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 107 m² on the 6th floor, built in 1992, energy rating C. Located on rua Palmeira, 162, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Highlights: This apartment features stunning unobstructed sea views from the living room and benefits from abundant natural light thanks to its ideal East/West solar orientation.
The valuation. The asking price of €245,000 is slightly below the fair value of €257,773, representing a difference of €12,773 (5.0%). The property is assessed as fairly priced for the current market conditions.
Fair value modelled at €257,773 from 5 comparable sales in the area. Asking €245,000 sits €12,773 (5.0%) below — the upside to fair value.
Asking €245,000 versus the rua Palmeira, 162 area baseline of €265,435 (€2,481/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 €265,435, adjusted for condition and micro-location, gives a modelled fair value of €257,773 (€2,409/m²), a €12,773 (5.0%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Palmeira, 162 | Subject | €245,000 | €2,290 | — | 65 | 72 |
| praceta Palmeira, 162 | Active | €269,000 | €2,538 | 10.8% | 66 | 74 |
| Pedroso e Seixezelo · cfe288 | Active | €267,000 | €2,263 | 1.2% | 68 | 73 |
| Santa Marinha e São Pedro da Afurada · 6c77fa | Active | €356,900 | €2,478 | 8.2% | — | 82 |
| rua António Rodrigues da Rocha | Active | €270,000 | €1,971 | 13.9% | 70 | 75 |
| Median comp | €269,500 | €2,371 | 3.5% | 68 | 75 |
Long-term rental The property presents a fair value of €257,773 against a listing price of €245,000, indicating a modest gap of 5.0%. With a gross yield of 4.3%, it is positioned to deliver stable returns in the long-term rental market. Buy-and-hold Given its fair valuation, investing in this apartment for a buy-and-hold strategy could yield consistent returns in the long run, supported by the positive economic dynamics of Vila Nova de Gaia. The overall condition rating of 64/100 suggests that while improvements might be necessary, the property can be held without immediate substantial investment. Family rental This apartment's location in a safe suburban area with decent educational options fits the profile for family rental, enhancing its attractiveness to potential tenants. With a neighbourhood rating of 72/100, it taps into a market that values stability and community, making it suitable for long-term occupancy.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate risk of higher tenant turnover, which may lead to increased vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
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.
Free — sign in to request
