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 house of 114 m², built in 1951, energy rating F. Located on alameda no Centr, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This cozy house offers two distinct outdoor terraces, including a spacious 30 m² terrace perfect for outdoor dining and leisure activities in an urban setting. Investment Insight: The property has a Local Accommodation license, with a documented annual revenue potential of approximately €40,000, highlighting its strong investment appeal.
The valuation. The asking price of €337,000 is significantly below fair value of €423,538, indicating a discount of €86,538 (20.4%). This property is clearly underpriced, presenting a valuable opportunity for savvy investors.
Fair value modelled at €423,538 from 6 comparable sales in the area. Asking €337,000 sits €86,538 (20.4%) below — the upside to fair value.
Asking €337,000 versus the alameda no Centr area baseline of €347,347 (€3,047/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €347,347, adjusted for condition and micro-location, gives a modelled fair value of €423,538 (€3,715/m²), a €86,538 (20.4%) gap versus the €337,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| alameda no Centr | Subject | €337,000 | €2,956 | — | 74 | 73 |
| rua Oleiros, 81 | Active | €385,000 | €3,182 | 7.6% | 80 | 74 |
| rua Gomes Freire | Active | €349,900 | €4,928 | 66.7% | 77 | 70 |
| travessa da Corredoura, 241 | Active | €258,000 | €3,739 | 26.5% | 80 | 73 |
| Santa Marinha e São Pedro da Afurada · f10c5c | Active | €299,000 | €3,691 | 24.9% | 75 | 76 |
| Median comp | €324,450 | €3,715 | 25.7% | 79 | 74 |
Long-term rental This property presents an attractive opportunity for long-term rental, with a gross yield of 3.9% while being subvalued at €337,000 compared to the fair value of €423,538. Given Porto's diverse employment opportunities and the decent condition score of 77/100, it is positioned to attract quality tenants for stable rental income. Family rental With its two bedrooms and ample space of 114m², this house is well-suited for family rental in a suburban setting, enhancing its appeal to families seeking comfortable living in Vila Nova de Gaia. The neighborhood's score of 73/100 indicates a reasonable standard of amenities and services, essential for family-oriented tenants. Buy-and-hold The buy-and-hold strategy is compelling given the current price of €337,000, which is significantly below the fair value of €423,538, suggesting future appreciation potential. This investment aligns well with the growing urban demand in Porto's outskirts, making it a prudent addition to a real estate portfolio for long-term capital gains.
Tenant Stability Risk With a tenant stability score of 65/100, there is a significant risk of tenant turnover, which could affect cash flow stability and rental income predictability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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