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, 1-bathroom apartment of 124 m² on the 2nd floor, built in 2001, energy rating D. Located Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. One noteworthy feature: The apartment's layout includes a spacious living area that opens directly to a private balcony, enhancing natural light and outdoor access.
The valuation. The asking price of €258,000 is €24,011 (8.5%) below fair value, which is set at €282,011. This positioning indicates that the property is fairly priced considering its current condition and market dynamics.
Fair value modelled at €282,011 from 6 comparable sales in the area. Asking €258,000 sits €24,011 (8.5%) below — the upside to fair value.
Asking €258,000 versus the Grijó e Sermonde, Vila Nova de Gaia, Porto area baseline of €341,104 (€2,751/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €341,104, adjusted for condition and micro-location, gives a modelled fair value of €282,011 (€2,274/m²), a €24,011 (8.5%) gap versus the €258,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Grijó e Sermonde · efdd2e | Subject | €258,000 | €2,081 | — | 68 | 71 |
| Pedroso e Seixezelo · 28bafb | Active | €269,000 | €2,280 | 9.6% | 75 | 72 |
| Grijó e Sermonde · 42002b | Active | €259,000 | €2,398 | 15.3% | 70 | 62 |
| rua Cruzes de São Vicente | Active | €246,500 | €1,882 | 9.6% | 75 | 70 |
| autoestrada A1 | Active | €275,000 | €2,132 | 2.5% | — | 73 |
| Median comp | €264,000 | €2,206 | 6.0% | 75 | 71 |
Long-term rental This property offers a fair investment option for long-term rental given its proximity to Porto, which enhances residential demand. However, the gross yield of 0% suggests limited immediate cash flow potential, making it less attractive for income-focused investors. Buy-and-hold Investing in this property on a buy-and-hold strategy aligns well with the stable residential demand in Vila Nova de Gaia, even though the property is fairly priced. The combination of a reasonably favorable neighborhood score of 71/100 and a property condition score of 70/100 indicates a relatively sound investment for future appreciation. Family rental The apartment could serve as a suitable family rental due to its ample size and decent neighborhood conditions. However, given its fair valuation and lack of immediate rental yield, investors should be cautious about short-term cash flow. Not ideal for Luxury market, Short-term vacation rental, Student housing.
Tenant turnover risk High tenant turnover could be a concern given the tenant stability score of 70/100, indicating potential challenges in retaining long-term tenants and associated costs of re-leasing.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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