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, 1-bathroom house of 50 m², built in 1982, energy rating C. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This property includes a spacious outdoor area suitable for gardening or entertaining, enhancing its appeal despite the indoor condition issues.
The valuation. The asking price of €230,000 is above the fair value of €212,963, representing a €17,037 (8.0%) premium. This assessment indicates the property is fairly priced in the current market. Buy-to-flip angle. With refurbishments expected to enhance appeal and value, a buy-to-flip strategy could target a resale at a higher price after necessary updates and improvements, leveraging the potential appreciation based on location. Buy-to-let angle. The property could generate an estimated rental income of €958/month, yielding approximately 5%, providing a steady cash flow for long-term investment in a market with moderate stability and growth potential.
Fair value modelled at €212,963 from 6 comparable sales in the area. Asking €230,000 sits €17,037 (8.0%) above — overpriced versus fair value.
Asking €230,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €226,381 (€4,528/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 30/100 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 €226,381, adjusted for condition and micro-location, gives a modelled fair value of €212,963 (€4,259/m²), a €17,037 (8.0%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 2ce2cd | Subject | €230,000 | €4,600 | — | 38 | 68 |
| avenida Gomes Júnior, 598 | Active | €350,000 | €5,833 | 26.8% | — | 73 |
| Oliveira do Douro · 483d9c | Active | €175,000 | €1,346 | 70.7% | — | 64 |
| Canidelo · b7c2a8 | Active | €750,000 | €7,009 | 52.4% | — | 75 |
| Madalena · 89e5ce | Active | €290,000 | €2,685 | 41.6% | 38 | 65 |
| Median comp | €320,000 | €4,259 | 7.4% | 38 | 69 |
Long-term rental The 5% gross yield indicates a stable income potential that aligns with the property’s fair valuation. However, ongoing repairs may be necessary due to the property's condition rating of 30/100, which could affect cash flow. Family rental Given the proximity to Porto and amenities, the property can attract families looking for longer-term housing solutions. The neighbourhood score of 68/100 suggests a reasonable quality of life, supporting a stable tenant base despite the house's condition. Buy-and-hold The fair value assessment at €212,963 implies that the current listing price is reasonable for a long-term investment, particularly in a market with consistent demand. However, renovation costs must be considered due to the property's low condition rating, potentially impacting overall returns.
Tenant turnover risk The tenant stability score of 60/100 indicates a higher likelihood of vacancies or instability in 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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