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.
1-bedroom, 1-bathroom apartment of 68 m², built in 1993, energy rating D. Located on rua Dom António Meireles, 100, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: This property boasts a well-preserved mid-century design with original parquet flooring and wooden cabinetry, complemented by a private terrace ideal for outdoor living.
The valuation. The asking price of €230,000 is above fair value, which is estimated at €204,338, resulting in an excessive premium of €25,662 (12.6%). The property is deemed overpriced based on current market conditions.
Fair value modelled at €204,338 from 6 comparable sales in the area. Asking €230,000 sits €25,662 (12.6%) above — overpriced versus fair value.
Asking €230,000 versus the rua Dom António Meireles, 100 area baseline of €227,508 (€3,346/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 is below the parish average, reducing 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 €227,508, adjusted for condition and micro-location, gives a modelled fair value of €204,338 (€3,005/m²), a €25,662 (12.6%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom António Meireles, 100 | Subject | €230,000 | €3,382 | — | 55 | 75 |
| rua de Dom João IV, 177 | Active | €221,270 | €2,990 | 11.6% | 55 | 80 |
| Ramalde · e3adbe | Active | €225,000 | €2,922 | 13.6% | 55 | 79 |
| Lordelo do Ouro e Massarelos · 7882e4 | Active | €170,000 | €3,469 | 2.6% | 62 | 73 |
| rua Professor Joaquim Bastos, 109 | Active | €190,000 | €3,333 | 1.4% | — | 71 |
| Median comp | €205,635 | €3,162 | 6.5% | 55 | 76 |
Long-term rental The property is overpriced at €230,000 compared to a fair value of €204,338, representing a 12.6% gap that limits the investment's attractiveness in the long-term rental market. With a gross yield of 4.7% and a condition score of 57/100, the returns may not justify the premium price in a moderately performing neighborhood. Family rental While the neighborhood's amenities score 75/100 suggests decent living conditions for families, the €230,000 price tag exceeds its fair value of €204,338, indicating that the property is overpriced. The anticipated yield of 4.7% may not be compelling enough for family renters given the higher entry cost relative to local market conditions. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenged by its overpriced status at €230,000 versus a fair value of €204,338, reflecting a 12.6% disparity that diminishes long-term capital appreciation potential. The moderate condition score of 57/100 alongside a gross yield of 4.7% suggests that passive income may not compensate for the elevated upfront investment in a stable neighborhood. Not ideal for student housing Given its condition and price, this property does not align with the typical demands of student housing in the area, rendering it overpriced at €230,000. The lack of compelling yield potential further underscores its unsuitability for targeting the student demographic. Not ideal for luxury market The property fails to meet the expectations of the luxury market, as its pricing at €230,000 is above the fair valuation of €204,338, deeming it overpriced. Furthermore, the lower condition score and moderate yield do not support positioning within a luxury investment strategy.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to vacancy periods and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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