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 97 m² on the 4th floor, built in 2006, energy rating D. Located on rua Doutor Narciso Rodrigues, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a generous 12 m² interior room, perfect for a home office, and boasts a west-facing balcony with stunning city views. Location Benefits: Situated just 5 minutes from Gaia Shopping, it enjoys excellent public transport access, including the future metro line. Inclusions: The purchase includes a spacious garage accommodating two cars.
The valuation. The asking price of €319,000 exceeds the fair value of €260,994 by €58,006 (18.2%), classifying the property as overpriced. This discrepancy may pose risks for potential buyers aiming for long-term investment returns.
Fair value modelled at €260,994 from the area baseline, adjusted for condition and location. Asking €319,000 sits €58,006 (18.2%) above — overpriced versus fair value.
Asking €319,000 versus the rua Doutor Narciso Rodrigues area baseline of €258,408 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 79 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 65 · Amenities 60 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Narciso Rodrigues
Area baseline €258,408 + condition +€10,913 + location +€9,619 = modelled fair value of €260,994 (€2,691/m²), a €58,006 (18.2%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Narciso Rodrigues | Subject | €319,000 | €3,289 | — | 79 | 60 |
| rua António Luis Gomes, 112 | Active | €369,000 | €2,774 | 15.6% | 80 | 64 |
| rua do Agueiro, 96 | Active | €410,000 | €3,727 | 13.3% | 75 | 73 |
| rua Manuel Salgueiral | Active | €325,000 | €2,621 | 20.3% | 78 | 73 |
| rua Machado dos Santos, 330 | Active | €289,900 | €3,020 | 8.2% | 75 | 68 |
| Median comp | €347,000 | €2,897 | 11.9% | 77 | 71 |
Long-term rental This property presents a yield of 3.5%, which is relatively modest when compared to the market average, indicating that potential returns may not fully justify the current asking price. The 18.2% gap from fair value suggests that investors might face challenges in achieving favorable long-term capital appreciation. Family rental While the property could appeal to families given its size and amenities, the neighbourhood rating of 60/100 may limit its desirability, particularly in competing with better-rated options. With a listing price of €319,000, which is above fair value, families seeking long-term rentals may find better alternatives in the vicinity. Buy-and-hold Investing in this property for a buy-and-hold strategy may not be advisable due to its fair value assessment of €260,994, which presents an 18.2% premium on the current listing price. Given the residential conditions and modest economic indicators of the neighbourhood, the likelihood of significant appreciation over time is uncertain, compromising the long-term investment outlook.
Tenant turnover risk The property has a low tenant stability score of 55/100, indicating a potential risk of higher turnover rates and associated costs.
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