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 131 m², built in 2001, energy rating C. Located on rua Cruzes de São Vicente, Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. This apartment features a spacious open-plan living area that seamlessly connects to a private terrace, enhancing outdoor living and entertainment options.
The valuation. The asking price of €246,500 is significantly below the fair value of €352,776, representing a discount of €106,276 (43.1%). This property is deemed underpriced according to the market analysis.
Fair value modelled at €352,776 from the area baseline, adjusted for condition and location. Asking €246,500 sits €106,276 (43.1%) below — the upside to fair value.
Asking €246,500 versus the rua Cruzes de São Vicente area baseline of €344,268 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 70 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Cruzes de São Vicente
Area baseline €344,268 + condition +€2,047 + location +€25,980 = modelled fair value of €352,776 (€2,693/m²), a €106,276 (43.1%) gap versus the €246,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Cruzes de São Vicente | Subject | €246,500 | €1,882 | — | 75 | 70 |
| Grijó e Sermonde · 42002b | Active | €259,000 | €2,398 | 27.4% | 70 | 62 |
| autoestrada A1 | Active | €275,000 | €2,132 | 13.3% | — | 73 |
| rua Coteiro, 159 | Active | €285,000 | €2,036 | 8.2% | 80 | 70 |
| Grijó e Sermonde · b45318 | Active | €285,000 | €3,132 | 66.4% | 76 | 69 |
| Median comp | €280,000 | €2,265 | 20.4% | 76 | 70 |
Long-term rental The 2-bed apartment in Grijó e Sermonde is listed at €246,500, which presents a significant gap of 43.1% compared to its fair value of €352,776, indicating it is underpriced. With a gross yield of 3.8% and a respectable neighbourhood score of 70/100, this property is a solid choice for stable cash flow over the long term. Family rental Given the apartment's size and condition rating of 76/100, it is well-suited for family rentals in the suburban area of Greater Porto, where demand for more spacious living quarters remains strong. The property’s pricing, at €246,500, reflects an attractive opportunity for families seeking quality accommodation at a competitive rental rate, bolstered by the recognition of positive neighbourhood amenities. Buy-and-hold Investing in this property for a buy-and-hold strategy aligns well with its firm foundation of being underpriced at €246,500 versus its fair value of €352,776. Over time, the appreciation potential and the outlined yield suggest that this property can yield favorable returns while benefiting from the area's steady growth characteristics. Not ideal for The property is not well-suited for short-term rental endeavors due to its suburban location and the limited demand for transient accommodations in Grijó e Sermonde. Additionally, the luxury market and student housing strategies are less appropriate given the apartment's characteristics and the overall market dynamics, which do not favor such segments in this area.
Economic vulnerability The economic stability score of 60 indicates potential fluctuations in market conditions that could adversely affect rental income and property value.
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