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 99 m² on the 1st floor, built in 1995, energy rating D. Located on rua Luís de Camões, 173, Santa Marinha e São Pedro da Afurada parish, Vila Nova de Gaia municipality, Porto district. This apartment features a charming balcony that offers serene outdoor relaxation while being just a short walk from the beach and local amenities.
The valuation. The asking price of €655,000 is significantly above the fair value of €273,009, sitting at a staggering €381,991 (139.9%) over. Verdict: overpriced.
Fair value modelled at €273,009 from 6 comparable sales in the area. Asking €655,000 sits €381,991 (139.9%) above — overpriced versus fair value.
Asking €655,000 versus the rua Luís de Camões, 173 area baseline of €220,182 (€2,224/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €220,182, adjusted for condition and micro-location, gives a modelled fair value of €273,009 (€2,758/m²), a €381,991 (139.9%) gap versus the €655,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luís de Camões, 173 | Subject | €655,000 | €6,616 | — | 75 | 72 |
| Madalena · 467fe2 | Active | €289,000 | €2,408 | 63.6% | 75 | 72 |
| avenida João de Deus, 48 | Active | €450,000 | €4,787 | 27.6% | 75 | 78 |
| rua Diogo de Silves, 18 | Active | €299,500 | €3,565 | 46.1% | 78 | 76 |
| rua Manuel da Cunha Moreira, 106 | Active | €395,000 | €2,948 | 55.4% | 77 | 69 |
| Median comp | €347,250 | €3,257 | 50.8% | 76 | 74 |
Long-term rental The property offers a low gross yield of 1.8%, indicating it is not a viable long-term rental investment considering its purchase price of €655,000. Additionally, the significant gap of 139.9% from its fair value of €273,009 further highlights that the investment is overpriced for this strategy. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its overpriced nature, as reflected by the fair value gap and the inadequate yield of 1.8%. With the property being significantly above fair market value at €655,000, potential appreciation does not justify this investment. Family rental While the neighbourhood has decent amenities and a reasonable safety rating, the gross yield of 1.8% signals that the property is overpriced for family rental purposes. Coupled with the fair value discrepancy of 139.9%, investing here is likely to underperform expectations in a family rental market.
Tenant turnover risk The tenant stability score of 65/100 indicates potential volatility in tenant retention, which may 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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