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, 1-bathroom apartment of 86 m² on the 6th floor, built in 1984, energy rating D. Located Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The property boasts unobstructed views of the surrounding area and is conveniently located just 450 meters from the future metro line and Arrábida Shopping, enhancing its accessibility.
The valuation. The asking price of €260,000 sits below the fair value of €293,394, indicating a potential opportunity for buyers with a difference of €33,394 (11.4%). Verdict: underpriced.
Fair value modelled at €293,394 from 6 comparable sales in the area. Asking €260,000 sits €33,394 (11.4%) below — the upside to fair value.
Asking €260,000 versus the Santa Marinha e São Pedro da Afurada, Vila Nova de Gaia, Porto area baseline of €251,553 (€2,925/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €251,553, adjusted for condition and micro-location, gives a modelled fair value of €293,394 (€3,412/m²), a €33,394 (11.4%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Santa Marinha e São Pedro da Afurada · 76aed6 | Subject | €260,000 | €3,023 | — | 65 | 78 |
| Mafamude e Vilar do Paraíso · a467a8 | Active | €173,000 | €2,746 | 9.2% | 65 | 73 |
| Santa Marinha e São Pedro da Afurada · 49b66c | Active | €289,000 | €3,360 | 11.2% | 70 | 64 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 38b641 | Active | €335,000 | €4,188 | 38.5% | 70 | 82 |
| rua da Constituição | Active | €355,000 | €5,000 | 65.4% | 74 | 76 |
| Median comp | €312,000 | €3,774 | 24.8% | 70 | 75 |
Long-term rental This 3-bed apartment in Vila Nova de Gaia offers a competitive gross yield of 5.8%, making it an attractive option for long-term rental investments. With a fair value of €293,394, the property is currently listed at €260,000, presenting an 11.4% gap that enhances its appeal for stable cash flow generation. Buy-and-hold As Porto continues to grow, this property benefits from the city's robust amenities and employment opportunities, improving its long-term appreciation potential. The current listing price reflects a strategic entry point below the fair value, positioning it well for a buy-and-hold strategy. Value-add renovation With a condition rating of 70/100, there is room to increase both the property's value and rental income through targeted renovations. The existing gap between the listing price and fair value suggests that post-renovation, this investment could yield significant returns in an improving neighborhood. Short-term rental While the current structure may not be ideal for short-term rental due to its 70/100 condition and location specifics, investors should consider alternative rental strategies for steady income. The robust long-term rental yields present a more favorable opportunity in this competitive housing market. Luxury market The property does not align with luxury market expectations given its condition and neighborhood rating of 78/100. Investors should seek other avenues that cater specifically to high-end clientele rather than focusing on this property for luxury ventures.
Potential Tenant Turnover Risk The tenant stability score of 75/100 indicates a moderate risk of turnover, which could disrupt cash flow and increase vacancy rates.
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