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 94 m² on the 3rd floor, built in 1987, energy rating D. Located on avenida João de Deus, 48, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a private 9.3 m² outdoor terrace, ideal for enjoying the mild climate, and is located on the vibrant João de Deus Street.
The valuation. The asking price of €450,000 exceeds the fair value of €260,594 by €189,406, representing a significant 42.1% overpricing. This valuation indicates that the property is not a sound investment at its current asking price. Buy-to-flip angle. A buy-to-flip strategy would face challenges due to the high asking price relative to fair value. A resale might require substantial market appreciation to yield a profit, making this approach less viable. Buy-to-let angle. The gross yield of 3.3% based on an estimated rental income of €1,238/month suggests limited cash flow potential. A long-term rental strategy could attract families, but the high initial investment limits profitability.
Fair value modelled at €260,594 from the area baseline, adjusted for condition and location. Asking €450,000 sits €189,406 (42.1%) above — overpriced versus fair value.
Asking €450,000 versus the avenida João de Deus, 48 area baseline of €250,416 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida João de Deus, 48
Area baseline €250,416 + condition +€1,469 + location +€26,099 = modelled fair value of €260,594 (€2,772/m²), a €189,406 (42.1%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida João de Deus, 48 | Subject | €450,000 | €4,787 | — | 75 | 78 |
| Oliveira do Douro · 4d4222 | Active | €345,000 | €2,974 | 37.9% | 74 | 75 |
| rua de Santa Catarina, 623 | Active | €490,000 | €5,632 | 17.7% | 78 | 70 |
| rua de Santos Pousada | Active | €429,000 | €5,877 | 22.8% | 72 | 81 |
| parque da Lavandeira | Active | €360,000 | €4,091 | 14.5% | 75 | 65 |
| Median comp | €394,500 | €4,862 | 1.6% | 75 | 73 |
Long-term rental This property presents a significant gap of 42.1% from its fair value, indicating it is overpriced at €450,000. With a gross yield of only 3.3%, it may not produce the desired returns for long-term investment strategies. Family rental The pricing of the apartment at €450,000 makes it less attractive as a family rental investment, especially given the fair value of €260,594. The yield of 3.3% does not support robust profitability metrics for families seeking affordable housing options. Buy-and-hold Investing in this 3-bed apartment at its current price of €450,000 would be a misstep, as it is significantly overpriced compared to the fair value. The long-term hold strategy may expose investors to potential losses, given the weak gross yield of 3.3%.
Potential for Economic Downturn The economic stability score of 75/100 indicates a moderate risk, suggesting that any negative economic shifts could impact tenant retention and property value.
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
