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, energy rating D. Located on rua José de Almada Negreiros, 177, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment features a sunroom equipped with a washing machine and dryer, enhancing functionality while providing additional natural light and a cozy space for relaxation.
The valuation. The asking price of €265,000 sits below the fair value of €283,634, indicating the property is underpriced by €18,634 (7.0%). This presents a solid opportunity for potential investors looking for a good value. Buy-to-flip angle. With the property in good condition (73/100), focusing on minor updates could enhance its market appeal, facilitating a successful resale strategy. Aiming for a higher return, investors might consider selling at a competitive price post-renovations. Buy-to-let angle. The projected rental income of approximately €1,104 per month offers a gross yield of 5%, positioning the property as an attractive option for long-term investment. This income strategy aligns well with the demand for family rental properties in the area.
Fair value modelled at €283,634 from the area baseline, adjusted for condition and location. Asking €265,000 sits €18,634 (7.0%) below — the upside to fair value.
Asking €265,000 versus the rua José de Almada Negreiros, 177 area baseline of €283,824 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua José de Almada Negreiros, 177
Area baseline €283,824 + condition -€3,375 + location +€19,277 = modelled fair value of €283,634 (€2,626/m²), a €18,634 (7.0%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José de Almada Negreiros, 177 | Subject | €265,000 | €2,454 | — | 70 | 68 |
| avenida António Coelho Moreira | Active | €379,000 | €2,269 | 7.5% | 73 | 71 |
| rua António Rodrigues da Rocha | Active | €270,000 | €1,971 | 19.7% | 70 | 75 |
| rua Alexandre O'Neill, 1 | Active | €265,000 | €2,284 | 6.9% | 65 | 71 |
| rua Leote do Rego | Active | €245,000 | €2,227 | 9.2% | 74 | 71 |
| Median comp | €267,500 | €2,248 | 8.4% | 72 | 71 |
Long-term rental This 3-bed apartment is poised for stable income as a long-term rental, given its strong gross yield of 5% and a fair value assessment indicating it is underpriced by 7%. The pleasing condition score of 73 and a decent neighborhood rating of 68 support its attractiveness to potential tenants seeking a suburban base near Porto. Family rental With ample space at 108m², this apartment is an excellent option for families looking for a comfortable home in a neighborhood that boasts adequate amenities and tenant quality. The current pricing pulse, reflecting a 7% gap below fair value, also enhances its appeal for families seeking both value and convenience in their living situation. Buy-and-hold As a buy-and-hold investment, this property offers promising long-term appreciation potential, benefitting from its underpriced status against fair market assessments. Additionally, the strategic location near Porto’s economic activity, combined with favorable rental characteristics, makes it a sound choice for investors looking to capitalize on future market growth.
Economic vulnerability With an economic stability score of 70, there is a risk that shifts in the local economy could negatively impact property values or rental income, while a tenant stability score of 65 suggests potential volatility in tenant retention and occupancy rates.