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 123 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 boasts a unique interior room of approximately 12 m² that adds valuable versatility for use as a home office or guest space, complemented by stunning city views from the fourth-floor balcony.
The valuation. The asking price of €317,500 is positioned €41,412 (15.0%) above the fair value of €276,088. As such, the property is overpriced and does not represent a compelling investment opportunity.
Fair value modelled at €276,088 from 6 comparable sales in the area. Asking €317,500 sits €41,412 (15.0%) above — overpriced versus fair value.
Asking €317,500 versus the rua Doutor Narciso Rodrigues area baseline of €182,288 (€1,482/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €182,288, adjusted for condition and micro-location, gives a modelled fair value of €276,088 (€2,245/m²), a €41,412 (15.0%) gap versus the €317,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Narciso Rodrigues | Subject | €317,500 | €2,581 | — | 78 | 73 |
| rua Corujeiras, 437 | Active | €320,000 | €2,353 | 8.8% | 75 | 78 |
| avenida dos Descobrimentos | Active | €295,000 | €2,458 | 4.8% | 75 | 81 |
| rua Mouzinho de Albuquerque, 357 | Active | €437,500 | €1,894 | 26.6% | 79 | 70 |
| rua Manuel da Cunha Moreira | Active | €399,000 | €2,046 | 20.7% | 75 | 69 |
| Median comp | €359,500 | €2,200 | 14.8% | 75 | 74 |
Long-term rental Given the property’s listing price of €317,500 and fair value of €276,088, it is currently overpriced by 15.0%, which may limit long-term profitability despite its decent yield of 4.1%. Prospective landlords should be cautious, as the elevated price could impede the ability to secure reliable, long-term tenants in a suburban market. Family rental Although the property is suitable for families due to its size and location, the current listing price of €317,500 indicates it is overpriced compared to the fair value of €276,088. This premium could deter families looking for competitively priced options in proximity to Porto, impacting occupancy and rental income. Buy-and-hold With an asking price that exceeds fair value by 15.0%, this property’s potential for appreciation may be hindered, making it a less attractive buy-and-hold investment. Investors should be wary of committing to an overpriced asset, particularly in a suburban area where growth expectations may not justify the current valuation.
Economic Vulnerability The economic stability score of 70/100 indicates moderate risk due to potential fluctuations in the local economy that may impact rental income.
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