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 208 m², built in 1998, energy rating C. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a heat recovery system for enhanced energy efficiency and a private terrace accessible from both bedrooms, maximizing outdoor living space and comfort.
The valuation. The asking price of €350,000 is significantly below the fair value of €464,364, representing a potential discount of €114,364 (24.6%). This makes the property an attractive investment opportunity. Buy-to-flip angle. The ideal resale strategy involves renovating the already high-quality apartment to enhance its appeal, then targeting a resale in a rising market for a profitable flip. Buy-to-let angle. With an estimated gross yield of 4.8% and potential rental income of €1,400/month, this property is well-suited for long-term family rentals, providing steady cash flow.
Fair value modelled at €464,364 from 6 comparable sales in the area. Asking €350,000 sits €114,364 (24.6%) below — the upside to fair value.
Asking €350,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €346,588 (€1,666/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €346,588, adjusted for condition and micro-location, gives a modelled fair value of €464,364 (€2,233/m²), a €114,364 (24.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 62717c | Subject | €350,000 | €1,683 | — | 73 | 75 |
| Canidelo · 6530ca | Active | €397,000 | €2,349 | 39.6% | 75 | 73 |
| rua da Paz, 485 | Active | €329,000 | €1,902 | 13.0% | 75 | 81 |
| rua Estado da India | Active | €310,000 | €2,138 | 27.1% | 73 | 70 |
| rua José Pereira Araújo | Active | €345,000 | €2,447 | 45.4% | 75 | 67 |
| Median comp | €337,000 | €2,244 | 33.3% | 75 | 72 |
Long-term rental The 2-bed apartment in Santa Marinha e São Pedro da Afurada presents an opportunity for long-term rental as it is priced at €350,000, approximately 24.6% below its fair value of €464,364. With a gross yield of 4.8%, this investment is positioned well to provide steady income over time. Family rental Targeting families, this 2-bed apartment offers sufficient space at 208m² and is ideally located in a suburban area with a decent neighbourhood rating of 75/100. The property’s fair value standing also ensures that families can enjoy a quality living environment without stretching their budget excessively. Buy-and-hold Investing in this property with a buy-and-hold strategy makes sense, given its current pricing at €350,000, which is 24.6% below the estimated fair value. The strong fundamentals, including a good condition rating of 77/100, suggest that this asset will appreciate over the years, enhancing its long-term value.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could affect rental income stability.
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