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 225 m². Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The Lake Towers complex offers an impressive indoor pool and Turkish bath, enhancing the luxury experience of the apartment while promoting a healthy lifestyle.
The valuation. The asking price of €585,000 is below fair value by €68,247 (10.4%), which positions the property as an attractive opportunity for investors seeking value. The estimated fair value stands at €653,247.
Fair value modelled at €653,247 from 6 comparable sales in the area. Asking €585,000 sits €68,247 (10.4%) below — the upside to fair value.
Asking €585,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €465,014 (€2,067/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €465,014, adjusted for condition and micro-location, gives a modelled fair value of €653,247 (€2,903/m²), a €68,247 (10.4%) gap versus the €585,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 53caf2 | Subject | €585,000 | €2,600 | — | 82 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 1e6551 | Active | €430,000 | €2,704 | 4.0% | 78 | 79 |
| rua do Campo Alegre | Active | €590,000 | €3,089 | 18.8% | 75 | 74 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · b45320 | Active | €350,000 | €3,043 | 17.1% | 75 | 75 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 1e6624 | Active | €525,000 | €2,763 | 6.3% | 74 | 70 |
| Median comp | €477,500 | €2,903 | 11.7% | 75 | 75 |
Long-term rental The apartment's fair value of €653,247 suggests that it is underpriced at €585,000, providing a strong position for long-term rental investment. With a gross yield of 4.1%, investors can anticipate a steady income stream within a stable economic environment. Family rental Given its spacious 225m² layout and adequate condition rating of 85/100, this property is well-suited for family rentals, appealing to families seeking comfort and space. The underpricing relative to fair value offers a compelling opportunity to tap into a demographic that values community and convenience in Santa Marinha e São Pedro da Afurada. Value-add renovation The property’s current condition rating of 85/100 allows for potential value-add renovations that could enhance its appeal and market value. With a fair value gap of 10.4%, investing in strategic upgrades could significantly increase returns while benefiting from the underpriced nature of the property.
Economic downturn impact With an economic stability score of 80/100, the property may be at risk of declining rents or vacancies if local economic conditions worsen significantly.
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