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.
4-bedroom, 0-bathroom apartment of 164 m². Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment features a spacious terrace with a jacuzzi, ideal for leisure and socializing, along with proximity to the marina and Douro River for a tranquil lifestyle.
The valuation. The asking price of €1,700,000 sits significantly above the fair value of €467,712, representing a discrepancy of €1,232,288 (72.5%). Verdict: overpriced.
Fair value modelled at €467,712 from the area baseline, adjusted for condition and location. Asking €1,700,000 sits €1,232,288 (72.5%) above — overpriced versus fair value.
Asking €1,700,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €436,896 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 85 · Materials 90 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto
Area baseline €436,896 + condition +€20,500 + location +€40,656 = modelled fair value of €467,712 (€2,852/m²), a €1,232,288 (72.5%) gap versus the €1,700,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 82c7c4 | Subject | €1,700,000 | €10,366 | — | 85 | 75 |
| rua do Coelho Neto, 67E | Active | €215,000 | €5,658 | 45.4% | 75 | 74 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 6d5476 | Active | €379,900 | €3,550 | 65.7% | 75 | 79 |
| rua do Morgado de Mateus, 123 | Active | €340,000 | €4,096 | 60.5% | 75 | 78 |
| Santa Marinha e São Pedro da Afurada · f366d0 | Active | €295,000 | €4,338 | 58.1% | 75 | 72 |
| Median comp | €317,500 | €4,217 | 59.3% | 75 | 76 |
Long-term rental The current listing price of €1,700,000 represents a significant gap of 72.5% above the fair value of €467,712, pointing to the property being overpriced for a long-term rental strategy. With a gross yield of only 1.1%, this investment fails to deliver acceptable returns in the long-term rental market. Family rental At a listing price that is 72.5% over its fair value, the property does not align with the typical financial considerations for a family rental investment. The low gross yield of 1.1% indicates that this option would provide insufficient income to justify the investment. Buy-and-hold The property priced at €1,700,000 is significantly overpriced, exceeding fair market valuation by 72.5%, which raises concerns for a buy-and-hold strategy. With a gross yield of only 1.1%, the returns would likely fail to cover long-term holding costs adequately, making this strategy less viable. Not ideal for short-term vacation rental Given the property’s high price and low yield, it is unsuitable for a short-term vacation rental strategy, which typically requires higher returns. The expected income would likely be inadequate to cover costs, especially in a market where profitability can vary widely. Not ideal for student housing The property’s significant price over fair value means it is not a viable option for student housing, where lower rental costs are usually preferred. Additionally, the low yield of 1.1% would not attract the necessary tenant demand to make this investment profitable.
Tenant turnover risk A tenant stability score of 70/100 may indicate a higher likelihood of tenant turnover, which can affect cash flow and increase vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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