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, 3-bathroom apartment of 115 m², built in 2000, energy rating C. Located on rua Manuel Moreira Barros, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment features a fireplace in the living room, perfect for creating a cozy atmosphere during cooler months, and benefits from extensive green spaces within a secure gated community.
The valuation. The asking price of €390,000 is significantly above the fair value of €176,547, representing a staggering €213,453 (54.7%) premium. This property is overpriced, presenting a challenge for any potential investor. Buy-to-flip angle. With extensive renovations required (0/100 condition), the buy-to-flip strategy would necessitate considerable investment and a calculated resale plan targeting family buyers. However, the initial high asking price complicates achieving desirable margins. Buy-to-let angle. The rental income strategy forecasted a gross yield of approximately 4%, generating an estimated monthly income of €1,300. While viable, the substantial upfront cost may hinder long-term investment viability for prospective landlords.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Moreira Barros | Subject | €390,000 | €3,391 | — | — | 73 |
| rua Pintor Amadeu Sousa Cardoso, 96 | Active | €850,000 | €4,722 | 39.2% | 73 | 71 |
| rua do Fojo | Active | €354,900 | €2,414 | 28.8% | 75 | 76 |
| Mafamude e Vilar do Paraíso · ba577b | Active | €460,000 | €3,067 | 9.6% | 76 | 70 |
| Aldoar, Foz Do Douro e Nevogilde · 001a96 | Active | €596,000 | €3,311 | 2.4% | 64 | 81 |
| Median comp | €528,000 | €3,189 | 6.0% | 74 | 74 |
Long-term rental This property is overpriced at €390,000, significantly above its fair value of €176,547, resulting in an unattractive gap of 54.7%. With a gross yield of only 4%, the investment lacks the financial viability typically sought in long-term rental strategies. Family rental The property, listed at €390,000, is overpriced compared to its fair value of €176,547, indicating a 54.7% premium. Families may be deterred by the condition-rated 0/100, posing additional challenges in attracting long-term tenants in this suburban market. Buy-and-hold At €390,000, this property is overpriced relative to its fair value of €176,547, leading to a concerning 54.7% discrepancy. The modest gross yield of 4% further diminishes its attractiveness as a buy-and-hold investment, particularly given the poor condition rating. Short-term vacation rental The property is overpriced at €390,000, far exceeding its fair valuation of €176,547, leading to a substantial gap of 54.7%. Given the suburban context and unfavorable condition, it does not present a viable option for short-term vacation rentals. Luxury market Priced at €390,000, this property is overpriced relative to its fair value of €176,547, which indicates a 54.7% premium. With a low condition score and suburban setting, it fails to meet the standards required for the luxury market.
Economic Diversification Risk There is a potential risk due to the moderate economic stability score of 70/100, indicating that the local economy may be susceptible to downturns that could affect rental income. Tenant Turnover Risk The tenant stability score of 70/100 suggests a possibility of higher turnover rates, which could lead to increased vacancy and associated costs.
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