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 140 m², built in 1992, energy rating C. Located on praceta José Pinto Correia, 9, Vilar de Andorinho parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts an independent laundry room and a practical pantry, optimizing daily organization and providing additional storage space directly within the living environment.
The valuation. The asking price of €260,000 sits €7,624 (2.9%) below the fair value of €267,624, suggesting that this property is subvalued and represents a valuable opportunity in the current market. Buy-to-flip angle. The property can be targeted for a quick resale as renovations are limited; with minor updates and staging, it could attract buyers seeking modern family accommodation in a well-located area. Buy-to-let angle. With an estimated rental income of €975/month, the property offers a gross yield of 4.5%, making it a viable option for long-term investment in the competitive rental market of the suburban Porto area.
Fair value modelled at €267,624 from the area baseline, adjusted for condition and location. Asking €260,000 sits €7,624 (2.9%) below — the upside to fair value.
Asking €260,000 versus the praceta José Pinto Correia, 9 area baseline of €310,660 (€2,219/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 70 · Materials 69 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 60 · Economic 80 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
praceta José Pinto Correia, 9
Area baseline €310,660 + condition -€11,375 + location +€18,739 = modelled fair value of €267,624 (€1,912/m²), a €7,624 (2.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta José Pinto Correia, 9 | Subject | €260,000 | €1,857 | — | 70 | 68 |
| avenida António Coelho Moreira | Active | €379,000 | €2,269 | 22.2% | 73 | 71 |
| rua Sophia Mello Breyner | Active | €279,900 | €2,477 | 33.4% | 74 | 74 |
| Mafamude e Vilar do Paraíso · 00172e | Active | €264,900 | €2,136 | 15.0% | 70 | 74 |
| praceta Canelas de Baixo | Active | €295,000 | €1,844 | 0.7% | 70 | 64 |
| Median comp | €287,450 | €2,203 | 18.6% | 72 | 73 |
Long-term rental The property in Vilar de Andorinho presents a strong opportunity for long-term rental given its fair value of €267,624 compared to the listing price of €260,000, indicating it is currently subvalued by 2.9%. With a gross yield of 4.5% and adequate neighborhood amenities, it promises consistent rental income and solid tenant retention. Family rental This 3-bed apartment is well-suited for family rentals, as its spacious layout and suburban setting provide an attractive living option for families wanting access to Porto's amenities while enjoying a quieter environment. Priced below fair value, it holds promise for strong demand from tenants seeking a long-term residence in a comfortable neighborhood. Buy-and-hold Investors looking for a buy-and-hold strategy will find this property advantageous, as it is priced below its fair value, presenting long-term capital appreciation potential. With a decent condition score of 70 and an attractive yield of 4.5%, it supports stable returns while the area continues to develop economically and socially.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of higher turnover rates, which could lead to increased vacancy costs and instability in rental income.
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