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, 0-bathroom apartment of 102 m². Located on avenida da República, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment is strategically located near the Santo Ovídeo Metro station, offering excellent transport links for daily commuters and easy access to the city. Condition Notes: Renovation work is currently in progress and expected to enhance the overall appeal of the property upon completion.
The valuation. The asking price of €200,000 is above the fair value of €180,903 by €19,097 (10.6%). Thus, the property is priced fairly. Buy-to-flip angle. A buy-to-flip strategy can focus on minor renovations to enhance market appeal, targeting a resale price above €200,000. Buy-to-let angle. A rental strategy estimates gross monthly income at €1,000, yielding a solid 6%. The location's residential character supports steady demand for family rentals.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da República | Subject | €200,000 | €1,961 | — | — | 73 |
| Mafamude e Vilar do Paraíso · efdd56 | Active | €175,000 | €2,333 | 19.0% | 65 | 73 |
| Mafamude e Vilar do Paraíso · ba3d6b | Active | €179,000 | €1,904 | 2.9% | 58 | 78 |
| Vilar de Andorinho · 627149 | Active | €138,000 | €1,643 | 16.2% | 49 | 70 |
| Mafamude e Vilar do Paraíso · 622741 | Active | €120,000 | €1,558 | 20.5% | 60 | 66 |
| Median comp | €156,500 | €1,774 | 9.6% | 59 | 72 |
Long-term rental The property offers a gross yield of 6%, which is appealing for long-term rental investors seeking stable income in a suburban area with a decent neighbourhood rating of 73/100. However, the property is priced at €200,000, only marginally above its fair value of €180,903, aligning with our assessment that the property is fairly priced. Family rental With family-oriented amenities and a residential character, this 2-bed apartment is well-suited for long-term family rentals, making use of the local support for community living. The pricing reflects its fair value, suggesting a steady demand without the allure of significant value growth. Buy-and-hold As an investment for buy-and-hold strategies, this property provides an attractive yield amidst a solid suburban environment benefitting from proximity to Porto. The fair pricing implies that while it is a stable investment, the growth potential is limited due to its current valuation being in line with market expectations.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for increased tenant turnover, which may lead to periods of vacancy and loss of rental income.
Year 1, before income tax (IRS or IRC). Includes IMT, stamp duty, IMI and AIMI for a resident individual. Estimate: check with your accountant.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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