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.
4-bedroom, 2-bathroom apartment of 121 m², built in 1980, energy rating C. Located on estrada Via Avenida Engº Edgar Cardoso, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a sunroom that enhances natural light and has potential for conversion, along with a location poised for future urban development with the nearby subway station.
The valuation. The asking price of €320,000 is €20,230 (6.3%) above the fair value of €299,770, indicating the property is overpriced. This discrepancy suggests a need for careful consideration before proceeding with any offers.
Fair value modelled at €299,770 from the area baseline, adjusted for condition and location. Asking €320,000 sits €20,230 (6.3%) above — overpriced versus fair value.
Asking €320,000 versus the estrada Via Avenida Engº Edgar Cardoso area baseline of €322,344 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 60 · Materials 55 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada Via Avenida Engº Edgar Cardoso
Area baseline €322,344 + condition -€31,384 + location +€31,196 = modelled fair value of €299,770 (€2,477/m²), a €20,230 (6.3%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Via Avenida Engº Edgar Cardoso | Subject | €320,000 | €2,645 | — | 60 | 76 |
| rua Dom Agostinho de Jesus e Sousa, 30 | Active | €325,000 | €3,421 | 29.4% | — | 74 |
| Canidelo · 090070 | Active | €265,000 | €2,650 | 0.2% | 68 | 73 |
| calçada da Póvoa | Active | €390,000 | €3,786 | 43.2% | 60 | 80 |
| Canidelo · 0dce0d | Active | €350,000 | €2,991 | 13.1% | 54 | 73 |
| Median comp | €337,500 | €3,206 | 21.2% | 60 | 74 |
Long-term rental The property presents a yield of 5.9%, which is decent but compromised by a current listing that exceeds fair value by 6.3%. Investors should be cautious as the premium price may limit profitability over time. Buy-and-hold While the property could provide rental income, the gap from fair value signals that the investment is not positioned for immediate growth, given its overpriced nature. Long-term appreciation may not compensate for the initial overvaluation, risking overall returns. Family rental The property is situated in a respectable neighborhood with a score of 76/100, appealing for family tenants; however, its price tag of €320,000 is above the fair value. Thus, potential cash flow may be hindered by the pricing misalignment, making it less attractive for families seeking value. Not ideal for: Luxury market, Short-term vacation rental This property does not align well with luxury market expectations due to its overall condition score of 58/100. Furthermore, the local rental market for short-term vacation stays is likely to be impacted by the property’s overpricing and suboptimal yield potential.
Tenant turnover risk The tenant stability score of 70 indicates a moderate risk of turnover, which could lead to higher vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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