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 151 m² on the 4th floor, built in 1979, energy rating D. Located Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Feature: The attic space of approximately 45m² offers potential for conversion into additional living or storage area, enhancing the apartment's overall utility and appeal.
The valuation. The asking price of €300,000 sits €28,496 (10.5%) above the fair value of €271,504, reflecting a valuation that can be considered fair when analyzing the current market landscape.
Fair value modelled at €271,504 from 6 comparable sales in the area. Asking €300,000 sits €28,496 (10.5%) above — overpriced versus fair value.
Asking €300,000 versus the Mafamude e Vilar do Paraíso, Vila Nova de Gaia, Porto area baseline of €311,800 (€2,065/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 39/100 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 €311,800, adjusted for condition and micro-location, gives a modelled fair value of €271,504 (€1,798/m²), a €28,496 (10.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mafamude e Vilar do Paraíso · ec1b19 | Subject | €300,000 | €1,987 | — | 30 | 70 |
| rua Laborim de Baixo | Active | €239,900 | €1,935 | 2.6% | 55 | 70 |
| rua 4 Caminhos, 75 | Active | €299,999 | €3,125 | 57.3% | 30 | 71 |
| rua de Raimundo de Carvalho, 159 | Active | €420,000 | €1,680 | 15.4% | 55 | 67 |
| rua das Oliveiras | Active | €385,000 | €1,390 | 30.0% | — | 70 |
| Median comp | €342,500 | €1,808 | 9.0% | 55 | 70 |
Long-term rental The property has a gross yield of 5.4%, which indicates a reasonable return potential in the long-term rental market. However, the condition score of 39/100 suggests that significant renovations may be required to meet tenant expectations and attract higher-quality renters. Buy-and-hold While the property is currently listed for €300,000, the fair value is estimated at €271,504, reflecting a gap of 10.5%. Given the neighborhood's solid amenities and a favorable economic backdrop, holding this property could yield positive returns if property values in the area appreciate over time. Family rental With a spacious 151m² layout and a favorable neighborhood score of 70/100, this apartment could appeal to families looking for a long-term residence. However, the higher listing price suggests that prospective landlords should consider the potential for maintaining profitability amidst renovation needs before committing to this strategy.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of tenant turnover, potentially leading to increased vacancy rates and loss of 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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