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 84 m², energy rating D. Located on rua Diogo de Silves, 33, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. Notable Feature: The apartment boasts a dedicated pantry, enhancing organizational efficiency in the kitchen while maintaining the sleek modern design throughout the living spaces.
The valuation. The asking price of €299,500 is significantly above the fair value of €232,952, representing an overvaluation of €66,548 (22.2%). This property does not offer a compelling opportunity for investors looking for value. Buy-to-flip angle. With high-quality finishes throughout the 84m² apartment, a resale strategy focusing on aesthetic appeal could attract buyers, although the current price limits potential profit margins. A market adjustment would be necessary to realize a successful flip. Buy-to-let angle. With an estimated gross yield of 3.8% based on €948/month, this apartment is suitable for a long-term rental strategy, targeting families who value good transport links to Porto. However, the current asking price may hinder profitability.
Fair value modelled at €298,287 from 6 comparable sales in the area. Asking €280,000 sits €18,287 (6.1%) below — the upside to fair value.
Asking €280,000 versus the rua Diogo Silves area baseline of €256,150 (€3,049/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 is above the parish average, lifting 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 €256,150, adjusted for condition and micro-location, gives a modelled fair value of €298,287 (€3,551/m²), a €18,287 (6.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Diogo Silves | Subject | €280,000 | €3,333 | — | 80 | 74 |
| rua Diogo de Silves, 18 | Active | €299,500 | €3,565 | 7.0% | 78 | 76 |
| Oliveira do Douro · 162559 | Active | €250,000 | €2,660 | 20.2% | 73 | 67 |
| parque da Lavandeira | Active | €290,000 | €3,537 | 6.1% | 81 | 69 |
| avenida da República | Active | €360,000 | €3,600 | 8.0% | 75 | — |
| Median comp | €294,750 | €3,551 | 6.5% | 77 | 69 |
Long-term rental The property is overpriced by 22.2% compared to its fair value, which could limit potential returns in the long-term rental market. With a gross yield of 3.8%, this investment may not provide adequate cash flow given the high entry price. Family rental Due to its current pricing, this apartment may struggle to attract families seeking value for their rental budget, resulting in longer vacancy periods. The median rent might not cover the property’s purchase cost effectively, given the neighborhood's quality score of 74/100. Buy-and-hold Investors looking for a buy-and-hold strategy may find this property less appealing because of its significant pricing discrepancy from fair value. This mispricing could hinder long-term appreciation potential, particularly in a neighborhood rated at 74/100 and with a rating of only 79/100 for property condition.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover, which could lead 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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