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 67 m² on the 2nd floor, energy rating A. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: This apartment includes a Local Accommodation (AL) license, providing a proven income stream and immediate rental opportunities in a highly desirable tourist area.
The valuation. The asking price of €335,000 is above the fair value of €299,592, indicating an overestimation by €35,408 (11.8%). Verdict: fair. Buy-to-flip angle. A buy-and-flip strategy would require comprehensive renovations to maximize resale value in the current market, seeking a quick return on investment. Buy-to-let angle. With a gross yield of 0%, rental income strategies would depend heavily on potential long-term leasing, but the extensive condition issues pose risks for securing tenants at a competitive rate.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 86cabe | Subject | €335,000 | €5,000 | — | — | 72 |
| rua Doutor Mário Cal Brandão, 232 | Active | €405,000 | €3,857 | 22.9% | 88 | 68 |
| rua Vera Cruz | Active | €210,250 | €4,672 | 6.6% | 70 | 69 |
| praça do Marquês de Pombal | Active | €595,000 | €5,721 | 14.4% | 75 | 78 |
| rua Professor Rui Luís Gomes | Active | €420,000 | €4,000 | 20.0% | 80 | 73 |
| Median comp | €412,500 | €4,336 | 13.3% | 78 | 71 |
Long-term rental The property in Santa Marinha e São Pedro da Afurada presents a fair value alignment with the listing price, suggesting it may not be the best fit for long-term rental investments due to a yield of 0%. Furthermore, the condition rating of 0/100 indicates significant potential renovation costs that could affect profitability. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy may yield limited returns, with the property fairly priced at €335,000 against a fair value of €299,592. Additionally, the overall neighbourhood quality score of 72/100 offers moderate growth potential, yet the initial investment may not attract substantial appreciation. Family rental Pursuing a family rental strategy in this property could also be reconsidered, since the fair valuation at €335,000 suggests no immediate pricing advantage. Moreover, with a condition rating that indicates the property may need significant improvement, ongoing maintenance costs could further impact financial feasibility.
Economic Vulnerability The economic stability score of 70/100 suggests a moderate risk of economic downturns affecting property value and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
