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 117 m², energy rating B. Located on rua Velha dos Lagos, 185, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This sixth-floor apartment offers breathtaking unobstructed views and excellent solar exposure, complemented by a versatile interior room ideal for office use or multifunctional purposes.
The valuation. The asking price of €350,000 is significantly above the fair value of €318,660, presenting an overpriced scenario of €31,340 (9.0%). Investors should be cautious when considering this property.
Fair value modelled at €318,660 from the area baseline, adjusted for condition and location. Asking €350,000 sits €31,340 (9.0%) above — overpriced versus fair value.
Asking €350,000 versus the rua Velha dos Lagos, 185 area baseline of €307,476 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Velha dos Lagos, 185
Area baseline €307,476 + condition +€10,055 + location +€18,563 = modelled fair value of €318,660 (€2,724/m²), a €31,340 (9.0%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Velha dos Lagos, 185 | Subject | €350,000 | €2,991 | — | 78 | 66 |
| Santa Marinha e São Pedro da Afurada · 25f66d | Active | €380,000 | €3,248 | 8.6% | 78 | 81 |
| Canidelo · 82c790 | Active | €350,000 | €3,333 | 11.4% | 70 | 72 |
| rua Cabo Verde | Active | €559,900 | €2,692 | 10.0% | 75 | 74 |
| avenida da República | Active | €585,480 | €3,424 | 14.5% | 90 | 74 |
| Median comp | €469,950 | €3,291 | 10.0% | 77 | 74 |
Long-term rental The property is overpriced at €350,000 relative to its fair value of €318,660, presenting a 9.0% gap that undermines its attractiveness for long-term investment. With a gross yield of 4.1%, the potential returns may not justify the above-market purchase price. Family rental While the property is suitable for family rental due to its size and suburban location, its current asking price is 9.0% above fair value, making it a less appealing investment. The 4.1% gross yield indicates limited profit potential for family-oriented tenants, given the prevailing market conditions. Buy-and-hold As a buy-and-hold strategy, this property is not ideal due to its overpriced listing at €350,000, which translates to a fair value discrepancy of 9.0%. The potential for growth in a suburban area near Porto is overshadowed by the lack of value at the current asking price, limiting long-term capital appreciation prospects.
Economic Decline Risk With an economic stability score of 65/100, the property may be vulnerable to downturns that could affect its long-term profitability.
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