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, 2-bathroom apartment of 151 m² on the 12th floor, built in 2023, energy rating B. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This apartment features advanced underfloor heating and solar panels for water heating, ensuring energy efficiency and year-round comfort in a modern living environment.
The valuation. The asking price of €600,000 is slightly below the fair value of €609,647, presenting a marginal difference of €9,647 (1.6%). This positions the property at a fair valuation, making it an attractive option for investors.
Fair value modelled at €609,647 from 6 comparable sales in the area. Asking €600,000 sits €9,647 (1.6%) below — the upside to fair value.
Asking €600,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €554,770 (€3,674/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €554,770, adjusted for condition and micro-location, gives a modelled fair value of €609,647 (€4,037/m²), a €9,647 (1.6%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · e3abd9 | Subject | €600,000 | €3,974 | — | 92 | 81 |
| rua de Trás, 29 | Active | €828,000 | €5,080 | 27.8% | 83 | 78 |
| rua António Luis Gomes, 168 | Active | €480,000 | €3,000 | 24.5% | 73 | 76 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 874fd2 | Active | €600,000 | €3,871 | 2.6% | 76 | 76 |
| avenida da República | Active | €585,480 | €3,424 | 13.8% | 90 | 74 |
| Median comp | €592,740 | €3,648 | 8.2% | 80 | 76 |
Long-term rental The 3-bed apartment in Porto presents a stable opportunity for long-term rental, generating a gross yield of 5% in a favourable neighbourhood. With a condition rating of 85/100 and neighbourhood quality at 81/100, it supports consistent tenant demand, although the pricing aligns closely with fair market value. Short-term vacation rental While the property is well-suited for short-term vacation rentals given its central location, the pricing at €600,000 reflects a minimal gap against fair value. This implies that potential returns may not be maximized given the 1.6% difference to the estimated fair value. Buy-and-hold Investing in this buy-and-hold strategy could yield steady returns, as the property is adequately positioned in a sought-after area of Porto. However, the current price being almost equal to the fair value suggests limited upside potential in appreciation over time. Not ideal for student housing The 3-bed apartment does not suit the student housing market, primarily due to its current valuation being at fair market levels. This indicates a likelihood of limited returns compared to other investment avenues in the area.
Potential Decrease in Tenant Retention Despite a reasonable tenant stability score of 75/100, there is a risk that rising economic instability could lead to decreased tenant retention rates, potentially impacting occupancy and rental income.
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