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.
1-bedroom, 1-bathroom apartment of 77 m², built in 1937, energy rating D. Located Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property includes a private garden of 38.27 m² and an additional storage annex, enhancing its functional outdoor space and potential for gardening or relaxation.
The valuation. The asking price of €120,000 is significantly below the fair value of €148,640, making it underpriced by €28,640 (19.3%). This situation presents a clear opportunity for investment. Buy-to-flip angle. The strategy for a buy-and-flip involves refreshing the apartment's aesthetic, capitalizing on its strategic location near Porto to quickly resell at a profit. Upgrading finishes can appeal to a broader audience and increase resale value. Buy-to-let angle. With a projected gross yield of 6.8% (~€680/month), this property is ideal for long-term rental. Its family-oriented suburban setting makes it attractive to tenants seeking stability, ensuring consistent rental income.
Fair value modelled at €148,640 from 6 comparable sales in the area. Asking €120,000 sits €28,640 (19.3%) below — the upside to fair value.
Asking €120,000 versus the Mafamude e Vilar do Paraíso, Vila Nova de Gaia, Porto area baseline of €171,049 (€2,221/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 53/100 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 €171,049, adjusted for condition and micro-location, gives a modelled fair value of €148,640 (€1,930/m²), a €28,640 (19.3%) gap versus the €120,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mafamude e Vilar do Paraíso · 622741 | Subject | €120,000 | €1,558 | — | 60 | 66 |
| Gulpilhares e Valadares · 65303e | Active | €265,000 | €1,464 | 6.1% | — | 80 |
| rua Lameiro, 270 | Active | €204,900 | €1,138 | 27.0% | 30 | 76 |
| Mafamude e Vilar do Paraíso · ba3d6b | Active | €179,000 | €1,904 | 22.2% | 58 | 78 |
| rua José Monteiro de Castro Portugal | Active | €225,000 | €1,957 | 25.5% | 70 | 70 |
| Median comp | €214,950 | €1,684 | 8.1% | 58 | 77 |
Long-term rental The 1-bed apartment in Mafamude e Vilar do Paraíso presents a compelling opportunity for long-term rental with a gross yield of 6.8%, indicating strong cash flow potential. With a welcoming suburban atmosphere and proximity to Porto, the property is poised to attract stable tenants seeking a comfortable residential experience. Buy-and-hold Acquiring this apartment offers a strategic buy-and-hold investment, capitalizing on the 19.3% gap from fair value, which signifies potential for appreciation over time. The family-oriented neighborhood and basic amenities contribute to its desirability, enhancing the likelihood of value growth in the long run. Family rental This property is well-suited for family rental, as evidenced by its suburban character and safe environment in Mafamude e Vilar do Paraíso. With a good yield and proximity to basic amenities, it aligns with family needs for both space and accessibility, making it an attractive option in the rental market.
Economic and Tenant Instability Risk There is a potential risk in property rental income due to a combined economic stability score of 70/100 and tenant stability score of 65/100, indicating moderate vulnerability to market fluctuations and tenant turnover.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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