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 113 m², energy rating C. Located on rua do Agueiro, 294, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features a dedicated pantry for additional storage, enhancing the functionality of its spacious layout while maintaining a clean and organized kitchen environment.
The valuation. The asking price of €345,000 sits €33,146 (9.6%) above the fair value of €311,854, indicating that the property is overpriced. This suggests limited potential for appreciation in the near future.
Fair value modelled at €311,854 from the area baseline, adjusted for condition and location. Asking €345,000 sits €33,146 (9.6%) above — overpriced versus fair value.
Asking €345,000 versus the rua do Agueiro, 294 area baseline of €280,127 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua do Agueiro, 294
Area baseline €280,127 + condition +€353 + location +€31,374 = modelled fair value of €311,854 (€2,760/m²), a €33,146 (9.6%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Agueiro, 294 | Subject | €345,000 | €3,053 | — | 70 | 78 |
| rua Sophia Mello Breyner, 46 | Active | €320,000 | €2,645 | 13.4% | 72 | 74 |
| rua Oliveiras | Active | €350,000 | €2,518 | 17.5% | 72 | 78 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,739 | 10.3% | 72 | 73 |
| rua Palmeira, 193 | Active | €265,000 | €2,650 | 13.2% | 74 | 67 |
| Median comp | €317,500 | €2,648 | 13.3% | 72 | 74 |
Long-term rental This 2-bed apartment in Mafamude e Vilar do Paraíso, with a gross yield of 3.8%, may not achieve significant rental income relative to its price tag of €345,000, as it is overpriced by 9.6%. Furthermore, while the area boasts accessibility and urban amenities, its current condition rating of 75/100 indicates potential renovation costs that could further detract from profitability. Buy-and-hold Investing in this apartment may be challenging as it is priced above fair value at €345,000, suggesting limited capital appreciation potential in the long run. Given the current market environment, buyers may struggle to see adequate returns relative to the investment, with growth forecasts not compelling enough to warrant the higher purchase price. Family rental With its suburban setting and proximity to Porto, this property offers some value for family rentals; however, its price at €345,000 is overvalued compared to the fair value of €311,854. Families seeking rental options may be deterred by the elevated cost in conjunction with average condition and tenant ratings, limiting rental demand. Not ideal for Short-term vacation rental, Student housing, Luxury market
Economic vulnerability With an economic stability score of 80/100, there is potential risk due to possible fluctuations in the local economy that could impact rental income. Tenant turnover risk The tenant stability score of 75/100 indicates that there may be a moderate level of tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.