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 137 m², built in 2020, energy rating A. Located on rua Manuel da Rocha Páris, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes underfloor heating in bathrooms and a central vacuum system, enhancing overall comfort and convenience in daily living.
The valuation. The asking price of €450,000 is significantly below its fair value of €558,182, making it appear attractive at a discount of €108,182 (19.4%). This property is clearly underpriced in the current market.
Fair value modelled at €558,182 from 6 comparable sales in the area. Asking €450,000 sits €108,182 (19.4%) below — the upside to fair value.
Asking €450,000 versus the rua Manuel da Rocha Páris area baseline of €477,339 (€3,484/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €477,339, adjusted for condition and micro-location, gives a modelled fair value of €558,182 (€4,074/m²), a €108,182 (19.4%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel da Rocha Páris | Subject | €450,000 | €3,285 | — | 88 | 72 |
| rua António Joaquim Simão da Mota | Active | €425,000 | €3,373 | 2.7% | 85 | 69 |
| Santa Marinha e São Pedro da Afurada · bf27b5 | Active | €630,000 | €4,846 | 47.5% | 78 | 72 |
| Santa Marinha e São Pedro da Afurada · 3d9608 | Active | €495,000 | €3,511 | 6.9% | 78 | 70 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 89e6f7 | Active | €1,025,000 | €4,638 | 41.2% | 87 | 75 |
| Median comp | €562,500 | €4,075 | 24.0% | 82 | 71 |
Long-term rental The property in Santa Marinha e São Pedro da Afurada presents an attractive long-term rental opportunity, given its fair value of €558,182, significantly above the listing price of €450,000. With a gross yield of 3.2% and a good condition rating of 82/100, this investment capitalizes on the area's growing economic status. Family rental This apartment is well-suited for family rentals, as it boasts a spacious 137m² layout and is located in a suburban area known for its strong amenities and tenant quality. The fair value gap of 19.4% indicates potential for solid appreciation, making it a strategic choice for families seeking stability and comfort. Buy-and-hold Investing in this property as a buy-and-hold asset is advantageous, considering its substantial fair value compared to the current listing price, which suggests a promising pathway toward value growth. The combination of a favorable yield and neighborhood ratings supports long-term holding for capital appreciation in a vibrant market like Vila Nova de Gaia.
Tenant turnover risk High tenant turnover may occur due to both economic and tenant stability scores of 70/100, potentially leading to increased vacancies and costs.
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