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 81 m² on the 1st floor, built in 1972, energy rating C. Located on avenida da República, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment boasts a spectacular solid wood floor with an elegant herringbone design, adding charm and authenticity to the space, along with wooden doors in excellent condition.
The valuation. The asking price of €220,000 is significantly above the fair value of €178,894, indicating an overvaluation of €41,106 (18.7%). This discrepancy suggests that any potential buyer should proceed with caution.
Fair value modelled at €178,894 from the area baseline, adjusted for condition and location. Asking €220,000 sits €41,106 (18.7%) above — overpriced versus fair value.
Asking €220,000 versus the avenida da República area baseline of €215,784 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 (Condition 42 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
avenida da República
Area baseline €215,784 + condition -€37,969 + location +€16,064 = modelled fair value of €178,894 (€2,209/m²), a €41,106 (18.7%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da República | Subject | €220,000 | €2,716 | — | 42 | 70 |
| Mafamude e Vilar do Paraíso · 1e62aa | Active | €300,000 | €3,371 | 24.1% | 55 | 76 |
| Vilar de Andorinho · dee5b6 | Active | €295,000 | €2,892 | 6.5% | 57 | 75 |
| rua Doctor Alves de Veiga | Active | €299,000 | €3,883 | 43.0% | 61 | 76 |
| rua Pádua Correia | Active | €249,500 | €3,006 | 10.7% | 67 | 73 |
| Median comp | €297,000 | €3,189 | 17.4% | 59 | 76 |
Long-term rental The property appears overpriced with a listing price of €220,000 compared to a fair value of €178,894, representing an 18.7% gap. The 5.2% gross yield may not compensate for the elevated initial investment, potentially limiting long-term rental viability. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is questionable given its current pricing, marked by a fair value of €178,894 against a listing price of €220,000. The property's condition score of 45/100 further indicates it may not meet long-term appreciation expectations in a suburban market. Family rental While the property is situated in a suburban area of Porto with decent transport links, its listing price is too high at €220,000 compared to the fair value of €178,894. This overpricing may deter families seeking value-oriented housing in a competitive rental market.
Tenant Default Risk With a tenant stability score of 60/100, there is a heightened risk of tenant defaults, potentially leading to increased vacancy rates and rental income fluctuations.
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