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, 2-bathroom apartment of 45 m², built in 1930, energy rating A. Located on rua Vera Cruz, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The development preserves the historic building's original facade while providing contemporary interiors, and benefits from proximity to a future metro station, enhancing urban mobility options. Valuation Verdict: This unique rehabilitation project presents an excellent opportunity in an area with high appreciation potential and strong residential demand.
The valuation. The asking price of €210,250 is significantly above fair value, priced at €92,326 (43.9% over). This property is considered overpriced based on current market assessments.
Fair value modelled at €117,924 from the area baseline, adjusted for condition and location. Asking €210,250 sits €92,326 (43.9%) above — overpriced versus fair value.
Asking €210,250 versus the rua Vera Cruz area baseline of €119,880 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Vera Cruz
Area baseline €119,880 + condition -€2,109 + location +€8,478 = modelled fair value of €117,924 (€2,621/m²), a €92,326 (43.9%) gap versus the €210,250 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vera Cruz | Subject | €210,250 | €4,672 | — | 70 | 69 |
| Santa Marinha e São Pedro da Afurada · 1e6523 | Active | €220,000 | €5,946 | 27.3% | 73 | 80 |
| rua dos Vanzeleres, 107 | Active | €390,000 | €6,500 | 39.1% | 80 | 72 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · b7b515 | Active | €390,000 | €6,500 | 39.1% | 80 | 73 |
| Oliveira do Douro · 937176 | Active | €470,000 | €4,947 | 5.9% | — | 70 |
| Median comp | €390,000 | €6,223 | 33.2% | 80 | 73 |
Long-term rental The 1-bedroom apartment in Santa Marinha e São Pedro da Afurada is overpriced by 43.9% compared to its fair market value of €117,924, making this investment less attractive for long-term rental. With a gross yield of 4.3%, this property does not justify the elevated price point given its mediocre condition and neighborhood score. Buy-and-hold Investing in this 1-bed apartment for a buy-and-hold strategy is not advisable as it is overpriced, reflecting a significant gap from the fair value of €117,924. The 4.3% gross yield is below the potential returns typically sought in healthier market conditions, highlighting the risk of long-term holding at this price. Family rental The current valuation of €210,250 makes the 1-bedroom apartment in Santa Marinha e São Pedro da Afurada less suitable for a family rental strategy, given its significant pricing above fair market value. While the gross yield of 4.3% may attract some interest, the property’s condition and neighborhood score diminish its appeal for families seeking quality living arrangements.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturn, which could affect rental income and property value.
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