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, 3-bathroom apartment of 163 m², built in 2024, energy rating A. Located on alameda Jardins da Arrábida, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. The apartment features a 125m² private terrace, ideal for outdoor entertaining, with south and west exposures that provide excellent natural light throughout the day.
The valuation. The asking price of €599,000 is significantly above the fair value of €468,092, representing an overvaluation of €130,908 (21.9%). This price position indicates a lack of attractiveness for savvy investors. Buy-to-flip angle. A buy-and-flip strategy focusing on cosmetic upgrades could potentially increase resale value, but current overpricing limits immediate profit potential. Buyers should be cautious with high entry costs. Buy-to-let angle. At an estimated rental income of €1,647/month, the gross yield stands at 3.3%, reflecting a modest return on investment. Given the local demand, long-term rental could provide stable cash flow, albeit at a lower yield.
Fair value modelled at €468,092 from the area baseline, adjusted for condition and location. Asking €599,000 sits €130,908 (21.9%) above — overpriced versus fair value.
Asking €599,000 versus the alameda Jardins da Arrábida area baseline of €428,364 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 90 · Room dimensions 83). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
alameda Jardins da Arrábida
Area baseline €428,364 + condition +€20,375 + location +€43,640 = modelled fair value of €468,092 (€2,872/m²), a €130,908 (21.9%) gap versus the €599,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda Jardins da Arrábida | Subject | €599,000 | €3,675 | — | 80 | 77 |
| avenida da Beira-Mar S / N | Active | €738,000 | €3,514 | 4.4% | 80 | 72 |
| Santa Marinha e São Pedro da Afurada · ba3f66 | Active | €745,000 | €3,617 | 1.6% | 84 | 78 |
| rua Jorge Dias | Active | €560,000 | €3,011 | 18.1% | 80 | 68 |
| avenida Afonso de Albuquerque, 240 | Active | €850,000 | €3,696 | 0.6% | 90 | 75 |
| Median comp | €741,500 | €3,566 | 3.0% | 82 | 74 |
Long-term rental The property is overpriced at €599,000 compared to a fair value of €468,092, indicating a 21.9% gap that may negatively impact long-term rental profitability. With a gross yield of 3.3%, this investment is unlikely to provide sufficient returns in a competitive rental market. Short-term vacation rental Given the current listing price of €599,000, this property is overpriced by 21.9% against its fair value, making it a less attractive option for short-term vacation rentals. The moderate yield and the competitive landscape of vacation rentals in the area further diminish its financial viability. Buy-and-hold At €599,000, the property is overpriced relative to its fair value of €468,092, creating a significant investment risk for a buy-and-hold strategy. The neighborhood rating of 77/100 may support appreciation, but insufficient immediate value raises concerns about long-term investment returns.
Economic downturn risk With an economic stability score of 80/100, there is potential for fluctuations that could negatively impact rental income, particularly if economic conditions worsen unexpectedly.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
