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 86 m², built in 1982, energy rating E. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment benefits from a strategic location opposite the future Rubi Metro Line, ensuring convenient public transportation access for residents.
The valuation. The asking price of €289,000 is significantly higher than the fair value of €215,055, creating a difference of €73,945 (25.6%). This property is considered overpriced. Buy-to-flip angle. Given the current market conditions, a buy-and-flip strategy would require a calculated investment in renovations to boost resale value, making the current asking price unfeasible. Buy-to-let angle. The estimated rental income of €1,180/month provides a gross yield of 4.9%, making it a viable option for long-term or family rentals in a suburban neighborhood with decent urban connections.
Fair value modelled at €215,055 from the area baseline, adjusted for condition and location. Asking €289,000 sits €73,945 (25.6%) above — overpriced versus fair value.
Asking €289,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €213,194 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 72 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 65 · Amenities 65 · Economic 60 · Tenant Quality 65). 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 €213,194 + condition -€10,078 + location +€11,939 = modelled fair value of €215,055 (€2,501/m²), a €73,945 (25.6%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 49b66c | Subject | €289,000 | €3,360 | — | 70 | 64 |
| alameda do Cedro, 1 | Active | €196,000 | €3,063 | 8.9% | 70 | 73 |
| parque da Lavandeira | Active | €250,000 | €2,941 | 12.5% | 62 | 72 |
| rua Professor Urbano de Moura | Active | €395,000 | €2,782 | 17.2% | 69 | 74 |
| rua Instituto de Cegos S Manuel, 22 | Active | €335,000 | €3,284 | 2.3% | 70 | 77 |
| Median comp | €292,500 | €3,002 | 10.7% | 70 | 74 |
Long-term rental Given the property is overpriced with a 25.6% gap to fair value, the long-term rental strategy may yield lower returns due to overvaluation. With a gross yield of 4.9%, there is limited potential for significant appreciation in the investment. Family rental While the property could appeal to families in the friendly suburban environment, its pricing surpasses fair value, impacting the attractiveness in a competitive rental market. The condition score of 68/100 indicates a need for improvement, which may deter potential family tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is not ideal given its overpriced status, as the 25.6% discrepancy suggests a likely decline in value over time. With the current economic and housing market conditions, the property may not appreciate sufficiently to justify the investment.
Economic Vulnerability With an economic stability score of 60/100, there is a moderate risk of economic downturn affecting rental demand and property value. Tenant Vulnerability A tenant stability score of 65/100 indicates potential instability that could lead to increased vacancy rates and income fluctuations.
