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, 1-bathroom apartment of 62 m², built in 1969, energy rating D. Located on alameda do Cedro, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment features a large attic providing extensive customization possibilities, and is located in a highly desirable area with easy access to amenities, schools, and major roads.
The valuation. The asking price of €175,000 is substantially above the fair value of €136,097, representing an overpricing of €38,903 or 22.2%. This disconnect suggests investors should approach with caution and consider other options.
Fair value modelled at €136,097 from the area baseline, adjusted for condition and location. Asking €175,000 sits €38,903 (22.2%) above — overpriced versus fair value.
Asking €175,000 versus the alameda do Cedro area baseline of €153,698 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 42/100 (Condition 38 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
alameda do Cedro
Area baseline €153,698 + condition -€32,356 + location +€14,755 = modelled fair value of €136,097 (€2,195/m²), a €38,903 (22.2%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda do Cedro | Subject | €175,000 | €2,823 | — | 38 | 74 |
| Mafamude e Vilar do Paraíso · 0325c1 | Active | €350,000 | €3,241 | 14.8% | 60 | 80 |
| rua Francisco de Holanda, 35 | Active | €169,000 | €2,012 | 28.7% | 40 | 66 |
| rua Doutor António Granjo | Active | €215,000 | €2,471 | 12.4% | 42 | 72 |
| avenida da República | Active | €220,000 | €2,716 | 3.8% | 42 | 70 |
| Median comp | €217,500 | €2,594 | 8.1% | 42 | 71 |
Long-term rental While the gross yield of 5.9% may appear attractive, the property is overpriced by 22.2% relative to its fair value, limiting potential returns for long-term investment. Given the suburban characteristics contributing to a stable rental demand, prospective landlords should be cautious about the elevated entry cost. Family rental The property may suit families given the suburban lifestyle and overall decent neighborhood rating of 74/100; however, its significant pricing gap of 22.2% suggests an overpriced position in the market. With the apartment's condition rating of 42/100, investors may face additional costs in renovations before it meets family expectations. Buy-and-hold Investing in this property with a buy-and-hold strategy seems suboptimal due to its 22.2% gap from fair value, indicating that the acquisition price is excessively high. Moreover, while the neighborhood offers positive attributes, the overpriced nature of this apartment limits the potential for achieving attractive long-term capital appreciation.
Potential Economic Downturn The economic stability score of 75/100 suggests a moderate risk for future economic downturns that could negatively impact tenant retention and rental income.
