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, 1-bathroom apartment of 67 m². Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: Located within minutes of both the iconic Historic Zone and Gaia's stunning beaches, this apartment offers a unique blend of urban convenience and coastal leisure opportunities.
The valuation. The asking price of €225,000 is significantly above the fair value of €185,883, reflecting an overprice of €39,117 (17.4%). This disparity indicates a need for sellers to reconsider their pricing strategy to align with market expectations.
Fair value modelled at €185,883 from the area baseline, adjusted for condition and location. Asking €225,000 sits €39,117 (17.4%) above — overpriced versus fair value.
Asking €225,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €166,093 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 85 · Economic 80 · Tenant Quality 70). 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 €166,093 + condition +€523 + location +€19,267 = modelled fair value of €185,883 (€2,774/m²), a €39,117 (17.4%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 4a7d11 | Subject | €225,000 | €3,358 | — | 74 | 79 |
| rua Parque da República, 13 | Active | €285,000 | €3,167 | 5.7% | 76 | 71 |
| rua Fonte Lodosa | Active | €275,000 | €2,895 | 13.8% | 76 | 74 |
| rua de Alfredo Keil | Active | €430,000 | €4,057 | 20.8% | 75 | 77 |
| rua de Santa Catarina | Active | €320,000 | €4,444 | 32.3% | 75 | 73 |
| Median comp | €302,500 | €3,612 | 7.6% | 76 | 74 |
Long-term rental The property is overpriced with a fair value of €185,883 compared to a listing price of €225,000, indicating a 17.4% gap. Despite a decent gross yield of 4.5%, the investment is risky due to the inflated price relative to its fair value. Buy-and-hold At €225,000, this property presents an overpriced investment opportunity compared to its assessed fair value of €185,883, revealing a notable 17.4% discrepancy. While the neighbourhood offers good quality and urban amenities, the price does not support a viable long-term holding strategy. Family rental With a listing price of €225,000 exceeding its fair value of €185,883 by 17.4%, this apartment is overpriced for a family rental strategy. Even though the neighbourhood boasts a commendable score of 79/100, the high price may deter potential long-term family tenants, affecting cash flow negatively.
Tenant turnover risk With a tenant stability score of 70/100, there is a potential risk of increased tenant turnover, which could lead to elevated vacancy rates and associated costs in the range of 30% annually based on industry averages.
