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.
2-bedroom, 2-bathroom apartment of 102 m² on the 2nd floor, built in 1984, energy rating C. Located on rua Doutor Alves da Veiga, 95, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment features a closed balcony that enhances living space and offers an ideal spot for relaxation while enjoying views of the vibrant city life.
The valuation. The asking price of €360,000 exceeds the fair value of €262,691 by €97,309, representing a 37.0% overvaluation. The property is not a sound investment opportunity given its overpriced status.
Fair value modelled at €262,691 from 6 comparable sales in the area. Asking €360,000 sits €97,309 (37.0%) above — overpriced versus fair value.
Asking €360,000 versus the rua Doutor Alves da Veiga, 95 area baseline of €291,267 (€2,856/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 is below the parish average, reducing 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 €291,267, adjusted for condition and micro-location, gives a modelled fair value of €262,691 (€2,575/m²), a €97,309 (37.0%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Alves da Veiga, 95 | Subject | €360,000 | €3,529 | — | 62 | 71 |
| Mafamude e Vilar do Paraíso · 4b9846 | Active | €249,000 | €2,327 | 34.1% | 72 | 61 |
| avenida de Fernão de Magalhães | Active | €287,000 | €2,733 | 22.6% | 72 | 72 |
| avenida Fernão de Magalhaes | Active | €287,000 | €2,733 | 22.6% | 72 | 77 |
| rua Matias de Albuquerque | Active | €249,000 | €2,417 | 31.5% | 66 | 74 |
| Median comp | €268,000 | €2,575 | 27.0% | 72 | 73 |
Long-term rental The 2-bed apartment in Cedofeita is overpriced by 37.0% compared to its fair value, indicating limited potential for long-term rental profitability. With a relatively low yield of 4.5% and a condition rating of 67/100, the investment may not generate adequate returns over time. Short-term vacation rental Given the 37.0% gap from fair value, the property appears overpriced for a short-term vacation rental strategy. The current yield of 4.5% does not justify the investment, especially in a competitive market where returns may be constrained. Buy-and-hold The buy-and-hold strategy for this apartment is challenged by its 37.0% price premium over fair value, making it a less attractive long-term investment. The 4.5% yield, coupled with a condition score of 67/100, suggests that holding this property may not deliver the expected appreciation or cash flow benefits.
Tenant turnover risk The tenant stability score of 60/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs.
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