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 92 m² on the 1st floor, built in 2023, energy rating B. Located on rua de Passos Manuel, Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. Noteworthy Features: The apartment boasts a private terrace and balcony for exclusive outdoor use, enhancing living space in a central Porto location. Key Highlights: Equipped with Bosch appliances, it’s ready for immediate habitation.
The valuation. The asking price of €369,000 is positioned significantly below its fair value of €445,052, reflecting a disparity of €76,052 (17.1%). This property is undoubtedly underpriced in the current market.
Fair value modelled at €445,052 from 6 comparable sales in the area. Asking €369,000 sits €76,052 (17.1%) below — the upside to fair value.
Asking €369,000 versus the rua de Passos Manuel area baseline of €430,762 (€4,682/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €430,762, adjusted for condition and micro-location, gives a modelled fair value of €445,052 (€4,838/m²), a €76,052 (17.1%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Passos Manuel | Subject | €369,000 | €4,011 | — | 85 | 75 |
| largo da Lapa, 51 | Active | €420,000 | €5,000 | 24.7% | 77 | 78 |
| rua de Santa Catarina | Active | €385,000 | €4,873 | 21.5% | 80 | 77 |
| rua do Lugarinho | Active | €335,000 | €3,526 | 12.1% | 80 | 73 |
| rua de Faria Guimarães | Active | €441,750 | €4,802 | 19.7% | 88 | 73 |
| Median comp | €402,500 | €4,838 | 20.6% | 80 | 75 |
Long-term rental This 2-bed apartment in Porto demonstrates a compelling long-term rental opportunity with a gross yield of 4.1%, suggesting an attractive return on investment. Its fair value assessment indicates that the property is currently subvalued by 17.1%, making it a strategic acquisition for sustained cash flow. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy due to its fair value exceeding the listing price, presenting a solid appreciation potential. The favorable economic landscape and stable employment opportunities in Porto bolster the case for holding onto this asset long-term. Family rental This location in Porto offers school quality and urban amenities that appeal to families, providing a stable tenant base for this 2-bed apartment. The property’s fair value suggests that it is appropriately priced for attracting long-term family renters at a reliable yield.
Economic Vulnerability A moderate economic stability score of 80 suggests potential exposure to market downturns, while a tenant stability score of 70 indicates a higher risk of tenant turnover, potentially impacting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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