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, 3-bathroom house of 227 m², built in 2002, energy rating C. Located on rua Morgadinha, 338, Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property boasts a modern open-plan kitchen with Siemens appliances and a heated pool with a salt system, perfect for year-round relaxation and entertaining. Location Benefits: Located just 15 minutes from Porto, with easy access to major transport routes.**
The valuation. The asking price of €549,900 is €62,558 (11.4%) below its fair value of €612,458, indicating that the property is underpriced. This presents a potential opportunity for investors seeking value in the market.
Fair value modelled at €612,458 from the area baseline, adjusted for condition and location. Asking €549,900 sits €62,558 (11.4%) below — the upside to fair value.
Asking €549,900 versus the rua Morgadinha, 338 area baseline of €604,728 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 76 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 55 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Morgadinha, 338
Area baseline €604,728 + condition +€15,961 + location +€33,764 = modelled fair value of €612,458 (€2,698/m²), a €62,558 (11.4%) gap versus the €549,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Morgadinha, 338 | Subject | €549,900 | €2,422 | — | 76 | 65 |
| Grijó e Sermonde · f3631c | Active | €439,000 | €2,311 | 4.6% | 80 | 72 |
| Grijó e Sermonde · 6d5552 | Active | €630,000 | €2,944 | 21.5% | 85 | 64 |
| Grijó e Sermonde · 735452 | Active | €439,000 | €1,219 | 49.7% | — | 68 |
| Grijó e Sermonde · d7a445 | Active | €219,000 | €3,129 | 29.1% | 76 | 69 |
| Median comp | €439,000 | €2,628 | 8.5% | 80 | 69 |
Long-term rental The property in Grijó e Sermonde is subvalued at a listing price of €549,900 compared to its fair value of €612,458, presenting an attractive opportunity for a long-term rental strategy. With a gross yield of 3.1% and a condition rating of 80/100, it can appeal to steady tenants in the suburban Porto area. Family rental At a listing price of €549,900, this 3-bed house is priced attractively against its fair value of €612,458, making it an ideal option for family rentals. The neighbourhood's moderate score of 65/100 suggests that it is suitable for families seeking a suburban lifestyle close to Porto. Buy-and-hold Given its listing price of €549,900, significantly below the fair value of €612,458, this property in Grijó e Sermonde is well-positioned for a buy-and-hold strategy. The overall condition score of 80/100 indicates a strong potential for future appreciation as the area develops further.
Moderate Economic Risk With both economic and tenant stability scores at 65/100, there is a risk of fluctuations in rental income and property value due to potential local economic instability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
