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 89 m², built in 1990, energy rating C. Located on praceta Fernão do Pó, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a garage space and enjoys excellent brightness from its 5th-floor elevation, fostering a pleasant living environment despite needing some updates.
The valuation. The asking price of €250,000 sits €31,043 (12.4%) above the fair value of €218,957, indicating the property is overpriced. Buyers should approach with caution regarding potential long-term returns versus initial investment. Buy-to-flip angle. The property could be targeted for a resale strategy that involves light renovations to modernize kitchen and bathroom elements, increasing appeal to potential buyers. However, given its current pricing, a cautious approach is advisable before committing to any renovation expenses. Buy-to-let angle. The estimated rental income of €896 per month yields a gross return of 4.3%, indicating stable income potential if purchased at a more strategic price point. This suburban location provides suitable family rental options, but competition may influence rental yields.
Fair value modelled at €218,957 from the area baseline, adjusted for condition and location. Asking €250,000 sits €31,043 (12.4%) above — overpriced versus fair value.
Asking €250,000 versus the praceta Fernão do Pó area baseline of €220,631 (€2,479/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 (Condition 60 · Materials 58 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
praceta Fernão do Pó
Area baseline €220,631 + condition -€21,972 + location +€20,298 = modelled fair value of €218,957 (€2,460/m²), a €31,043 (12.4%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Fernão do Pó | Subject | €250,000 | €2,809 | — | 60 | 73 |
| rua 14 Outubro | Active | €277,000 | €2,716 | 3.3% | 60 | 68 |
| rua Joaquim Pereira Brandão | Active | €295,000 | €2,864 | 2.0% | 70 | 73 |
| rua 14 Outubro, 607 | Active | €280,000 | €2,887 | 2.8% | 65 | 77 |
| rua Consortes, 146 | Active | €269,000 | €3,241 | 15.4% | 73 | 62 |
| Median comp | €278,500 | €2,876 | 2.4% | 68 | 71 |
Long-term rental The 2-bed apartment in Santa Marinha e São Pedro da Afurada is currently overpriced at €250,000, which represents a 12.4% gap compared to its fair value of €218,957. With a gross yield of 4.3% and a neighbourhood score of 73/100, the investment may struggle to attract tenants despite adequate location indicators. Buy-and-hold Despite the apartment's decent condition score of 59/100, the current asking price reflects an overpriced opportunity that might not yield the anticipated return on investment. Holding onto the property in hopes of appreciation could lead to prolonged periods of financial strain given its current overvaluation. Family rental The substantial price premium on this apartment suggests it may not be an ideal choice for family rental, particularly given the modest gross yield of 4.3%. Families may be hesitant to invest in a property that is clearly overpriced relative to local market conditions, limiting its appeal in this segment.
Economic Vulnerability The property may experience potential financial instability given its economic stability score of 75/100, indicating some susceptibility to economic downturns. Tenant Vulnerability Although the tenant stability score is 80/100, which is relatively strong, any fluctuations in the local economy can influence tenant retention, increasing vacancy risk overall.
