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.
3-bedroom, 2-bathroom apartment of 118 m², built in 2001, energy rating D. Located on rua Corujeiras, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment also includes a closed individual garage, providing secure vehicle storage rarely found in urban settings, enhancing its practicality for city living.
The valuation. The asking price of €310,000 sits below the fair value of €320,604, indicating the property is subpriced by €10,604 (3.4%). Buy-to-flip angle. A resale strategy could target a market price around €333,000, providing a potential profit margin after renovation costs. Buy-to-let angle. With a gross yield of 4%, estimated rental income at €1,033/month makes this property an attractive buy-and-hold option for long-term investments.
Fair value modelled at €320,604 from the area baseline, adjusted for condition and location. Asking €310,000 sits €10,604 (3.4%) below — the upside to fair value.
Asking €310,000 versus the rua Corujeiras area baseline of €292,522 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Corujeiras
Area baseline €292,522 + condition +€0 + location +€28,082 = modelled fair value of €320,604 (€2,717/m²), a €10,604 (3.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Corujeiras | Subject | €310,000 | €2,627 | — | 74 | 74 |
| Canelas · 4a7fd7 | Active | €289,000 | €2,580 | 1.8% | 74 | 71 |
| praceta Cooperativa o Telefone | Active | €245,000 | €2,188 | 16.7% | 76 | 73 |
| Mafamude e Vilar do Paraíso · 8933cc | Active | €299,000 | €2,694 | 2.5% | 70 | 71 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 14.9% | 75 | 68 |
| Median comp | €289,450 | €2,637 | 0.4% | 75 | 71 |
Long-term rental This property presents a solid opportunity for long-term rental, given its fair value of €320,604 which aligns closely with its asking price of €310,000, indicating a slight discount of 3.4%. The gross rental yield of 4% further supports its potential as a stable investment in the Vila Nova de Gaia area. Family rental The apartment's size and condition make it suitable for family rental, with a neighborhood rating of 74/100 suggesting a livable area with decent amenities and schooling options. The property’s fair value reinforces its attractiveness for families seeking longer-term housing solutions in a suburban environment. Buy-and-hold As a buy-and-hold investment, this property shows promise with a modest gap from its fair value, indicating a reasonable entry point for potential appreciation over time. The 4% gross yield in a growing suburb like Mafamude e Vilar do Paraíso provides a favorable environment for long-term capital growth.
Economic Vulnerability Given the economic stability score of 65/100, there is a heightened risk of local economic fluctuations impacting tenant income and retention rates.
