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 166 m² on the 5th floor, built in 2001, energy rating C. Located on avenida dos Descobrimentos, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment boasts a large living room with a heat recovery system, enhancing energy efficiency and comfort throughout the year.
The asking price is above the fair value, indicating a potential overvaluation of the property. The estimated gross yield is 6%.
The fair value of this property is determined by a blend of two models: the Transaction model, which uses real transaction data from 1,076 sales in Vila Nova de Gaia, and the Adjusted asking-price model, based on current listings adjusted to sale prices. Both models are weighted equally, each contributing 50% to the final fair value. For this property, no conservative adjustments were necessary. The resulting fair value is €341,000, indicating that the asking price is above the fair value. Thus, the asking price is above the fair value, representing a 27.3% downside compared to the asking price.
Gross yield 6% (before costs)
No specific strategy stands out for this property.
Investors should carefully consider that the asking price of €470,000 for this 166m², 3-bedroom apartment in Santa Marinha e São Pedro da Afurada is significantly above its fair value of €341,000, indicating a 27.3% downside against the asking price. The property is in reasonably good condition with a score of 76 out of 100, but the neighborhood has a lower score of 50, which may affect the overall investment attractiveness.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is low at 50/100, and tenant stability is also low at 50/100, indicating potential challenges in both tenant retention and overall market conditions.
Grade CFindings: 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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