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 116 m², built in 2023, energy rating A. Located on rua Barreiro, Madalena parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes an independent radio sound system in all partitions, enhancing audio experience throughout the living space. Condicionais: O apartamento dispõe de um sistema de som rádio independente em todas as divisórias, melhorando a experiência sonora em todo o espaço de vida.
The valuation. The asking price of €359,000 sits significantly above the fair value of €125,237, representing an overpricing of €233,763 (65.1%). This discrepancy suggests that the property is overpriced. Buy-to-flip angle. A resale or wholesale strategy would likely require substantial market adjustments to align with comparable sales, given the inflated asking price. Quick renovations may not yield a profitable margin under current conditions. Buy-to-let angle. The estimated rental income of €1,197 per month offers a gross yield of 4%, which is modest compared to the high asking price. This makes the property less attractive for long-term rental investment.
Fair value modelled at €125,237 from the area baseline, adjusted for condition and location. Asking €359,000 sits €233,763 (65.1%) above — overpriced versus fair value.
Asking €359,000 versus the rua Barreiro area baseline of €304,848 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 77 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 60 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Barreiro
Area baseline €304,848 + condition +€7,975 + location +€8,686 = modelled fair value of €125,237 (€1,080/m²), a €233,763 (65.1%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Barreiro | Subject | €359,000 | €3,095 | — | 77 | 70 |
| rua Grémio da Prosperidade | Active | €375,000 | €2,586 | 16.4% | 77 | 73 |
| rua Professor Rui Luís Gomes, 200 | Active | €420,000 | €3,853 | 24.5% | 79 | 75 |
| rua Manuel Pereira Domingues S / N | Active | €420,000 | €3,652 | 18.0% | 85 | 76 |
| rua Moçambique | Active | €420,000 | €3,717 | 20.1% | 82 | 68 |
| Median comp | €420,000 | €3,685 | 19.1% | 81 | 74 |
Long-term rental The property represents a challenging long-term rental investment opportunity due to its pricing, which exceeds fair value by 65.1%, indicating it is overpriced. The gross yield of 4% is insufficient to justify the elevated cost in a market that demands more competitive pricing. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may not be ideal, given that it is priced significantly above the fair value of €125,237. The price overvaluation suggests limited potential for capital appreciation, affecting long-term profitability negatively. Family rental While the property is located in a vibrant area with a decent neighborhood score of 70/100, the significant 65.1% price gap from fair value makes it less suitable for family rental strategy. The expected yield of 4% does not adequately compensate for the high acquisition cost, limiting its attractiveness for families seeking value-driven rentals.
Tenant turnover risk High tenant turnover could be a concern given the tenant stability score of 70/100, which may lead to increased vacancy rates and associated costs.
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