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.
1-bedroom, 1-bathroom apartment of 68 m², energy rating E. Located on rua Visconde das Devesas, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment features a marquise balcony that offers elevated views and ample natural light, enhancing the modern lifestyle with a touch of outdoor space.
The valuation. The asking price of €248,500 is significantly below the fair value of €368,915, representing a discount of €120,415 (32.6%). This property is clearly underpriced and presents an attractive investment opportunity.
Fair value modelled at €368,915 from 6 comparable sales in the area. Asking €248,500 sits €120,415 (32.6%) below — the upside to fair value.
Asking €248,500 versus the rua Visconde das Devesas area baseline of €315,255 (€4,636/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €315,255, adjusted for condition and micro-location, gives a modelled fair value of €368,915 (€5,425/m²), a €120,415 (32.6%) gap versus the €248,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Visconde das Devesas | Subject | €248,500 | €3,654 | — | 84 | 73 |
| rua da Paz | Active | €245,000 | €4,804 | 31.5% | 73 | 73 |
| Oliveira do Douro · 6a95aa | Active | €235,000 | €2,938 | 19.6% | 77 | 72 |
| rua Bouças, 112 | Active | €250,000 | €4,167 | 14.0% | 82 | 70 |
| rua de Cedofeita | Active | €414,312 | €8,632 | 136.2% | 78 | 74 |
| Median comp | €247,500 | €4,486 | 22.7% | 78 | 73 |
Long-term rental The 1-bed apartment in Vila Nova de Gaia offers strong potential as a long-term rental investment, given its fair value of €368,915 compared to the listing price of €248,500, indicating a gap of 32.6%. With a gross yield of 3.5%, it presents an appealing opportunity for stable income generation in a safe residential neighborhood with access to employment. Buy-and-hold Investing in this property as a buy-and-hold strategy could be advantageous, considering it is listed significantly below its fair market value, providing a solid buffer for appreciation over time. The combination of favorable market conditions and an 83/100 condition rating makes this property a sound choice for long-term value growth. Family rental This apartment is well-suited for family rental due to its location in a suburban area with necessary amenities and safety, attracting tenant quality that values stable residential environments. Priced at a substantial discount to fair value, it offers families an affordable option in close proximity to Porto, enhancing its rental appeal.
Economic vulnerability The economic stability score of 70/100 suggests potential weaknesses in the local economy that could affect rental income stability.
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