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, 4-bathroom apartment of 118 m² on the 5th floor, energy rating A+. Located on rua 28 de Janeiro S / N, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment features extensive natural light from its large, floor-to-ceiling glass doors, enhancing both the spaciousness and aesthetic appeal of the living area. Outdoor Space: The expansive 45.20 m² balcony is perfect for entertaining or enjoying serene views.
The valuation. The asking price of €490,000 is slightly below the fair value of €504,799, representing a difference of €14,799, or 2.9%. The property's valuation is deemed fair. Buy-to-flip angle. A resale strategy focusing on upscale buyers could yield attractive returns, particularly given the apartment's high-standard contemporary features. Targeting a sale price above €504,799 would maximize profitability. Buy-to-let angle. With an estimated rental income of €1,143/month, the gross yield is roughly 2.8%. This income supports a stable buy-and-hold strategy, appealing to families seeking modern living in the Porto metro area.
Fair value modelled at €504,799 from 6 comparable sales in the area. Asking €490,000 sits €14,799 (2.9%) below — the upside to fair value.
Asking €490,000 versus the rua 28 de Janeiro S / N area baseline of €406,061 (€3,441/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 €406,061, adjusted for condition and micro-location, gives a modelled fair value of €504,799 (€4,278/m²), a €14,799 (2.9%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 28 de Janeiro S / N | Subject | €490,000 | €4,153 | — | 94 | 81 |
| rua António Joaquim Simão da Mota | Active | €570,000 | €2,209 | 46.8% | 82 | 78 |
| rua da Pedra do Cão, 322 | Active | €785,000 | €4,266 | 2.7% | 80 | 68 |
| rua das Fábricas S / N | Active | €545,000 | €3,132 | 24.6% | 80 | 78 |
| Lordelo do Ouro e Massarelos · 101b35 | Active | €1,650,000 | €7,333 | 76.6% | 85 | 78 |
| Median comp | €677,500 | €3,699 | 10.9% | 81 | 78 |
Long-term rental This 3-bed apartment offers a gross yield of 2.8%, which aligns with the current rental market dynamics in the Porto metro area. Given that the property is fairly valued at €490,000, it provides a stable option for long-term rental without significant appreciation potential. Buy-and-hold Investing in this apartment as a buy-and-hold strategy can be considered reasonable due to its fair value of €490,000 compared to the estimated fair market value of €504,799. While the yield is modest at 2.8%, the overall condition and neighborhood quality may support steady rental income over time. Family rental The property’s location in a well-rated neighborhood (81/100) makes it suitable for family rentals, providing a comfortable living environment. Despite the slight gap from the fair value, at €490,000, it remains adequately priced for families seeking a stable home in Vila Nova de Gaia.
Tenant turnover risk: With a tenant stability score of 78/100, there is a significant chance of tenant turnover, which could lead to increased vacancy periods and potential 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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