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 154 m², built in 2022, energy rating A. Located on rua Barreiro, Madalena parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a spacious 24 m² balcony, perfectly suited for outdoor entertaining, and a private garden that enhances its appeal for relaxation and leisure.
The valuation. The asking price of €389,000 is significantly above the fair value of €175,502, representing an overpricing of €213,498 (54.9%). This high price point may deter potential buyers looking for reasonable market opportunities.
Fair value modelled at €175,502 from the area baseline, adjusted for condition and location. Asking €389,000 sits €213,498 (54.9%) above — overpriced versus fair value.
Asking €389,000 versus the rua Barreiro area baseline of €381,766 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 84 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Barreiro
Area baseline €381,766 + condition +€19,250 + location +€12,108 = modelled fair value of €175,502 (€1,140/m²), a €213,498 (54.9%) gap versus the €389,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Barreiro | Subject | €389,000 | €2,526 | — | 85 | 71 |
| rua Manuel Pereira Domingues S / N | Active | €420,000 | €3,652 | 44.6% | 85 | 76 |
| rua Moçambique | Active | €420,000 | €3,717 | 47.1% | 82 | 68 |
| rua Professor Rui Luís Gomes, 200 | Active | €420,000 | €3,853 | 52.5% | 79 | 75 |
| rua Grémio da Prosperidade | Active | €375,000 | €2,586 | 2.4% | 77 | 73 |
| Median comp | €420,000 | €3,685 | 45.9% | 81 | 74 |
Long-term rental The 2-bed apartment in Madalena, Vila Nova de Gaia is listed at €389,000, which exceeds its fair value of €175,502 by 54.9%, making it overpriced. With a gross yield of only 3.5%, potential long-term rental returns may not justify this high purchase price. Family rental While the property may appeal to families due to its decent condition score of 84/100, its significant price overvaluation at €389,000 means it is not a sound investment opportunity. The proximity to Porto could enhance rental demand, but the current market price limits profitability. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable given its listing price of €389,000 compared to a fair value of just €175,502, signaling it is overpriced. Despite the location near Porto offering potential growth, the inflated cost undermines long-term capital appreciation prospects.
Tenant turnover risk With a tenant stability score of 75, there is a moderate risk of tenant turnover, potentially affecting rental income and occupancy rates if not managed effectively.
