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 2008. Located on travessa do Gaiato, Azurara parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment includes a private terrace for outdoor gatherings and is located in an exclusive gated community with resort-like amenities such as a swimming pool and leisure room.
The valuation. The asking price of €410,000 is significantly above the fair value of €188,512, representing an overvaluation of €221,488 (54.0%). This property is not a wise investment based on its current pricing.
Fair value modelled at €174,560 from the area baseline, adjusted for condition and location. Asking €410,000 sits €235,440 (57.4%) above — overpriced versus fair value.
Asking €410,000 versus the travessa do Gaiato area baseline of €162,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
travessa do Gaiato
Area baseline €162,400 + condition +€7,613 + location +€4,547 = modelled fair value of €174,560 (€1,505/m²), a €235,440 (57.4%) gap versus the €410,000 asking price.
Long-term rental Despite the gross yield of 3%, the property in Azurara is overpriced at €410,000, well above the fair value of €188,512. The mixed urban/suburban characteristics and less affluent neighborhood suggest limited potential for appreciation, which could hinder long-term rental returns. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is not advisable, given its current price being 54% higher than fair value. The property's condition and neighborhood rating further indicate that future value appreciation may not compensate for the high initial investment cost.
Tenant turnover risk With a tenant stability score of 60/100, there's a substantial risk of higher tenant turnover, which can lead to increased vacancy rates and related costs.
