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 160 m² on the 4th floor, built in 2004, energy rating C. Located on rua de Soares dos Reis, Mafamude e Vilar do Paraíso parish, Vila Nova de Gaia municipality, Porto district. This apartment features a heat recuperator system, enhancing energy efficiency while providing a comfortable living environment throughout the seasons.
The asking price of €399,000 is above our assessed fair value of €356,000, leading to a downside of €43,000 or 10.8% versus the asking price. Confidence in this fair value is medium.
The asking price is above the fair value. We built the property's fair value first using the Transaction model, which relies on real transaction data from 1,076 sales in Vila Nova de Gaia. Next, we used the Adjusted asking-price model, which adjusts current listings to reflect actual sale prices. These two models are then combined in equal parts (50% each). Given that no conservative adjustments were applied to this property, the resulting fair value stands at €356,000. Therefore, the asking price is €399,000, reflecting a significant €43,000 (10.8% downside) above the fair value, with a medium confidence level.
Gross yield 5.9% (before costs)
This 3-bed apartment in Mafamude e Vilar do Paraíso, with a gross yield of 5.9%, presents a compelling opportunity for rental income despite the asking price exceeding fair value by 10.8%. The property's condition, rated at 77 out of 100, indicates a solid investment needing minimal immediate work, although the neighborhood score of 50 out of 100 highlights some limitations. Therefore, while the apartment offers decent potential for income generation, it is essential to consider the relative pricing and local dynamics before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of reduced demand and potential income volatility from the property due to possible economic downturns or higher tenant turnover rates. Fair value certainty risk The valuation carries a medium confidence level due to the municipality being under watch against INE and the lack of transaction micro-location data, which introduces uncertainty regarding the fair value of €356,000.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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