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 93 m², built in 1988, energy rating E. Located on rua de Baiza, Vilar de Andorinho parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: The living room features a marquise balcony that enhances the living space and offers outdoor relaxation while maintaining privacy in the quiet residential area.
The valuation. The asking price of €229,900 is positioned below the fair value of €248,280, creating a difference of €18,380 or 7.4%. The property is considered to be at a fair price for its valuation. Buy-to-flip angle. The strategy for resale involves making necessary upgrades to the apartment’s dated fixtures and materials, anticipating a higher market response due to potential aesthetic enhancements after renovation. Buy-to-let angle. With an estimated monthly rental income of €862, the gross yield of 4.5% suggests a stable investment for long-term family rentals, capitalizing on the suburban location's appeal for tenants.
Fair value modelled at €248,280 from 6 comparable sales in the area. Asking €229,900 sits €18,380 (7.4%) below — the upside to fair value.
Asking €229,900 versus the rua de Baiza area baseline of €235,718 (€2,535/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 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 €235,718, adjusted for condition and micro-location, gives a modelled fair value of €248,280 (€2,670/m²), a €18,380 (7.4%) gap versus the €229,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Baiza | Subject | €229,900 | €2,472 | — | 52 | 75 |
| rua Centro Republicano Pádua Correia | Active | €269,000 | €2,280 | 7.8% | 54 | 81 |
| praceta Padre Floro | Active | €205,000 | €1,990 | 19.5% | 52 | 65 |
| Mafamude e Vilar do Paraíso · 3a72df | Active | €295,000 | €3,105 | 25.6% | 65 | 71 |
| Mafamude e Vilar do Paraíso · 0325c1 | Active | €350,000 | €3,241 | 31.1% | 60 | 80 |
| Median comp | €282,000 | €2,693 | 8.9% | 57 | 76 |
Long-term rental The 2-bed apartment presents a fair investment opportunity for long-term rental due to its solid gross yield of 4.5% and decent neighborhood quality rating of 75/100. However, the apartment's condition score of 51/100 suggests that additional investment may be needed to maximize tenant appeal and retention. Family rental With its spacious 93m² layout and suburban location, this property could serve as a suitable family rental, benefiting from the typical school quality and safety of the area. Although the apartment is priced fairly against its market value, potential upgrades may be necessary to cater to family needs and enhance the living experience. Buy-and-hold Investing in this apartment as a buy-and-hold strategy could yield reasonable returns due to its fair pricing and future appreciation potential in the suburban market of Vila Nova de Gaia. While the current condition is a concern, the location and neighborhood characteristics provide a stable foundation for long-term capital growth.
Economic Volatility Risk The economic stability score of 75/100 indicates a moderately strong economy, which may still experience fluctuations that could affect tenant stability at a score of 70/100, potentially leading to irregular rental income.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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