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.
3-bedroom, 2-bathroom apartment of 168 m² on the 1st floor, built in 1995, energy rating D. Located on rua da Guarda, Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. This apartment features unobstructed views over the surrounding forest and the Monastery of Grijó, enhancing its serene and picturesque ambiance for residents.
The valuation. The asking price of €315,000 sits above the fair value of €290,659 by €24,341 (8.4%). This suggests that the property is fairly valued. Buy-to-flip angle. The buy-to-flip strategy would target renovation opportunities capitalizing on the apartment's decent condition while identifying cosmetic upgrades for a quick resale. Buy-to-let angle. The rental income strategy aims for long-term family rentals, taking advantage of the suburban environment's appeal and proximity to Porto, promoting stable occupancy rates.
Fair value modelled at €290,659 from 6 comparable sales in the area. Asking €315,000 sits €24,341 (8.4%) above — overpriced versus fair value.
Asking €315,000 versus the rua da Guarda area baseline of €381,088 (€2,268/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 €381,088, adjusted for condition and micro-location, gives a modelled fair value of €290,659 (€1,730/m²), a €24,341 (8.4%) gap versus the €315,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Guarda | Subject | €315,000 | €1,875 | — | 68 | 71 |
| rua dos Mourões, 123 | Active | €385,000 | €1,552 | 17.2% | 78 | 73 |
| rua Mãe d'Água | Active | €269,000 | €1,908 | 1.7% | 75 | 67 |
| Serzedo e Perosinho · 653053 | Active | €249,900 | €1,552 | 17.2% | — | 68 |
| Serzedo e Perosinho · 96c455 | Active | €280,000 | €1,522 | 18.8% | 68 | 71 |
| Median comp | €274,500 | €1,552 | 17.2% | 75 | 70 |
Long-term rental With a fair value of €290,659 compared to the listing price of €315,000, this 3-bed apartment presents an opportunity for long-term rental but offers no gross yield at this price point. The suburban setting and proximity to Porto ensures tenant stability, although the property is currently priced at a level that does not reflect a significant investment advantage. Family rental The apartment is positioned as a suitable family rental, supported by its ample space and the suburban lifestyle offered by Grijó e Sermonde. However, the current listing price exceeds the fair value by 8.4%, meaning families may find better value in less expensive options in the area. Buy-and-hold As a buy-and-hold investment, the apartment does have potential due to the area's economic strength and stability, though it is fairly priced relative to its fair market value. Investors should be cautious, as the lack of gross yield at the asking price may limit return on investment in the near term.
Tenant turnover risk Tenants may be less stable with a tenant stability score of 60/100, which could lead to increased vacancy rates and costs associated with turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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