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, 1-bathroom apartment of 91 m² on the 4th floor, built in 1995, energy rating C. Located on travessa Capitão Ribeiro, 24, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Highlight: This apartment offers a view of the Serra do Pilar and is strategically located just 3 minutes from the upcoming Arrábida metro station, enhancing accessibility and connectivity.
The valuation. The asking price of €270,000 sits €26,514 (10.9%) above the fair value of €243,486. This property is considered overpriced based on current market conditions.
Fair value modelled at €243,486 from 6 comparable sales in the area. Asking €270,000 sits €26,514 (10.9%) above — overpriced versus fair value.
Asking €270,000 versus the travessa Capitão Ribeiro, 24 area baseline of €191,187 (€2,101/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €191,187, adjusted for condition and micro-location, gives a modelled fair value of €243,486 (€2,676/m²), a €26,514 (10.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Capitão Ribeiro, 24 | Subject | €270,000 | €2,967 | — | 72 | 73 |
| rua Joaquim Pereira Brandão | Active | €280,000 | €2,979 | 0.4% | 72 | 74 |
| Canidelo · 90d8ca | Active | €262,000 | €2,519 | 15.1% | 72 | 68 |
| travessa Tenente Valadim S / N | Active | €275,000 | €2,183 | 26.4% | 75 | 80 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,864 | 3.5% | 80 | 69 |
| Median comp | €277,500 | €2,692 | 9.3% | 74 | 72 |
Long-term rental Given the property's gross yield of 4.2% and current listing of €270,000, this apartment appears overpriced compared to its fair value of €243,486, resulting in a significant price gap of 10.9%. The moderate condition rating of 76/100 suggests potential ongoing maintenance costs, diminishing the attractiveness for long-term rental investment. Buy-and-hold While the Porto metropolitan area can provide economic stability, this particular property is overpriced at €270,000 when its fair value stands at €243,486, indicating less room for appreciation. Holding an asset that is 10.9% above its fair value may lead to suboptimal returns in the long run. Family rental Though suitable for families given the neighborhood's decent rating of 73/100, the apartment's current price of €270,000 is overpriced relative to its fair value of €243,486. This discrepancy suggests that future rental income for family occupants may not justify the initial investment cost in such a competitive market. Short-term rental Despite the location's potential, the apartment is overpriced at €270,000, significantly exceeding its fair value of €243,486 by 10.9%. This high price combined with the property's current yield does not support a viable short-term rental strategy. Luxury market The apartment's current listing price of €270,000 is not justifiable when compared to its fair value of €243,486, making it overpriced by 10.9%. Given its rating and condition, this property does not align with luxury market expectations, further emphasizing its financial misalignment.
Tenant turnover risk High tenant turnover is a concern due to the tenant stability score of 65/100, indicating potential challenges in maintaining consistent rental income.
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