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, 2-bathroom apartment of 109 m² on the 1st floor, energy rating C. Located on rua do Agro, 332, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a balcony that enhances outdoor living space and is strategically located near the future metro station, promising increased accessibility and future value growth. Valuation Verdict: Fair
The valuation. The asking price of €289,000 is slightly above the fair value of €286,513, indicating a difference of €2,487 (0.9%). This position suggests the property is fairly priced without notable excess.
Fair value modelled at €286,513 from 6 comparable sales in the area. Asking €289,000 sits €2,487 (0.9%) above — overpriced versus fair value.
Asking €289,000 versus the rua do Agro, 332 area baseline of €206,189 (€1,892/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €206,189, adjusted for condition and micro-location, gives a modelled fair value of €286,513 (€2,629/m²), a €2,487 (0.9%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Agro, 332 | Subject | €289,000 | €2,651 | — | 78 | 70 |
| rua Manuel Moreira Barros, 618 | Active | €390,000 | €3,545 | 33.7% | 77 | 74 |
| vereda 2 À Rua, 4 | Active | €315,000 | €2,739 | 3.3% | 72 | 73 |
| rua Oliveiras | Active | €350,000 | €2,518 | 5.0% | 72 | 78 |
| Santa Marinha e São Pedro da Afurada · 82c871 | Active | €320,000 | €3,333 | 25.7% | 76 | 76 |
| Median comp | €335,000 | €3,036 | 14.5% | 74 | 75 |
Long-term rental The apartment can provide a consistent gross yield of 4.2%, making it a stable income-generating asset in a developing area of Vila Nova de Gaia. Additionally, the property’s condition of 82/100 reflects a well-maintained unit that is likely to attract quality tenants. Buy-and-hold The property is currently listed at €289,000, which is very close to its fair value of €286,513, indicating it may hold its price stability over time. With the overall positive neighborhood score of 70/100, it factors in well for long-term appreciation in a growing urban market. Value-add renovation Given that the apartment's condition is rated at 82/100, potential cosmetic upgrades could enhance its value and appeal without significant renovation costs. However, with the property being fairly valued, any investment in renovations will need to yield returns that justify the initial expenses. Short-term rental The property does not present an ideal scenario for short-term rentals due to its fair valuation and neighborhood rating, which may not attract transient visitors willing to pay premium rates. The significant investment in short-term rental setup may not be recouped with this apartment's current market standing.
Tenant turnover risk The tenant stability score of 60/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and loss of rental income.
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