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, 3-bathroom apartment of 110 m² on the 3rd floor, built in 1980, energy rating C. Located on rua Pádua Correia, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment features substantial natural light from its dual solar exposure and includes modernized bathrooms that enhance functionality amid its original wood flooring aesthetic.
The valuation. The asking price of €305,000 sits below the fair value of €343,572, indicating an undervalued opportunity with a difference of €38,572 (11.2%). Buy-to-flip angle. A resale strategy could capitalize on necessary improvements in the property’s condition, aiming for a quick turnaround at a higher price in a growing market. Buy-to-let angle. With an estimated monthly rental income of €1,144, this property can generate a gross yield of 4.5%, appealing for long-term family or buy-and-hold rental strategies in the neighborhood.
Fair value modelled at €343,572 from 6 comparable sales in the area. Asking €305,000 sits €38,572 (11.2%) below — the upside to fair value.
Asking €305,000 versus the rua Pádua Correia area baseline of €322,616 (€2,933/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €322,616, adjusted for condition and micro-location, gives a modelled fair value of €343,572 (€3,123/m²), a €38,572 (11.2%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Pádua Correia | Subject | €305,000 | €2,773 | — | 55 | 75 |
| Bonfim · 49b86d | Active | €325,000 | €3,611 | 30.2% | 66 | 61 |
| Vilar de Andorinho · dee5b6 | Active | €295,000 | €2,892 | 4.3% | 57 | 75 |
| rua de Santos Pousada, 384 | Active | €659,000 | €3,946 | 42.3% | 70 | 74 |
| rua Pádua Correia | Active | €249,500 | €3,006 | 8.4% | 67 | 73 |
| Median comp | €310,000 | €3,309 | 19.3% | 67 | 74 |
Family rental This property offers a solid opportunity for family rentals, given its spacious 110m² layout and favorable location near Porto, which attracts families seeking urban amenities. With a neighborhood rating of 75/100 and a gross yield of 4.5%, it positions itself well to attract long-term tenants. Long-term rental As a long-term rental option, this property is appealing due to its proximity to urban centers and a quality neighborhood with a good safety record. The fair value shows an opportunity for consistent cash flow, with a compelling yield of 4.5% supporting the investment's profitability. Buy-and-hold Investing in this property for a buy-and-hold strategy appears promising, particularly since it is currently listed at €305,000, representing an 11.2% gap below the fair value of €343,572. The combination of a favorable neighborhood rating and attractive potential yields further enhances its viability for long-term appreciation.
Tenant default risk With a tenant stability score of 70/100, there is an increased risk that tenants may default on their lease, affecting cash flow and overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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