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.
3-bedroom, 3-bathroom house of 194 m², built in 1963, energy rating B. Located on rua Bernardim Ribeiro, 23, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. This property features a heat recovery system and solar panels for energy efficiency, alongside a spacious terrace perfect for outdoor living.
The valuation. The asking price of €530,000 sits slightly below the fair value of €541,986, assessed at a difference of €11,986 or 2.2%. This property is currently valued fairly in the competitive market of Vila Nova de Gaia.
Fair value modelled at €528,340 from 5 comparable sales in the area. Asking €530,000 sits €1,660 (0.3%) above — overpriced versus fair value.
Asking €530,000 versus the rua Bernardim Ribeiro area baseline of €500,799 (€2,581/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €500,799, adjusted for condition and micro-location, gives a modelled fair value of €528,340 (€2,723/m²), a €1,660 (0.3%) gap versus the €530,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bernardim Ribeiro | Subject | €530,000 | €2,732 | — | 68 | 71 |
| Canelas · 9113d5 | Active | €590,000 | €2,864 | 4.8% | 83 | 70 |
| beco Paniceiro S / N | Active | €690,000 | €1,994 | 27.0% | 74 | 71 |
| rua Ferreira de Castro, 15 | Active | €640,000 | €2,723 | 0.3% | 75 | 77 |
| carreiro dos Passos, 87 | Active | €535,000 | €3,166 | 15.9% | 76 | 66 |
| Median comp | €615,000 | €2,794 | 2.3% | 76 | 71 |
Long-term rental This property presents a gross yield of 3.4%, which aligns with the stable housing demand in Greater Porto. Despite its fair value conclusion, the proximity to Porto enhances its appeal for consistent rental income. Value-add renovation With a condition rating of 79/100, there is moderate potential for value-add renovations that could enhance the property’s appeal and rental rate. Although the market value is fair, strategic improvements can ensure it remains competitive within the neighborhood's offerings. Luxury market This property is not ideal for the luxury market, primarily due to its fair status and the higher expectations typically associated with luxury listings. Its neighborhood rating of 71/100 further indicates limitations in attracting high-end buyers.
[Tenant turnover risk] With a tenant stability score of 60/100, there is an increased risk of turnover, leading to potential vacancies and lost 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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