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, 1-bathroom house of 100 m², built in 1969, energy rating D. Located on alameda do Cedro Vereda, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. This property includes a 50 m² terrace perfect for outdoor entertainment and a converted T1 annex that offers potential rental income or additional living space.
The valuation. The asking price of €285,000 sits below the fair value of €329,266, representing an attractive gap of €44,266 (13.4%). This property is thus considered underpriced, offering potential for immediate equity gain.
Fair value modelled at €329,266 from 6 comparable sales in the area. Asking €285,000 sits €44,266 (13.4%) below — the upside to fair value.
Asking €285,000 versus the alameda do Cedro Vereda area baseline of €365,068 (€3,651/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 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 €365,068, adjusted for condition and micro-location, gives a modelled fair value of €329,266 (€3,293/m²), a €44,266 (13.4%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda do Cedro Vereda | Subject | €285,000 | €2,850 | — | 50 | 81 |
| Santa Marinha e São Pedro da Afurada · 1e607d | Active | €299,000 | €3,738 | 31.1% | 42 | 72 |
| Mafamude e Vilar do Paraíso · 4a7fd3 | Active | €250,000 | €3,846 | 35.0% | 50 | 76 |
| Mafamude e Vilar do Paraíso · 957079 | Active | €249,000 | €3,557 | 24.8% | 30 | 73 |
| Canelas · 0dcffc | Active | €300,000 | €2,500 | 12.3% | — | 72 |
| Median comp | €274,500 | €3,648 | 28.0% | 42 | 73 |
Long-term rental The property offers a solid opportunity for long-term rental with a 4% gross yield in a desirable neighborhood with a high quality of living, rated 81/100. Its price of €285,000 is 13.4% below fair value, making it well-positioned for steady rental income. Family rental With its spacious 100m² layout and favorable neighborhood ratings, this house is an ideal choice for family rental, catering to those seeking a quality living environment. Priced at €285,000, it is appealingly aligned below its fair market value, promising potential for reliable long-term tenants. Buy-and-hold This asset stands out for a buy-and-hold strategy, as acquiring it at €285,000 provides a competitive entry point in a central Porto location poised for growth. The investment is further supported by its underpriced status of 13.4% below fair value, offering upside potential over time.
Potential Economic Shift: With economic stability and tenant stability both at 80/100, any significant downturn in the local economy could still impact rental income and occupancy rates negatively, leading to potential financial strain.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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