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, 2-bathroom apartment of 140 m², built in 2001, energy rating D. Located on rua Paço, 661, Avintes parish, Vila Nova de Gaia municipality, Porto district. This apartment boasts a glass-enclosed balcony, offering versatile outdoor space year-round, and features recessed LED lighting throughout for an enhanced modern ambiance.
The asking price of €315,000 is above the fair value of €296,000, indicating a downside of €19,000, or 6.1%. This property should not be considered a deal. Rental income. The estimated gross yield of 5.1% aligns well with the rental income strategy, as it is above the national median range, making it a financially viable option.
The property's fair value is based on two models: the Transaction model, which uses real transaction data from 91 recorded sales in Avintes, and the Adjusted asking-price model, which adjusts current listings to reflect actual sale levels. These models are combined using a 55% weight for the Transaction model and 45% for the Adjusted asking-price model. No conservative adjustments were applied to this property. As a result, the fair value is determined to be €296,000. Given this, the asking price is above the fair value, indicating a downside of 6.1% from the asking price. Confidence in this valuation is high.
Gross yield 5.1% (before costs)
The property is positioned in a moderate neighbourhood and is currently listed at €315,000, which reflects a 6.1% downside compared to its fair value of €296,000, underscoring that the asking price exceeds the fair market assessment. Despite this overvaluation, the apartment offers a gross rental yield of 5.1%, suggesting potential for consistent rental income above the national average prior to costs and management fees. Given its condition rating of 80/100, the apartment is sufficiently maintained, making it a suitable option for investors focused on the rental market in Vila Nova de Gaia.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a moderate risk of financial instability in the area and potential tenant turnover. Data-quality risk The listings of this property disagree, raising concerns about the accuracy and reliability of the data presented regarding its valuation.
Grade DFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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