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 apartment of 88 m² on the 2nd floor. Located on praceta Petit Quevilly, 34, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment boasts a charming west-facing balcony off the living room, enhancing outdoor enjoyment during warm evenings, and a secure parking space in a controlled-access area.
The valuation. The asking price of €285,000 sits slightly above the fair value of €276,334 by €8,666 (3.1%). This verdict indicates that the property is valued at a fair price considering its features and condition.
Fair value modelled at €276,334 from 6 comparable sales in the area. Asking €285,000 sits €8,666 (3.1%) above — overpriced versus fair value.
Asking €285,000 versus the praceta Petit Quevilly, 34 area baseline of €233,344 (€2,652/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 €233,344, adjusted for condition and micro-location, gives a modelled fair value of €276,334 (€3,140/m²), a €8,666 (3.1%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Petit Quevilly, 34 | Subject | €285,000 | €3,239 | — | 65 | 69 |
| rua Florbela Espanca | Active | €289,500 | €3,016 | 6.9% | 70 | 76 |
| rua do Jardim | Active | €270,000 | €3,214 | 0.8% | 66 | 75 |
| rua de Diogo Botelho | Active | €375,000 | €3,750 | 15.8% | 70 | 76 |
| travessa Tenente Valadim S / N | Active | €275,000 | €2,183 | 32.6% | 75 | 80 |
| Median comp | €282,250 | €3,115 | 3.8% | 70 | 76 |
Long-term rental This 2-bed apartment in Santa Marinha e São Pedro da Afurada offers a gross yield of 4%, making it a stable choice for long-term rental investors. Given its fair value assessment, it aligns well with the current market conditions for suburban rentals near Porto. Family rental This property is adequately positioned for family rentals, given the typical safety of suburban Portugal and access to local amenities and schools. While priced fairly, its yield and neighborhood quality may appeal to families seeking longer-term housing options. Buy-and-hold As a buy-and-hold investment, this apartment presents a moderate opportunity in a suburban area with stable rental demand near Porto. Although it is assessed as fair in value, the eventual growth potential lies in the increasing desirability of suburban living. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Potential tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of tenant turnover, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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