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 penthouse of 150 m² on the 5th floor, built in 2000, energy rating C. Located on avenida dos Descobrimentos, 370, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This penthouse features expansive east-facing balconies that offer stunning, unobstructed views of the city skyline, perfect for enjoying morning sunrises.
The asking price of €470,000 is above our fair value estimate of €341,000, indicating a potential downside of 27.4% against the asking price. Confidence in this fair value is medium. Rental yield is estimated at 5.8%, which amounts to approximately €2,272 per month before costs and vacancy.
The asking price is above the fair value. This property's fair value combines two models: the Transaction model, which uses real transaction data from Vila Nova de Gaia, and the Adjusted asking-price model, based on current listings. Each model accounts for 50% of the final fair value, with no conservative adjustments applied here. As a result, the fair value is set at €341,000, indicating a significant difference. The asking price is €470,000, resulting in a gap of €129,000, or 27.4% downside compared to the asking price, leading to a medium confidence level.
Gross yield 5.8% (before costs)
No specific strategy stands out for this property.
Investors should consider that the asking price of €470,000 is above the fair value of €341,000, indicating a notable potential downside of 27.4% relative to the asking price. The property features a decent condition rating of 77/100 but is situated in a neighborhood assessed at only 50/100, which may raise concerns about long-term value retention in this area.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With an economic stability score of 50/100 and a tenant stability score of 50/100, there is a significant risk regarding the sustainability of the property's rental income in a potentially unstable housing market. Fair value certainty risk The fair value is assessed at €341,000, but with a medium confidence level due to the municipality being on watch against INE and the absence of transaction micro-location data for this address, which raises questions about the valuation's reliability.
Grade BFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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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