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, 1-bathroom house of 225 m², built in 2021, energy rating A. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The property boasts a basement cinema room and a terrace linked to the living room, enhancing both entertainment and outdoor living experiences in a prime Porto location.
The valuation. The asking price of €690,000 is 9.0% below the fair value of €758,427, indicating it is fairly priced in the current market environment. This aligns with an attractive opportunity for potential buyers. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the property's high-quality contemporary construction and desirable central location, allowing for potential resale after minor cosmetic upgrades to attract higher offers. Buy-to-let angle. Given an estimated rental income of €2,070/month, the gross yield of 3.6% suggests a steady income stream for a long-term buy-and-hold investment, capitalizing on Porto's growing rental demand.
Fair value modelled at €758,427 from 3 comparable sales in the area. Asking €690,000 sits €68,427 (9.0%) below — the upside to fair value.
Asking €690,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €703,145 (€3,125/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €703,145, adjusted for condition and micro-location, gives a modelled fair value of €758,427 (€3,371/m²), a €68,427 (9.0%) gap versus the €690,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 51cd96 | Subject | €690,000 | €3,067 | — | 78 | 77 |
| rua do Outeiro | Active | €600,000 | €3,371 | 9.9% | 78 | 77 |
| Santa Marinha e São Pedro da Afurada · e8360b | Active | €595,000 | €2,610 | 14.9% | 75 | 81 |
| travessa do Monte de Ramalde | Active | €650,000 | €3,693 | 20.4% | 72 | 73 |
| Median comp | €600,000 | €3,371 | 9.9% | 75 | 77 |
Long-term rental The property offers a gross yield of 3.6%, which is fairly typical for the central Porto market but indicates limited income upside. Coupled with its respectable condition and neighborhood rating, it may appeal to long-term tenants seeking a stable living environment. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy, as the fair value sits at €758,427, suggesting potential appreciation over time given the strengthening market forecasts. Holding onto this asset could yield steady returns, but investors should be mindful of the current price being fairly close to its fair value, limiting immediate capital gains. Value-add renovation The current condition of the property is rated at 78/100, providing an opportunity for value-add renovations that could enhance its appeal and rental income potential. However, given that the property is priced at €690,000, which is fair but not an advantageous bargain, renovation efforts must be carefully evaluated against projected market returns.
Economic and Tenant Dependence Risk The property may be vulnerable to fluctuations in the local economy or tenant demographics, as both economic stability and tenant stability scores are 80/100, indicating potential susceptibility to market changes.
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