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 110 m², built in 1993. Located on rua José de Almada Negreiros, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. The property features a small balcony accessible from the living room, providing a charming outdoor space, and includes a private closed garage located 300 meters away for added convenience.
The valuation. The asking price of €260,000 sits €17,139 (6.6%) below the fair value of €277,139, indicating the property is underpriced and presents an attractive investment opportunity. Buy-to-flip angle. The strategy involves acquiring the 3-bed apartment to renovate and enhance its appeal, then reselling at a profit in the growing Vila Nova de Gaia market. Buy-to-let angle. With an estimated rental income of €1,257/month, the investment offers a gross yield of 5.8%, making it suitable for long-term family rentals in the area.
Fair value modelled at €277,139 from the area baseline, adjusted for condition and location. Asking €260,000 sits €17,139 (6.6%) below — the upside to fair value.
Asking €260,000 versus the rua José de Almada Negreiros area baseline of €272,690 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 68 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 67/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua José de Almada Negreiros
Area baseline €272,690 + condition -€14,094 + location +€18,543 = modelled fair value of €277,139 (€2,519/m²), a €17,139 (6.6%) gap versus the €260,000 asking price.
Long-term rental This property offers a 5.8% gross yield, appealing for investors seeking stable cash flow over time. With a fair value of €277,139, the listing price of €260,000 represents an opportunity for good long-term returns. Family rental The apartment's size and condition, rated at 67/100, make it suitable for family living, especially in the suburban area of Santa Marinha e São Pedro da Afurada. With access to basic amenities and transport, it can attract families looking for a comfortable home close to Porto. Buy-and-hold Acquiring this property could be a strategic decision for a buy-and-hold approach, given its fair value per square meter in the area. The relatively low listing price compared to its fair value suggests solid potential for appreciation over the long term without pricing out future renters.
Tenant turnover risk: With a tenant stability score of 55/100, there is a significant risk of high turnover, which could lead to increased vacancy rates and management costs.
