This listing includes AI condition scoring, neighbourhood intelligence, and market valuation data — giving you a complete picture before you visit. Compare rental yield, price per square metre, and location strength against the broader Portuguese market to assess whether this property fits your investment strategy.
3-bedroom, 0-bathroom apartment of 105 m², energy rating C. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Outdoor amenities: The apartment features a large backyard patio with direct access to a closed garage, enhancing convenience for urban living and personal outdoor space enjoyment. Unique design: The vaulted corridor with LED lighting fixtures seamlessly connects to the private area, adding a touch of modern elegance to the overall layout.
The valuation. The asking price of €545,000 sits significantly below the fair value of €746,261, representing a discount of €201,261 (27.0%). This property is clearly subpriced and represents an attractive investment opportunity. Buy-to-flip angle. The buy-to-flip strategy for this 3-bed apartment could involve minor cosmetic upgrades, allowing for a profitable resale at a higher market value. Targeting a quick flip could capitalize on the current undervaluation and premium renovation. Buy-to-let angle. The rental strategy projects a gross yield of 3.1%, generating an estimated €1,408 per month. This presents a steady income stream, ideal for a buy-and-hold approach in a desirable neighborhood of Porto.
Fair value modelled at €746,261 from 6 comparable sales in the area. Asking €545,000 sits €201,261 (27.0%) below — the upside to fair value.
Asking €545,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €713,559 (€6,796/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €713,559, adjusted for condition and micro-location, gives a modelled fair value of €746,261 (€7,107/m²), a €201,261 (27.0%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · e3abc3 | Subject | €545,000 | €5,190 | — | 92 | 80 |
| Santa Marinha e São Pedro da Afurada · 82c7c4 | Active | €1,700,000 | €10,366 | 99.7% | 85 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · cc9b33 | Active | €490,900 | €7,114 | 37.1% | 88 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · cc9b55 | Active | €531,900 | €7,492 | 44.3% | 80 | 77 |
| rua da Fitela, 8 | Active | €254,000 | €3,528 | 32.0% | 80 | 80 |
| Median comp | €511,400 | €7,303 | 40.7% | 83 | 77 |
Long-term rental Given the substantial gap of 27.0% between the current listing price of €545,000 and the fair value of €746,261, this 3-bed apartment in Porto presents an attractive opportunity for long-term rental investments. The solid gross yield of 3.1% combined with a favorable condition rating of 84/100 enhances its appeal as a reliable rental property in a vibrant urban environment. Short-term vacation rental With a fair value significantly exceeding the listing price, this property could thrive as a short-term vacation rental, capitalizing on Porto's cultural and economic prominence. The combination of a high condition rating and proximity to amenities suggests strong potential for generating competitive nightly rates. Buy-and-hold The investment appeal of this property lies in its subvaluation, encouraging a buy-and-hold strategy where investors can benefit from price appreciation in the long term. Given the desirable location in Porto city center, holding onto this apartment could yield significant returns as the market adjusts toward the fair value. Not ideal for student housing While Porto's urban environment has demand, this property is not aligned with the student housing market due to its price point and suboptimal yield for such a target demographic. The high overall quality and condition suggest that it may cater better to a different type of tenant. Not ideal for luxury market The positioning of this apartment does not suit the luxury market, as its fair value and yield do not align with high-end offerings typically sought after in Porto's affluent segments. This property, while attractive, does not meet the expectations of luxury buyers or tenants looking for opulence.
[Tenant turnover risk] With a tenant stability score of 65/100, there is a significant risk of increased tenant turnover, leading to potential income instability and additional costs associated with finding new tenants.
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