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, 2-bathroom apartment of 80 m², energy rating D. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: This apartment boasts dual orientations for optimal natural light and ventilation, enhancing comfort throughout the day. Proximity to Transport: Located just a 10-minute walk from Devesas Train Station for convenient commuting.
The valuation. The asking price of €269,000 is significantly above the fair value of €121,229, exceeding it by €147,771 (54.9%). This property is deemed overpriced based on current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 6c77d0 | Subject | €269,000 | €3,363 | — | — | 71 |
| Mafamude e Vilar do Paraíso · ba5ba1 | Active | €335,000 | €2,839 | 15.6% | 72 | 80 |
| Mafamude e Vilar do Paraíso · f3642e | Active | €295,000 | €3,278 | 2.5% | 74 | 71 |
| avenida da República | Active | €289,500 | €2,632 | 21.7% | 70 | 77 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 0dceea | Active | €440,000 | €3,826 | 13.8% | 65 | 79 |
| Median comp | €315,000 | €3,059 | 9.0% | 71 | 78 |
Long-term rental The current listing price of €269,000 significantly exceeds the fair value of €121,229, indicating that this property is overpriced by 54.9%. Given the 4% gross yield and a decent neighbourhood rating of 71/100, the potential for profitability in a long-term rental scenario is hampered by the elevated purchase cost. Buy-and-hold With a listing price far above the fair value, this property is overpriced and poses risks for buy-and-hold investors. While the area benefits from stable housing market conditions and good connectivity to Porto, the high initial investment may overshadow potential long-term appreciation. Family rental The €269,000 listing price reveals a considerable gap from the fair value, making it overpriced and unsuitable as a family rental investment. Even though the area has a low crime rate and good amenities, the financial return may not justify the inflated acquisition cost.
Economic and Tenant Risk With both economic and tenant stability scores at 70/100, there is an inherent risk of fluctuating tenant demand which may lead to increased vacancies and lower rental income potential.
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