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, 0-bathroom house of 108 m², built in 1983, energy rating D. Located Madalena parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes substantial land with outbuildings and dog kennels, offering diverse options for personal projects or investment opportunities, particularly for those seeking unique usage potential.
The valuation. The asking price of €290,000 is significantly below the fair value of €424,148, representing a discount of €134,148 (31.6%). This property is underpriced, presenting an attractive opportunity for investment.
Fair value modelled at €424,148 from 6 comparable sales in the area. Asking €290,000 sits €134,148 (31.6%) below — the upside to fair value.
Asking €290,000 versus the Madalena, Vila Nova de Gaia, Porto area baseline of €429,085 (€3,973/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 41/100 is below the parish average, reducing 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 €429,085, adjusted for condition and micro-location, gives a modelled fair value of €424,148 (€3,927/m²), a €134,148 (31.6%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Madalena · 89e5ce | Subject | €290,000 | €2,685 | — | 38 | 65 |
| Canidelo · b7c2a8 | Active | €750,000 | €7,009 | 161.0% | — | 75 |
| avenida Gomes Júnior, 598 | Active | €350,000 | €5,833 | 117.2% | — | 73 |
| avenida António Coelho Moreira, 958 | Active | €1,900,000 | €4,008 | 49.3% | 25 | 67 |
| rua Major Pala | Active | €215,000 | €3,028 | 12.8% | — | 71 |
| Median comp | €550,000 | €4,921 | 83.2% | 25 | 72 |
Long-term rental This property presents a significant opportunity in the long-term rental market, with a gap from its fair value of 31.6%, suggesting strong potential for appreciation. The gross yield of 4.1% coupled with the property's decent location and neighborhood rating makes it a favorable investment for steady income. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy due to its substantial undervaluation, which could lead to considerable future returns. By maintaining ownership during a potential market appreciation phase, investors can capitalize on the improving neighborhood quality and moderate access to amenities. Family rental This two-bedroom house is an attractive option for family rentals, particularly given its positioning within a moderately favorable neighborhood. Families typically seek stable living conditions; thus, with a fair value significantly higher than the asking price, this property could provide a reliable source of rental income over time. Not ideal for Short-term vacation rental, Luxury market, Student housing Given the condition rating of only 41/100 and the neighborhood's suitability, this property would not be a wise investment for short-term vacation rentals, the luxury market, or student housing. The current dynamics do not support these strategies effectively, given the focus on long-term stability.
Economic Vulnerability The economic stability score of 70 indicates moderate resilience, while the tenant stability score of 60 suggests a risk of tenant turnover, potentially impacting consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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