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.
1-bedroom, 1-bathroom apartment of 62 m², built in 1990, energy rating D. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a panoramic terrace that wraps around two fronts, offering unobstructed views of the upcoming City Park of Vila Nova de Gaia, enhancing leisure and appreciation potential.
The valuation. The asking price of €240,000 sits significantly above the fair value of €161,374, representing an overvaluation of €78,626 (32.8%). This places the property firmly in the overpriced category.
Fair value modelled at €161,374 from the area baseline, adjusted for condition and location. Asking €240,000 sits €78,626 (32.8%) above — overpriced versus fair value.
Asking €240,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €162,936 (€2,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 68 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto
Area baseline €162,936 + condition -€3,391 + location +€11,066 = modelled fair value of €161,374 (€2,603/m²), a €78,626 (32.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 261f00 | Subject | €240,000 | €3,871 | — | 68 | 68 |
| rua Sobreiro | Active | €160,000 | €2,667 | 31.1% | 65 | 73 |
| rua Diogo de Silves, 77 | Active | €245,000 | €3,356 | 13.3% | 74 | 66 |
| rua de Sacadura Cabral, 51 | Active | €215,000 | €3,839 | 0.8% | 75 | 72 |
| rua Aníbal Cunha, 84 | Active | €239,000 | €4,509 | 16.5% | 68 | 82 |
| Median comp | €227,000 | €3,598 | 7.1% | 71 | 73 |
Long-term rental The property offers a gross yield of 3.6%, which is relatively low given the current market conditions. With a fair value of €161,374, the listing price reflects a significant overpricing of 32.8%, making long-term rental less attractive for investors seeking reasonable returns. Family rental This apartment is positioned in a suburban area, benefiting from lower crime rates; however, the school quality is only average, which may limit its appeal to families. Despite the neighborhood’s stability, the significant gap from fair value indicates that this property is overpriced for family rental purposes. Buy-and-hold Given the property’s fair value of €161,374, investors looking to buy-and-hold may face challenges due to its current listing price of €240,000, which is considerably above market value. The risk associated with holding an overpriced asset could outweigh potential benefits, particularly with modest yield expectations in a competitive rental market.
Economic Dependence Risk The economic stability score of 70/100 suggests potential vulnerabilities, particularly if local market conditions worsen, impacting tenant stability rated at 65/100, which may lead to higher vacancy rates or decreased rental income.