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 117 m², energy rating B. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy features: The apartment features two balconies that enhance its spaciousness, along with a dedicated laundry area for added functionality. Condition: Impeccable, ready to move in.
The valuation. The asking price of €380,000 exceeds the fair value of €340,633 by €39,367 (10.4%). As such, the property is considered overpriced.
Fair value modelled at €340,633 from the area baseline, adjusted for condition and location. Asking €380,000 sits €39,367 (10.4%) above — overpriced versus fair value.
Asking €380,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €290,043 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 78 · Materials 90 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). 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 €290,043 + condition +€14,625 + location +€35,965 = modelled fair value of €340,633 (€2,911/m²), a €39,367 (10.4%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 25f66d | Subject | €380,000 | €3,248 | — | 78 | 81 |
| rua Moçambique | Active | €420,000 | €3,717 | 14.4% | 82 | 68 |
| rua Velha dos Lagos, 185 | Active | €350,000 | €2,991 | 7.9% | 78 | 66 |
| rua Professor Rui Luís Gomes, 200 | Active | €420,000 | €3,853 | 18.6% | 79 | 75 |
| rua de Trás, 29 | Active | €828,000 | €5,080 | 56.4% | 83 | 78 |
| Median comp | €420,000 | €3,785 | 16.5% | 81 | 72 |
Long-term rental The 2-bed apartment in Santa Marinha e São Pedro da Afurada is overpriced by 10.4% relative to its fair value, limiting potential returns for long-term renters. With a gross yield of only 3.5%, investors may find better opportunities elsewhere in the competitive Greater Porto market. Buy-and-hold Investing in a buy-and-hold strategy for this property may not generate satisfactory gains, given its current price exceeds fair value. Long-term appreciation could be hampered, as the market dynamics in Vila Nova de Gaia are not favorable for overpriced listings. Family rental While this apartment has decent ratings for condition and neighborhood, it is overpriced by 10.4%, which negatively impacts its appeal for family rentals. Families typically seek affordable options, and this property might not attract tenants in a price-sensitive market segment.
Economic downturn risk A significant decline in the economy could threaten the property's value despite its strong economic stability score of 85/100, as tenant stability at 80/100 suggests challenges in retaining renters during financial volatility.