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, 4-bathroom apartment of 262 m² on the 5th floor, built in 2018, energy rating B. Located on rua Padre Iria Carvalhal, 121, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment boasts a spacious balcony with scenic sea views and features a closed garage capable of accommodating three vehicles, enhancing both comfort and convenience.
The valuation. The asking price of €575,000 sits €145,500 below the fair value of €720,500, positioning this property as subvalued by 20.2%. This discrepancy highlights a significant investment opportunity for potential buyers.
Fair value modelled at €720,500 from 5 comparable sales in the area. Asking €575,000 sits €145,500 (20.2%) below — the upside to fair value.
Asking €575,000 versus the rua Padre Iria Carvalhal, 121 area baseline of €569,957 (€2,175/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €569,957, adjusted for condition and micro-location, gives a modelled fair value of €720,500 (€2,750/m²), a €145,500 (20.2%) gap versus the €575,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Iria Carvalhal, 121 | Subject | €575,000 | €2,195 | — | 77 | 71 |
| rua das Fábricas, 173 | Active | €550,000 | €2,750 | 25.3% | 80 | 80 |
| avenida Beira Mar | Active | €744,000 | €3,336 | 52.0% | 80 | 71 |
| Santa Marinha e São Pedro da Afurada · ba3f66 | Active | €745,000 | €3,617 | 64.8% | 84 | 78 |
| rua Belo Horizonte | Active | €548,000 | €2,228 | 1.5% | 75 | 73 |
| Median comp | €647,000 | €3,043 | 38.7% | 80 | 76 |
Long-term rental This 4-bed apartment in Santa Marinha e São Pedro da Afurada, with a gross yield of 4.7%, presents a promising opportunity for long-term rental investment given its fair value of €720,500 compared to the listing price of €575,000, indicating a significant gap of 20.2%. Additionally, the neighbourhood's tenant quality is solid, supporting a stable rental income potential. Buy-and-hold Considering the current listing price of €575,000 against a fair value of €720,500, this property is positioned for substantial appreciation, making it an attractive buy-and-hold strategy. The good condition rating of 84/100 also suggests minimal immediate investment in refurbishment, allowing for a smoother transition into long-term ownership. Family rental With its spacious layout of 262m² and solid neighbourhood score of 71/100, this apartment is well-suited for family rentals, appealing to tenants seeking a suburban setting near metro amenities. The fair value gap of 20.2% further highlights the potential for favorable long-term occupancy rates and stable income generation.
Economic and Tenant Instability The combined scores of 70/100 for both economic stability and tenant stability indicate potential vulnerability to market fluctuations and tenant turnover, which could affect rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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