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 124 m², built in 1999, energy rating B. Located Madalena parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes two balconies with sea views—one shared with the bedrooms and another for the living room—enhancing outdoor living space in a tranquil gated community.
The valuation. The asking price of €350,000 is €239,102 (68.3%) above the fair value of €110,898, indicating that the property is overpriced. This significant discrepancy raises concerns about investment viability and potential returns.
Fair value modelled at €110,898 from the area baseline, adjusted for condition and location. Asking €350,000 sits €239,102 (68.3%) above — overpriced versus fair value.
Asking €350,000 versus the Madalena, Vila Nova de Gaia, Porto area baseline of €325,872 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 65 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Madalena, Vila Nova de Gaia, Porto
Area baseline €325,872 + condition -€12,594 + location +€7,428 = modelled fair value of €110,898 (€894/m²), a €239,102 (68.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Madalena · 9372ff | Subject | €350,000 | €2,823 | — | 70 | 66 |
| Canidelo · 82c790 | Active | €350,000 | €3,333 | 18.1% | 70 | 72 |
| rua Velha dos Lagos, 185 | Active | €350,000 | €2,991 | 6.0% | 78 | 66 |
| rua Nova Lisboa | Active | €425,000 | €2,640 | 6.5% | 70 | 70 |
| rua Chavinha, 185 | Active | €299,900 | €2,272 | 19.5% | 70 | 76 |
| Median comp | €350,000 | €2,816 | 0.3% | 70 | 71 |
Long-term rental The property presents a yield of 5.4%; however, its stark disparity of 68.3% from fair value indicates it is overpriced, making it a less appealing option for sustained rental income. The current condition rating of 69/100 and neighborhood quality of 66/100 further suggest limited competitive advantage in attracting reliable long-term tenants. Buy-and-hold A buy-and-hold strategy appears compromised as the property is reportedly valued at €350,000, which is significantly above the fair value of €110,898. The 68.3% gap signals a potential for stagnation in capital appreciation, especially given its location and the current condition ratings. Family rental While the property may initially seem suitable for family rentals, the striking gap from fair value to listing price of 68.3% indicates it is overpriced, potentially deterring families seeking affordable options. Additionally, the neighborhood ratings suggest challenges in appealing to family demographics, limiting the attractiveness of this rental strategy.
Potential rent volatility The combined economic stability score of 70 and tenant stability score of 65 indicates a risk of fluctuating rental income due to potential economic instability and less secure tenant retention.