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 97 m² on the 2nd floor, energy rating D. Located on rua 14 Outubro, 980, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment features a balcony perfect for leisure moments and is located on the 2nd floor with convenient elevator access.
The valuation. The asking price of €330,000 sits €61,340 (18.6%) above the fair value of €268,660, indicating that the property is overpriced. This discrepancy suggests potential buyers should negotiate aggressively or seek alternatives.
Fair value modelled at €293,742 from 6 comparable sales in the area. Asking €310,000 sits €16,258 (5.5%) above — overpriced versus fair value.
Asking €310,000 versus the rua 14 Outubro, 980 area baseline of €225,623 (€2,326/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €225,623, adjusted for condition and micro-location, gives a modelled fair value of €293,742 (€3,028/m²), a €16,258 (5.5%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 14 Outubro, 980 | Subject | €310,000 | €3,196 | — | 77 | 79 |
| rua Aires de Ornelas | Active | €329,500 | €3,295 | 3.1% | 70 | 69 |
| praceta Cooperativa o Telefone | Active | €245,000 | €2,188 | 31.6% | 76 | 73 |
| rua Aires de Ornelas | Active | €329,500 | €3,295 | 3.1% | 70 | 75 |
| rua Professor Urbano de Moura | Active | €395,000 | €2,484 | 22.3% | 73 | 75 |
| Median comp | €329,500 | €2,890 | 9.6% | 72 | 74 |
Long-term rental The property, listed at €330,000, is overpriced compared to its fair value of €268,660, which presents a significant gap of 18.6%. Given the gross yield of 3.8%, this investment may not provide an adequate return over the long term. Family rental While the apartment is situated in a suburban area that is family-friendly with a neighbourhood rating of 79/100, its price above fair value makes it less appealing for long-term family rental purposes. The combination of decent condition and local amenities may not justify the heightened price, impacting rental demand. Buy-and-hold Considering the property is priced at €330,000 and exceeds the fair value estimate by 18.6%, this buy-and-hold strategy faces significant risk of underperformance. Even with the positive aspects of the location, the high acquisition cost could deter future appreciation potential.
Economic downturn risk While both the economic stability and tenant stability scores are solid at 80/100, any significant economic downturn could adversely affect tenant retention and rental income, leading to potential financial strain.
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