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. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Location: Proximity to the Douro River offers scenic views and recreational opportunities, while local amenities include a new shopping center within walking distance, enhancing resident convenience. Condition: Newly constructed with high-quality materials ensures minimal maintenance and enduring appeal in a developing neighborhood.
The valuation. The asking price of €600,000 is significantly above fair value at €406,475, indicating the property is overpriced by €193,525 (47.6%). This discrepancy raises concerns regarding the investment viability.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 3d969b | Subject | €600,000 | €5,505 | — | — | 76 |
| parque da Lavandeira | Active | €360,000 | €4,091 | 25.7% | 75 | 65 |
| rua Caetano de Melo | Active | €250,000 | €3,086 | 43.9% | 78 | 73 |
| rua Espiridião de Sousa, 88 | Active | €275,000 | €2,865 | 48.0% | 82 | 70 |
| rua da Corticeira, 8 | Active | €429,000 | €7,150 | 29.9% | 74 | 74 |
| Median comp | €317,500 | €3,589 | 34.8% | 77 | 72 |
Long-term rental The 2-bed apartment in Santa Marinha e São Pedro da Afurada is priced at €600,000, which significantly exceeds its fair value of €406,475, indicating that it is overpriced by 47.6%. With a gross yield of only 2.8% and a condition score of 0/100, potential long-term rental returns remain unattractive compared to the purchase price. Buy-and-hold Holding onto this property might not be the best investment choice, as it is currently overpriced by 47.6% relative to its fair value of €406,475. The low gross yield of 2.8% coupled with a condition score of 0/100 suggests that the property may struggle to appreciate in value over time, leading to suboptimal returns for investors. Family rental While the neighborhood is family-oriented with a stable rating of 76/100, the 2-bed apartment's listing price of €600,000 reflects a 47.6% gap from its fair value of €406,475, rendering it overpriced. Given its poor condition score of 0/100, the property may not attract family tenants willing to pay a premium for rental accommodation in this area.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate likelihood of tenant turnover, which could impact rental income stability and property cash flow.
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
