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 82 m², built in 2000, energy rating D. Located on rua António Pereira Cadeco, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This ground-floor apartment includes a private terrace perfect for outdoor relaxation and is situated in a prime location just steps from the beach for easy access to coastal activities.
The valuation. The asking price of €299,000 is significantly above the fair value of €134,924, representing an overvaluation of €164,076, or 54.9%. This premium is not justified based on the market conditions. Buy-to-flip angle. The buy-to-flip strategy may be less viable given the current asking price, as the resale potential is hampered by the high entry cost and market demand. A lower acquisition price would be critical to achieve a profitable flip. Buy-to-let angle. With an estimated rental income of €772/month, the property shows a gross yield of 3.1%, which is relatively low compared to market averages. This moderate yield may limit long-term investment appeal and impact cash flow.
Fair value modelled at €125,061 from the area baseline, adjusted for condition and location. Asking €299,000 sits €173,939 (58.2%) above — overpriced versus fair value.
Asking €299,000 versus the rua António Pereira Cadeco area baseline of €114,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 57/100 (Housing Market 50 · Amenities 60 · Economic 60 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua António Pereira Cadeco
Area baseline €114,800 + condition +€7,047 + location +€3,214 = modelled fair value of €125,061 (€1,525/m²), a €173,939 (58.2%) gap versus the €299,000 asking price.
Long-term rental The 2-bed apartment in Vila do Conde, priced at €299,000, is currently overpriced with a significant gap of 54.9% from its fair value of €134,924. With a gross yield of only 3.1%, the investment does not provide a compelling return for long-term rental prospects. Family rental Despite the property's potential for family rental, its current price indicates a significant overvaluation relative to the fair market value of €134,924. Additionally, the neighborhood score of 57/100 suggests that there may be better options available for families seeking rental properties. Buy-and-hold The buy-and-hold strategy for this apartment is not advisable, as the property is overpriced at €299,000 compared to a fair value of €134,924, representing a 54.9% gap. With a condition score of 81/100, while decent, it does not justify the inflated purchase price for long-term investment. Not ideal for luxury market This property, while reasonable in condition, is not suited for the luxury market due to its substantial price overvaluation. The metrics suggest that luxury buyers would find better alternatives. Not ideal for short-term vacation rental The short-term vacation rental market may not be a suitable fit for this apartment, as its pricing is steep relative to fair value considerations. Additionally, the neighborhood’s amenities score of 57/100 limits its attractiveness for vacation renters. Not ideal for student housing The 2-bed apartment is overpriced and thus does not align with the cost-effective nature of student housing needs. Furthermore, the proximity to higher-education institutions may not compensate for the elevated price point.
Economic and Tenant Instability Risk With an economic stability score of 60/100 and a tenant stability score of 55/100, there is a heightened risk of fluctuations in rental income and potential vacancy issues due to less stable economic conditions and tenant reliability.
