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 84 m² on the 2nd floor, built in 1985, energy rating E. Located on rua do Cabo Borges, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The top-floor location ensures privacy and quiet, complemented by excellent solar exposure that fills the apartment with natural light throughout the day.
The valuation. The asking price of €300,000 is slightly above the fair value of €291,062 by €8,938, representing a 3.1% premium. This positions the property as fairly priced in the current market. Buy-to-flip angle. Given the modern finishes and decent condition, the buy-to-flip strategy could capitalize on astute renovations and staging to enhance appeal, ideally targeting a resale within 6-12 months. Buy-to-let angle. With an estimated rental income of €1,200 per month, this property offers a gross yield of 4.8%, making it an attractive option for long-term family rentals in a commuter-friendly suburban area.
Fair value modelled at €291,062 from 6 comparable sales in the area. Asking €300,000 sits €8,938 (3.1%) above — overpriced versus fair value.
Asking €300,000 versus the rua do Cabo Borges area baseline of €254,797 (€3,033/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €254,797, adjusted for condition and micro-location, gives a modelled fair value of €291,062 (€3,465/m²), a €8,938 (3.1%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Cabo Borges | Subject | €300,000 | €3,571 | — | 70 | 78 |
| rua Diogo Cassels, 121 | Active | €535,000 | €3,993 | 11.8% | 70 | 73 |
| rua Caetano de Melo | Active | €240,000 | €2,376 | 33.5% | 70 | 75 |
| rua da Firmeza, 88 | Active | €295,000 | €4,155 | 16.3% | 70 | 83 |
| praça do Martim Moniz | Active | €325,000 | €4,063 | 13.7% | — | 71 |
| Median comp | €310,000 | €4,028 | 12.8% | 70 | 74 |
Long-term rental This 2-bed apartment in Santa Marinha e São Pedro da Afurada presents a long-term rental opportunity with a gross yield of 4.8%, indicating a stable income stream. However, the property is currently priced fairly at €300,000, which limits potential for significant appreciation. Family rental Given the suburban context and proximity to Porto, this property is well-suited for family rentals, catering to tenants looking for a community-oriented environment. While the neighbourhood scores a respectable 78/100, the fair valuation at €300,000 suggests that it may not be the best option for investors seeking immediate equity growth. Buy-and-hold The buy-and-hold strategy could work with this property due to its reasonable yield and stable neighbourhood conditions, which may foster a reliable rental market. Nonetheless, the property’s fair valuation of €300,000 indicates that it is not a prime opportunity for capital appreciation in the near term.
Tenant retention risk The tenant stability score of 78/100 suggests a moderate risk for potential tenant turnover that could affect rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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