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, 2-bathroom apartment of 108 m², built in 1993, energy rating D. Located on rua José de Almada Negreiros, 109, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a private box garage conveniently located 300 meters away, and its original 1993 construction offers potential for personalized renovations. Investment Potential: Given its proximity to essential transport infrastructures, this property is ideal for both residential and investment purposes.
The valuation. The asking price of €260,000 is below the fair value of €273,606, representing a difference of €13,606 (5.2%). This property is therefore considered subpriced for its current market condition.
Fair value modelled at €273,606 from the area baseline, adjusted for condition and location. Asking €260,000 sits €13,606 (5.2%) below — the upside to fair value.
Asking €260,000 versus the rua José de Almada Negreiros, 109 area baseline of €267,732 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 50). Strong amenities and housing-market momentum support a premium to baseline.
rua José de Almada Negreiros, 109
Area baseline €267,732 + condition -€5,906 + location +€11,780 = modelled fair value of €273,606 (€2,533/m²), a €13,606 (5.2%) gap versus the €260,000 asking price.
Long-term rental The 3-bed apartment in Santa Marinha e São Pedro da Afurada is well-positioned for long-term rental, with a gross yield of 5% and a fair value exceeding the listing price by 5.2%. This attractive yield, combined with the property’s decent condition rating of 72/100, signals a promising return on investment for investors seeking stable rental income. Family rental This property is a great option for families looking for a spacious 3-bed apartment in a suburban setting that offers proximity to Porto, enhancing employment options. Given the neighborhood's overall tenant quality and the apartment's competitive price below fair value, it meets the needs of families seeking affordable housing without compromising on space. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is advantageous, especially as it is currently listed below its fair value by 5.2%. The location in a suburban area, coupled with a stable gross yield of 5%, supports long-term appreciation and continuous cash flow for property investors.
Tenant Turnover Risk The tenant stability score of 50/100 indicates a high risk of turnover that could affect consistent rental income and increase vacancy rates.
