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 €404,077 (€2,479/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 €404,077 + 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.