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, 1-bathroom apartment of 49 m², built in 1987, energy rating C. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This property offers a functional kitchen with adequate appliances and enjoys good natural light in reasonably sized bedrooms, enhancing its appeal for both personal housing and investment opportunities. **
The valuation. The asking price of €210,000 is significantly above the fair value of €117,025, representing an overpriced situation of €92,975 (44.3%). This suggests a misalignment between market expectations and genuine value.
Fair value modelled at €117,025 from the area baseline, adjusted for condition and location. Asking €210,000 sits €92,975 (44.3%) above — overpriced versus fair value.
Asking €210,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €130,536 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · 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 €130,536 + condition -€14,164 + location +€9,718 = modelled fair value of €117,025 (€2,388/m²), a €92,975 (44.3%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 49b664 | Subject | €210,000 | €4,286 | — | 60 | 70 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 99f42a | Active | €295,000 | €7,763 | 81.1% | 65 | 78 |
| Santa Marinha e São Pedro da Afurada · 82c751 | Active | €210,000 | €4,468 | 4.3% | 45 | 62 |
| rua de Cedofeita, 390 | Active | €340,000 | €6,071 | 41.7% | 60 | 77 |
| rua Leote do Rego, 186 | Active | €280,000 | €4,000 | 6.7% | — | 72 |
| Median comp | €287,500 | €5,270 | 23.0% | 60 | 75 |
Long-term rental This property presents a challenge for long-term rental investments due to its significant overpricing at €210,000 compared to the fair value of €117,025, resulting in a 44.3% gap. With a gross yield of only 4.7% and a condition rating of 57/100, the return on investment may be inadequate in this suburban area. Family rental Targeting families as tenants may not be ideal, given the €210,000 price tag that exceeds its fair value by 44.3%, placing unrealistic expectations on rental income. The neighbourhood's decent rating of 70/100 might attract families, but the property’s condition and yield suggest a mismatch between price and potential rental income. Buy-and-hold For a buy-and-hold strategy, the property appears overpriced at €210,000, creating a significant gap of 44.3% from its fair value of €117,025. Although the area offers access to urban amenities and a middle-class demographic, the low gross yield of 4.7% raises concerns regarding long-term appreciation potential.
Inconsistent tenant demand With both economic and tenant stability scores at 70/100, there is a notable risk of fluctuating tenant demand that could lead to vacancies and reduced cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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