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 penthouse of 215 m² on the 8th floor, built in 1991, energy rating D. Located on rua 14 Outubro, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The penthouse boasts two expansive terraces totaling approximately 50 m², strategically positioned to provide stunning panoramic views of the Douro River and the cityscape of Vila Nova de Gaia, enhancing outdoor living and leisure.
The valuation. The asking price of €550,000 is €39,850 (7.8%) above the fair value of €510,150, indicating that the property is fairly valued. Investors should consider this alignment with market conditions before proceeding.
Fair value modelled at €510,150 from 6 comparable sales in the area. Asking €550,000 sits €39,850 (7.8%) above — overpriced versus fair value.
Asking €550,000 versus the rua 14 Outubro area baseline of €399,766 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €399,766, adjusted for condition and micro-location, gives a modelled fair value of €510,150 (€2,373/m²), a €39,850 (7.8%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 14 Outubro | Subject | €550,000 | €2,558 | — | 72 | 71 |
| Mafamude e Vilar do Paraíso · 9386aa | Active | €390,000 | €2,393 | 6.5% | 75 | 72 |
| rua Manuel da Cunha Moreira | Active | €399,000 | €2,046 | 20.0% | 75 | 69 |
| rua José de Almada Negreiros, 109 | Active | €260,000 | €2,407 | 5.9% | 70 | 61 |
| Santa Marinha e São Pedro da Afurada · 9387a9 | Active | €335,000 | €2,147 | 16.1% | 70 | 70 |
| Median comp | €362,500 | €2,270 | 11.3% | 73 | 70 |
Long-term rental The property has a gross yield of 4%, which indicates a steady income potential in the long-term rental market. Its fair market valuation suggests stability, albeit with modest returns compared to other investment opportunities in the area. Buy-and-hold With a fair value of €510,150, the property maintains a slight markup over its current listing price, signaling a stable investment for a buy-and-hold strategy. Its strategic location near Porto offers economic stability, which may appreciate in value in the future. Family rental The property is well-suited for family rentals given its size of 215m² and reasonable condition rating of 75/100. While it is in a suburban area with moderate urban influence, its proximity to Porto enhances its appeal to families seeking a comfortable living environment. Not ideal for The property is not suitable for short-term vacation rentals due to its suburban location and average neighbourhood dynamics. Additionally, it may not appeal to the student housing market or luxury buyers looking for premium amenities or services.
Moderate Economic Fluctuation Risk The economic stability score of 65/100 indicates potential volatility, which may impact tenant demand and rental income stability.
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