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 4th floor, built in 1998, energy rating C. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment includes a dedicated garage space for two vehicles, enhancing convenience in a busy area with excellent access to local amenities.
The valuation. The asking price of €319,000 sits €49,897 above the fair value of €269,103, making it overpriced by 15.6%. Such a valuation may deter potential buyers looking for a more equitable market entry. Buy-to-flip angle. A buy-to-flip strategy could generate a quick profit through renovations, aimed at repositioning the property within a competitive market, but current pricing may limit upside potential. Buy-to-let angle. The gross yield of 3.8%, translating to approximately €1,010 per month, indicates a modest rental income potential, suitable for long-term holding within a suburban area with steady demand.
Fair value modelled at €269,103 from the area baseline, adjusted for condition and location. Asking €319,000 sits €49,897 (15.6%) above — overpriced versus fair value.
Asking €319,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €258,408 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 65 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto
Area baseline €258,408 + condition +€6,517 + location +€22,123 = modelled fair value of €269,103 (€2,774/m²), a €49,897 (15.6%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · be94c5 | Subject | €319,000 | €3,289 | — | 75 | 73 |
| rua da Bélgica | Active | €380,000 | €3,016 | 8.3% | 74 | 74 |
| Canidelo · 001c12 | Active | €350,000 | €3,500 | 6.4% | 74 | 69 |
| praceta António Coelho Figueiredo, 58 | Active | €480,000 | €2,553 | 22.4% | 75 | 73 |
| rua de Ramalho Ortigão, 130 | Active | €250,000 | €3,731 | 13.5% | 75 | 74 |
| Median comp | €365,000 | €3,258 | 0.9% | 75 | 74 |
Long-term rental The apartment's listing price of €319,000 exceeds its fair value of €269,103, indicating a 15.6% gap that makes it less attractive for long-term rental investments. With a gross yield of only 3.8%, the potential return is overshadowed by the property being overpriced. Family rental While the property is located in a generally safe suburban area of Vila Nova de Gaia, its €319,000 listing price is inconsistent with the fair value of €269,103, highlighting an overpriced status. The family rental market may not justify this high investment given the low gross yield of 3.8% and the competition from reasonably priced alternatives in the area. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is compromised by the fact that it is priced at €319,000, which is well above the fair valuation of €269,103, suggesting it is overpriced. The anticipated growth in value may not be sufficient to offset the initial overprice, particularly with a yield of just 3.8% and a condition rating of 79/100 suggesting limited upside potential.
Tenant turnover risk High tenant turnover can pose a risk, especially with a tenant stability score of 70/100, indicating potential challenges in maintaining long-term rentals and consistent cash flow.
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