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, 3-bathroom house of 299 m², built in 1988, energy rating D. Located on rua Pêro Vaz de Caminha, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: The property includes a large attic with windows and a balcony, offering versatile usage options, and a substantial garage of approximately 100 m² suitable for multiple vehicles and storage.
The valuation. The asking price of €480,000 is virtually identical to the fair value of €479,984, indicating that this property is priced at a fair level. This small variance of €16 (0.0%) reflects a balanced market assessment. Buy-to-flip angle. The resale strategy for this property would focus on renovating some of the standard fixtures to enhance appeal, taking advantage of the proximity to Porto for a potential upscale market. Aiming for a swift turnaround can leverage the high demand in the area. Buy-to-let angle. With an estimated monthly rental income of €1,760, the property offers a gross yield of 4.4%. This attractive yield supports a buy-and-hold strategy, targeting stable family rentals given the area’s urban expansion.
Fair value modelled at €479,984 from 6 comparable sales in the area. Asking €480,000 sits €16 (0.0%) above — overpriced versus fair value.
Asking €480,000 versus the rua Pêro Vaz de Caminha area baseline of €431,786 (€1,444/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €431,786, adjusted for condition and micro-location, gives a modelled fair value of €479,984 (€1,605/m²), a €16 (0.0%) gap versus the €480,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pêro Vaz de Caminha | Subject | €480,000 | €1,605 | — | 60 | 73 |
| Mafamude e Vilar do Paraíso · 4d40dd | Active | €699,900 | €2,096 | 30.5% | — | 73 |
| rua Santo Ovidio Velho | Active | €495,000 | €1,266 | 21.1% | 72 | 74 |
| Oliveira do Douro · f3664a | Active | €369,900 | €1,182 | 26.4% | 75 | 69 |
| Canidelo · 38ba48 | Active | €271,900 | €1,743 | 8.6% | 48 | 78 |
| Median comp | €432,450 | €1,505 | 6.3% | 72 | 74 |
Long-term rental The property offers a gross yield of 4.4%, making it a viable option for long-term rental investment, especially with increasing residential demand due to urban expansion. Its fair valuation suggests stability in cash flows, although the condition and neighborhood scores indicate potential areas for improvement. Buy-and-hold As a buy-and-hold investment, this property aligns well with the fair valuation of €480,000, which reflects its current market position without overcommitting financially. The ongoing urban growth in the Vila Nova de Gaia area could enhance the property's appreciation potential over time. Family rental The property is well-suited for family rental, as evidenced by its size and the favorable neighborhood rating of 73/100, which speaks to a conducive living environment. Given its fair market value, this investment should provide stable occupancy rates and reliable rental income with the backdrop of an expanding community.
Economic Dependence Risk There is a risk of economic downturn affecting tenant stability significantly, as evidenced by the 75/100 economic stability score positioned against a lower tenant stability score of 65/100, which may lead to increased vacancy rates and turnover.
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