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 120 m², built in 2000. Located Madalena parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: The apartment includes a heat recovery system for efficient climate control and a pantry that enhances kitchen storage functionality, appealing to those valuing modern living conveniences.
The valuation. The asking price of €289,000 is significantly below the fair value of €410,276, representing an underpricing of €121,276 (29.6%). This presents an attractive opportunity for potential investors.
Fair value modelled at €410,276 from 6 comparable sales in the area. Asking €289,000 sits €121,276 (29.6%) below — the upside to fair value.
Asking €289,000 versus the Madalena, Vila Nova de Gaia, Porto area baseline of €389,168 (€3,243/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 is below the parish average, reducing 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 €389,168, adjusted for condition and micro-location, gives a modelled fair value of €410,276 (€3,419/m²), a €121,276 (29.6%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Madalena · 467fe2 | Subject | €289,000 | €2,408 | — | 75 | 72 |
| Madalena · 28bc9a | Active | €320,000 | €3,200 | 32.9% | 70 | 72 |
| Madalena · 0022b7 | Active | €295,000 | €3,471 | 44.1% | 68 | 71 |
| rua Escola do Maninho | Active | €380,000 | €2,568 | 6.6% | 74 | 73 |
| rua Manuel Alves Moreira S / N | Active | €245,000 | €4,224 | 75.4% | 73 | 73 |
| Median comp | €307,500 | €3,336 | 38.5% | 72 | 73 |
Long-term rental The 2-bed apartment in Madalena presents a compelling long-term rental opportunity with a gross yield of 4.8%, which is attractive given its proximity to Porto's city center. With a fair value of €410,276 and a listing price of €289,000, this property is clearly subvalued by 29.6%. Buy-and-hold The buy-and-hold strategy is well-supported by the property’s potential for appreciation, considering the substantial fair value gap indicative of future market correction. Given the solid condition score of 72/100 and the favorable amenities in the neighborhood, this investment is positioned for long-term gains. Value-add renovation Investing in value-add renovations could significantly enhance the property’s appeal, particularly as it already has a reasonable condition score of 72/100. The current fair value suggests that strategic improvements could not only elevate rental income but also increase property valuation in a market poised for upward movement.
Tenant turnover risk High tenant stability at 65/100 suggests a potential for higher turnover rates, which may lead to increased vacancy periods and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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