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, 2-bathroom apartment of 103 m², energy rating C. Located on rua Estado da India, 342, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. This apartment offers abundant natural light due to its south and west exposure and features high-end finishes that enhance its luxurious feel, perfect for modern living.
The valuation. The asking price of €355,000 is significantly above the fair value of €288,639, indicating an overvaluation of €66,361 or 18.7%. This property is overpriced relative to its market potential.
Fair value modelled at €288,639 from the area baseline, adjusted for condition and location. Asking €355,000 sits €66,361 (18.7%) above — overpriced versus fair value.
Asking €355,000 versus the rua Estado da India, 342 area baseline of €255,337 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 83 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Estado da India, 342
Area baseline €255,337 + condition +€12,875 + location +€20,427 = modelled fair value of €288,639 (€2,802/m²), a €66,361 (18.7%) gap versus the €355,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Estado da India, 342 | Subject | €355,000 | €3,447 | — | 83 | 70 |
| praceta António Coelho Figueiredo, 58 | Active | €480,000 | €2,553 | 25.9% | 75 | 73 |
| rua Clube dos Caçadores | Active | €495,000 | €3,808 | 10.5% | 80 | 66 |
| travessa Barrosa S / N | Active | €460,000 | €2,968 | 13.9% | 79 | 73 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,739 | 20.5% | 72 | 73 |
| Median comp | €470,000 | €2,854 | 17.2% | 77 | 73 |
Long-term rental\nWith a gross yield of 3.7%, this property fails to provide an attractive return relative to its current listing price of €355,000, which is 18.7% above the fair value of €288,639. The neighborhood score of 70/100 indicates reasonable tenant quality and amenities, but the overpriced nature makes it less appealing for long-term rental investment.\n\nFamily rental\nAlthough the apartment is spacious and in good condition with a score of 86/100, its high purchase price means it is priced out of the optimal range for family rental markets. The suburban location provides access to Porto's amenities, but being overpriced at €355,000 diminishes its family-oriented attractiveness.\n\nBuy-and-hold\nInvesting in this apartment as a buy-and-hold strategy is less favorable, given that it is listed for €355,000, which is significantly above its fair market value of €288,639. The potential for appreciation in this suburban area is countered by the property being overpriced, limiting long-term capital growth prospects.
Tenant churn risk: With a tenant stability score of 65/100, there is an increased risk of tenant turnover, potentially leading to higher vacancy rates and increased costs associated with finding new tenants and property maintenance.