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 88 m² on the 1st floor, built in 1997. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment offers direct access to two balconies, enhancing natural light and outdoor space, while its conversion into a T2+1 provides functional versatility for modern living.
The valuation. The asking price of €260,000 is €23,402 (8.3%) below the fair value of €283,402, indicating that this property is priced at a fair market level. Buy-to-flip angle. The strategy could involve minor renovations to enhance appeal, followed by a resale targeting the growing suburban market for potential profit. Buy-to-let angle. With an estimated rental income of €910 per month, this property offers a gross yield of 4.2%, making it a viable long-term rental investment in a mixed neighborhood.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 6530c2 | Subject | €260,000 | €2,955 | — | — | 76 |
| avenida da República | Active | €260,000 | €3,250 | 10.0% | 68 | 71 |
| avenida Vimara Peres S / N | Active | €390,000 | €3,545 | 20.0% | 55 | 74 |
| Santa Marinha e São Pedro da Afurada · 65a4a4 | Active | €160,000 | €3,200 | 8.3% | — | 75 |
| Mafamude e Vilar do Paraíso · 49b7c6 | Active | €190,000 | €3,167 | 7.2% | 65 | 72 |
| Median comp | €225,000 | €3,225 | 9.2% | 65 | 73 |
Long-term rental The property offers a gross yield of 4.2%, aligning with the expectations for long-term rental investments in suburban locations. Given its proximity to Porto and solid neighborhood score of 76/100, steady demand from long-term tenants is anticipated. Family rental With its spacious layout and favorable location, this apartment is well-suited for family rentals, tapping into a market that values access to amenities in a suburban setting. The neighborhood's strong score of 76/100 indicates a thriving environment for families, enhancing the potential for consistent rental income. Buy-and-hold As a buy-and-hold investment, this property stands at a fair value with only an 8.3% gap against its fair market price of €283,402. Its location near Porto, combined with a healthy neighborhood score, positions it favorably for long-term appreciation in value over time.
Economic downturn risk A decline in economic stability from 80/100 may lead to increased vacancy rates, putting tenant stability at risk with a score of 75/100.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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