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 97 m² on the 3rd floor, built in 1977, energy rating E. Located on rua Almeida Costa, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment benefits from a current rental income of €1,000 per month, providing immediate returns for investors until March 2028. Proximity: Located near D. Emília de Jesus Costa Nursery, enhancing its family-friendly appeal.
The valuation. The asking price of €290,000 is slightly below the fair value of €298,271, sitting at a difference of €8,271 (2.8%). This property is fairly valued and represents a solid investment opportunity.
Fair value modelled at €298,271 from 6 comparable sales in the area. Asking €290,000 sits €8,271 (2.8%) below — the upside to fair value.
Asking €290,000 versus the rua Almeida Costa area baseline of €240,761 (€2,482/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting 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 €240,761, adjusted for condition and micro-location, gives a modelled fair value of €298,271 (€3,075/m²), a €8,271 (2.8%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Almeida Costa | Subject | €290,000 | €2,990 | — | 72 | 74 |
| rua da Firmeza, 498 | Active | €670,000 | €5,154 | 72.4% | 74 | 76 |
| rua Professor Urbano de Moura, 264 | Active | €395,000 | €2,970 | 0.7% | 70 | 70 |
| Canidelo · 28bb5a | Active | €319,900 | €2,758 | 7.8% | 70 | 74 |
| Mafamude e Vilar do Paraíso · 82c66f | Active | €257,500 | €2,711 | 9.3% | 65 | 75 |
| Median comp | €357,450 | €2,864 | 4.2% | 70 | 75 |
Long-term rental This property offers a fair potential for long-term rentals given its gross yield of 5.7% and a neighborhood quality rating of 74/100. However, the marginal gap of 2.8% against its fair value indicates that while it is not a poor investment, it does not present significant upside. Family rental With a solid yield of 5.7% and a reasonable neighborhood score of 74, this property suits families looking for stable housing near Porto. Nonetheless, the property's 75/100 condition suggests that while appealing to families, it does not provide exceptional value in a competitive rental market. Buy-and-hold The current listing price of €290,000 is in line with its fair value of €298,271, making this property a fair buy-and-hold candidate for long-term investors. Its suburban location near Porto ensures relative market stability, though potential appreciation is limited given the slight price gap to fair value.
Tenant turnover risk: With a tenant stability score of 65/100, there is an elevated risk of higher tenant turnover, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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