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, 1-bathroom apartment of 63 m² on the 1st floor, built in 1969, energy rating D. Located Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Property Features: This apartment enjoys the advantage of no monthly condominium fees, significantly reducing overall housing costs while being centrally located near vital public transportation options.
The valuation. The asking price of €173,000 is below the fair value of €183,291, sitting at a difference of €10,291, which is approximately 5.6%. This makes the property fairly valued. Buy-to-flip angle. A buy-to-flip strategy could involve renovating the apartment to enhance its appeal, potentially allowing for a resale above the fair value based on increasing demand in the Greater Porto area. Buy-to-let angle. With an estimated rental income of €937 per month, the property offers a gross yield of 6.5%, making it a viable option for long-term rental or family tenancy.
Fair value modelled at €183,291 from 6 comparable sales in the area. Asking €173,000 sits €10,291 (5.6%) below — the upside to fair value.
Asking €173,000 versus the Mafamude e Vilar do Paraíso, Vila Nova de Gaia, Porto area baseline of €173,496 (€2,754/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €173,496, adjusted for condition and micro-location, gives a modelled fair value of €183,291 (€2,909/m²), a €10,291 (5.6%) gap versus the €173,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mafamude e Vilar do Paraíso · a467a8 | Subject | €173,000 | €2,746 | — | 65 | 73 |
| alameda do Cedro, 1 | Active | €196,000 | €3,063 | 11.5% | 70 | 73 |
| rua Professor Urbano de Sousa | Active | €247,000 | €2,775 | 1.1% | 65 | 70 |
| Vilar de Andorinho · 8314c6 | Active | €230,000 | €2,277 | 17.1% | 65 | 58 |
| Santa Marinha e São Pedro da Afurada · 735696 | Active | €350,000 | €3,043 | 10.8% | 64 | 72 |
| Median comp | €238,500 | €2,909 | 5.9% | 65 | 71 |
Long-term rental The property's gross yield of 6.5% suggests a steady return, making it an adequate option for a long-term rental strategy. Given the fair value of €183,291 compared to the listing price of €173,000, investors can anticipate modest cash flow potential in a stable market condition. Family rental With a neighbourhood score of 73/100, this apartment is positioned in a family-friendly area with sufficient amenities. While the property is fairly priced, its size and layout are conducive for families seeking long-term homes in the Greater Porto region. Buy-and-hold Investing in this property could yield solid returns over time, given its fair valuation and attractive yield. The property’s condition rating of 62/100 indicates that moderate renovations could further enhance its appeal to future tenants or buyers in the slow-growing suburban market.
Economic downturn risk A moderate economic stability score of 70/100 suggests vulnerability to downturns, potentially affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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