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 110 m², energy rating D. Located on rua Leote do Rego, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This property features three fronts that ensure exceptional natural light throughout the day, along with a spacious enclosed balcony for extended living space.
The valuation. The property is currently listed at €245,000, presenting an opportunity as it sits €48,190 (19.7%) below the fair value of €293,190. This suggests the property is underpriced, inviting favorable investment conditions.
Fair value modelled at €293,190 from the area baseline, adjusted for condition and location. Asking €245,000 sits €48,190 (19.7%) below — the upside to fair value.
Asking €245,000 versus the rua Leote do Rego area baseline of €272,690 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 74 · Materials 76 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Leote do Rego
Area baseline €272,690 + condition -€2,406 + location +€22,906 = modelled fair value of €293,190 (€2,665/m²), a €48,190 (19.7%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Leote do Rego | Subject | €245,000 | €2,227 | — | 74 | 71 |
| rua Leote do Rego | Active | €245,000 | €2,227 | 0% | 74 | 68 |
| rua José Teixeira Barreto | Active | €249,000 | €3,192 | 43.3% | 70 | 75 |
| Mafamude e Vilar do Paraíso · 4bc73e | Active | €168,000 | €2,100 | 5.7% | 72 | 71 |
| rua Pêro Vaz de Caminha, 68 | Active | €235,000 | €1,975 | 11.3% | 73 | 73 |
| Median comp | €240,000 | €2,164 | 2.9% | 73 | 72 |
Long-term rental Given the gap of 19.7% between the listing price and fair value, this property represents a compelling long-term rental opportunity. Its gross yield of 4.8% suggests a solid return on investment for landlords looking to capitalize on the growing demand in Vila Nova de Gaia. Buy-and-hold The property’s current listing price of €245,000 versus a fair value of €293,190 highlights it as a strategic buy-and-hold asset in the Greater Porto area. As property values appreciate over time, this investment stands to benefit significantly, especially considering the decent condition rating of 74/100. Family rental This apartment is well-suited for family rentals given its spacious 110m² layout, which caters to a growing demographic of families seeking homes in suburban areas. The competitive price and strong yield potential make it an attractive option for landlords targeting long-term family tenants in Vila Nova de Gaia.
Economic and Tenant Instability Risk The property faces potential economic downturns or tenant turnover, with both economic stability and tenant stability scores at a moderate 70/100, indicating vulnerability to fluctuations in the rental market.