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 83 m², built in 1989. Located on rua Pádua Correia, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a pantry and storage area, enhancing its functionality for daily living and organization in a highly sought-after location in Vila Nova de Gaia.
The valuation. The asking price of €249,500 is significantly above the fair value of €207,438, indicating an overpriced status with a discrepancy of €42,062 (16.9%). This valuation suggests caution for prospective buyers.
Fair value modelled at €207,438 from the area baseline, adjusted for condition and location. Asking €249,500 sits €42,062 (16.9%) above — overpriced versus fair value.
Asking €249,500 versus the rua Pádua Correia area baseline of €218,124 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 67 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Pádua Correia
Area baseline €218,124 + condition -€17,248 + location +€18,930 = modelled fair value of €207,438 (€2,499/m²), a €42,062 (16.9%) gap versus the €249,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pádua Correia | Subject | €249,500 | €3,006 | — | 67 | 73 |
| avenida da República | Active | €260,000 | €3,250 | 8.1% | 68 | 71 |
| Mafamude e Vilar do Paraíso · ba5ba1 | Active | €335,000 | €2,839 | 5.6% | 72 | 80 |
| Mafamude e Vilar do Paraíso · 99f3ed | Active | €315,000 | €3,119 | 3.8% | 70 | 72 |
| Mafamude e Vilar do Paraíso · 49b7c6 | Active | €190,000 | €3,167 | 5.3% | 65 | 72 |
| Median comp | €287,500 | €3,143 | 4.6% | 69 | 72 |
Long-term rental The current listing price of €249,500 is significantly above the fair value of €207,438, resulting in a 16.9% gap that suggests the property is overpriced. With a gross yield of 4.7%, the long-term rental potential may not justify the premium price relative to expected returns. Family rental While the location benefits from proximity to Porto and a decent neighborhood score of 73/100, the property’s listing price at €249,500 does not align with its fair value of €207,438, indicating it is overpriced. Families seeking rental properties may find this investment less appealing due to the diminished profitability from the high purchase price. Buy-and-hold The buy-and-hold strategy may seem attractive given the overall safe environment of Greater Porto, but the property’s current price of €249,500 far exceeds its fair value of €207,438, suggesting it is overpriced. Investors may face challenges holding this asset, as the initial cost could hinder long-term appreciation and rental yield viability.
Economic Decline Risk The economic stability score of 75 may suggest a moderate risk of economic downturn, which could affect tenant demand or rental rates.
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