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 136 m², built in 2006, energy rating D. Located Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This apartment features granite countertops in the kitchen and is equipped with a spacious garage suitable for four cars and additional storage space.
The valuation. The asking price of €279,000 is €19,539 (7.5%) above the fair value of €259,461, indicating this property is fairly priced. This suggests a balanced market position that aligns closely with its intrinsic value.
Fair value modelled at €259,461 from 5 comparable sales in the area. Asking €279,000 sits €19,539 (7.5%) above — overpriced versus fair value.
Asking €279,000 versus the Grijó e Sermonde, Vila Nova de Gaia, Porto area baseline of €317,390 (€2,334/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €317,390, adjusted for condition and micro-location, gives a modelled fair value of €259,461 (€1,908/m²), a €19,539 (7.5%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Grijó e Sermonde · 51ccbf | Subject | €279,000 | €2,051 | — | 72 | 73 |
| rua Mãe d'Água | Active | €269,000 | €1,908 | 7.0% | 75 | 67 |
| rua do Coteiro | Active | €280,000 | €2,000 | 2.5% | 76 | 71 |
| rua da Guarda | Active | €315,000 | €1,875 | 8.6% | 68 | 71 |
| rua Coteiro, 159 | Active | €260,000 | €1,970 | 4.0% | 72 | 74 |
| Median comp | €274,500 | €1,939 | 5.5% | 74 | 71 |
Family rental This property is suitable for families seeking residential accommodation in a suburban area with a decent neighbourhood rating of 73/100. The yield of 3.6% gross indicates a stable return, although it remains priced at a fair value without significant discounts. Long-term rental With a fair value assessment of €259,461, the listing price of €279,000 presents a minimal gap of 7.5%, suggesting careful consideration is required for long-term rental investments. The property’s condition rating of 75/100 allows for attracting reliable tenants, yet it does not offer a substantial investment upside at its current valuation. Buy-and-hold The property's location in Grijó e Sermonde provides long-term holding potential due to its proximity to Porto, which supports economic stability. However, with the property priced at fair market value, buyers should temper expectations regarding immediate investment returns. Not ideal for luxury market The suburban nature and overall property valuation do not align with luxury market expectations, limiting appeal to high-end clientele. Therefore, pursuing luxury buyers may result in prolonged market exposure. Not ideal for short-term vacation rental Given the residential characteristics of the area, the property is ill-suited for short-term vacation rental purposes, which typically demand prime urban locations. Consequently, expected yields may disappoint in this segment. Not ideal for student housing The current location and property type are not conducive to student housing demands, which often require proximity to universities and vibrant social scenes. As such, pursuing this strategy may lead to lower occupancy rates and diminished rental income potential.
Economic downturn exposure: With both Economic and Tenant Stability scores at 75/100, there is a risk of vulnerability to economic downturns, potentially affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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