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.
0-bedroom, 1-bathroom mix_use_building of 74 m², built in 2024, energy rating A. Located on rua dos Polacos, 24, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This unit features an innovative open-plan design that enhances social interaction, accompanied by high-end finishes in the bathroom that ensure a luxurious ambiance.
The valuation. The asking price of €295,000 is significantly above the fair value of €114,338, making it overpriced by €180,662 (61.2%). This disparity indicates a poor investment relative to current market conditions.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Polacos, 24 | Subject | €295,000 | €3,986 | — | — | 74 |
| jardim do Morro | Active | €275,000 | €4,044 | 1.4% | 85 | 74 |
| rua Formosa, 183 | Active | €3,100,000 | €8,732 | 119.0% | 78 | 79 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 6032e3 | Active | €2,600,000 | €4,815 | 20.8% | 85 | 77 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 6032f2 | Active | €220,000 | €6,875 | 72.5% | — | 76 |
| Median comp | €1,437,500 | €5,845 | 46.6% | 85 | 77 |
Long-term rental The property, listed at €295,000, is significantly overpriced compared to its fair value of €114,338, presenting a substantial gap of 61.2%. With a gross yield of 0%, this investment may not generate any immediate rental income, making it an unsuitable choice for long-term rental strategies. Family rental Given the location's suburban nature and the neighborhood's rating of 74/100, the property fails to present a compelling case for family rental investments due to its overpriced status of €295,000. The property's zero condition rating further diminishes its attractiveness for families seeking a habitable environment. Buy-and-hold The buy-and-hold strategy appears unwise for this property, listed at €295,000, which is overpriced when compared to the fair value of €114,338. With no projected rental yield and a poor condition rating, the potential for long-term appreciation looks bleak. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Potential Market Downturn The economic and tenant stability scores of 75/100 suggest that while currently stable, any decline in the local economy could equally affect both tenant retention and rental income, increasing the risk of vacancies or lower demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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