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 136 m², built in 2003, energy rating D. Located Fornelo e Vairão parish, Vila do Conde municipality, Porto district. This apartment features an extraordinary 59m² terrace, perfect for entertaining, along with a fireplace that adds warmth and ambiance to the cozy living space.
The valuation. The asking price of €285,000 sits significantly above the fair value of €235,592, reflecting a premium of €49,408 (17.3%). This indicates the property is overpriced relative to its market value.
Fair value modelled at €235,592 from the area baseline, adjusted for condition and location. Asking €285,000 sits €49,408 (17.3%) above — overpriced versus fair value.
Asking €285,000 versus the Fornelo e Vairão, Vila do Conde, Porto area baseline of €305,728 (€2,248/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 76 · Materials 85 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 77 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Fornelo e Vairão, Vila do Conde, Porto
Area baseline €305,728 + condition +€13,600 + location +€15,680 = modelled fair value of €235,592 (€1,732/m²), a €49,408 (17.3%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fornelo e Vairão · 9372e0 | Subject | €285,000 | €2,096 | — | 76 | 69 |
| rua Central de Vairão, 130 | Active | €239,000 | €2,343 | 11.8% | 70 | 71 |
| Malta e Canidelo · e40b0d | Active | €157,500 | €1,500 | 28.4% | 75 | 67 |
| rua Azevedo | Active | €290,000 | €1,908 | 9.0% | 73 | 65 |
| Malta e Canidelo · dee5b9 | Active | €255,000 | €2,257 | 7.7% | 70 | 71 |
| Median comp | €247,000 | €2,083 | 0.6% | 72 | 69 |
Family rental This property, with its price at €285,000, is clearly overpriced compared to its fair value of €235,592, resulting in a significant 17.3% gap. The lack of rental yield at 0% and a moderate neighborhood score of 69 suggest that it may not attract families looking for long-term stability. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is not advisable due to its current valuation being above fair market value by 17.3%. With a condition score of 81 indicating decent quality but no potential for rental income, long-term appreciation is uncertain. Long-term rental Aiming for a long-term rental strategy with this overpriced property could lead to financial strain, as its value exceeds the justified fair price by 17.3%. The poor yield of 0% further complicates its attractiveness as a sustainable investment choice in the suburban market of Vila do Conde.
Tenant retention risk With a tenant stability score of 65/100, there is an increased likelihood of tenant turnover, which could lead to potential vacancy losses and higher re-leasing costs.
