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.
4-bedroom, 3-bathroom apartment of 192 m² on the 2nd floor, built in 1983, energy rating C. Located on avenida da República, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: The apartment includes a vibrant communal garden and easy access to the Douro River waterfront, enhancing its appeal for outdoor relaxation and recreational activities. Additional Context: These unique features offer a blend of urban convenience and nature, making it an attractive choice for families and professionals alike.
The valuation. The asking price of €470,000 exceeds the fair value of €431,364 by €38,636, representing a 9.0% premium. While the property is fairly valued, it is not a bargain at this price point.
Fair value modelled at €431,364 from 6 comparable sales in the area. Asking €470,000 sits €38,636 (9.0%) above — overpriced versus fair value.
Asking €470,000 versus the avenida da República area baseline of €326,854 (€1,702/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €326,854, adjusted for condition and micro-location, gives a modelled fair value of €431,364 (€2,247/m²), a €38,636 (9.0%) gap versus the €470,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da República | Subject | €470,000 | €2,448 | — | 73 | 72 |
| rua Tomás Ribeiro, 11 | Active | €570,000 | €2,395 | 2.2% | 75 | 81 |
| rua Pêro Vaz de Caminha | Active | €365,000 | €2,212 | 9.6% | 71 | 75 |
| rua do Fojo, 83 | Active | €365,000 | €2,281 | 6.8% | 70 | 69 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · b45320 | Active | €350,000 | €3,043 | 24.3% | 75 | 75 |
| Median comp | €365,000 | €2,338 | 4.5% | 73 | 75 |
Long-term rental This property presents a stable opportunity for long-term rental as it offers a gross yield of 4.8%, which is competitive for its location in Greater Porto. The overall condition score of 77/100 indicates that the property is fairly well-maintained, appealing to potential tenants seeking comfortable living spaces. Family rental With its spacious 192m² layout and four bedrooms, this apartment is well-suited for family rentals in a suburban area that scores 72/100 for neighborhood appeal. The property’s fair market value at €431,364 reflects its potential as a family residence, although it is not designed for high-end family markets. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield moderate returns given the fair valuation and decent gross yield of 4.8%. However, the property’s condition and neighborhood rating suggest that it might be challenging to significantly appreciate in a highly competitive market.
Potential Economic Fluctuation Risk: With both economic stability and tenant stability scores at 70/100, there is a moderate risk of economic downturns affecting rental income and occupancy rates, which could lead to financial instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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