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.
4-bedroom, 1-bathroom house of 190 m², energy rating E. Located Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória parish, Porto municipality, Porto district. This property is classified as a ruin, with extensive structural issues and previously approved plans for a triplex, offering significant redevelopment potential in a desirable residential area.
The valuation. The asking price of €395,000 is 8.3% above the fair value of €364,708, indicating it is fairly valued but not a bargain opportunity. This price reflects the challenges posed by the property's deteriorating condition.
Fair value modelled at €364,708 from 4 comparable sales in the area. Asking €395,000 sits €30,292 (8.3%) above — overpriced versus fair value.
Asking €395,000 versus the Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória, Porto, Porto area baseline of €616,230 (€3,243/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 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 €616,230, adjusted for condition and micro-location, gives a modelled fair value of €364,708 (€1,920/m²), a €30,292 (8.3%) gap versus the €395,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 0ac821 | Subject | €395,000 | €2,079 | — | 30 | 80 |
| rua São Roque da Lameira | Active | €265,000 | €1,767 | 15.0% | 25 | 73 |
| caminho da Bela | Active | €195,000 | €1,625 | 21.8% | 20 | 74 |
| Bonfim · e55471 | Active | €295,000 | €3,315 | 59.4% | — | 75 |
| rua do Gerês, 131 | Active | €315,000 | €2,072 | 0.3% | 19 | 80 |
| Median comp | €280,000 | €1,920 | 7.7% | 20 | 75 |
Long-term rental The property in Cedofeita presents a gross yield of 7.3%, making it an appealing option for long-term rental investments. Given the fair valuation of €364,708 compared to its listing price of €395,000, the returns align with the market conditions. Buy-and-hold With a fair value assessment indicating just an 8.3% gap, this property represents a stable buy-and-hold investment in a suburban area of Porto. The strong neighborhood score of 80/100 suggests potential for long-term appreciation, despite the current condition rating of 24/100. Family rental This four-bedroom house offers ample space and is located in a family-friendly neighborhood with typical amenities and schools, making it suitable for long-term family rental. Although the property is priced at €395,000, aligning closely with its fair value, it does provide an opportunity to capture a stable tenant demographic within the locale.
Economic Downturn Risk An economic stability score of 80/100 indicates potential vulnerability to downturns, which could affect tenant occupancy as reflected by the tenant stability score of 75/100.
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