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 113 m², energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment includes a generous 30 m² terrace perfect for outdoor entertainment and a dedicated 12 m² garage space ensuring convenience and security for residents.
The valuation. The asking price of €299,000 is significantly above fair value, which is set at €173,253, resulting in an overpriced property by €125,747 (42.1%). This indicates a lack of alignment with market expectations. Buy-to-flip angle. A resale or wholesale strategy could target a quick renovation, leveraging the apartment's high-quality fixtures, to capitalize on the local demand and potentially fetch a higher sale price in a profitable flip within 6-12 months. Buy-to-let angle. The property offers an estimated rental income of €947 per month, equating to a gross yield of 3.8%, providing an attractive option for long-term family rentals, especially given its mixed neighborhood rating and decent condition.
Fair value modelled at €173,253 from the area baseline, adjusted for condition and location. Asking €299,000 sits €125,747 (42.1%) above — overpriced versus fair value.
Asking €299,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €284,647 (€2,519/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 79 · Materials 82 · Room dimensions 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 59/100 (Housing Market 60 · Amenities 55 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Vila do Conde, Vila do Conde, Porto
Area baseline €284,647 + condition +€9,358 + location +€5,695 = modelled fair value of €173,253 (€1,533/m²), a €125,747 (42.1%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 0019a4 | Subject | €299,000 | €2,646 | — | 79 | 59 |
| rua António Pereira Cadeco | Active | €299,000 | €3,602 | 36.1% | 82 | 61 |
| Vila do Conde · 38b2a9 | Active | €299,000 | €3,602 | 36.1% | 77 | 71 |
| rua António Pereira Cadeco | Active | €299,000 | €3,646 | 37.8% | 80 | 57 |
| Vila do Conde · bf28be | Active | €526,500 | €4,500 | 70.1% | 79 | 63 |
| Median comp | €299,000 | €3,624 | 37.0% | 80 | 62 |
Buy-and-hold The current listing price of €299,000 significantly exceeds the fair value of €173,253, indicating that the property is overpriced and may not generate favorable long-term returns. With a gross yield of 3.8% and a neighbourhood score of 59/100, the potential for appreciation in this venture appears limited. Value-add renovation Given that this property is currently overpriced by 42.1%, the investment in renovation to increase value would require careful consideration of market demand. The existing condition rating of 80/100 suggests minor improvements might not justify the high entry point in this market. Family rental Although the apartment is suitable for family rental, the high price of €299,000 indicates that it is overpriced relative to its fair value of €173,253. The relatively low neighbourhood score of 59/100 also suggests that attracting quality tenants could be more challenging than anticipated. Not ideal for As the property is overpriced, it is not suitable for entry into the luxury market where rental rates demand much more value. Furthermore, the property also does not fit well for short-term vacation rentals or student housing due to the lack of amenities and a lower neighbourhood appeal.
Economic Vulnerability The property faces a risk due to its low economic stability score of 60/100, which suggests potential fluctuations in the market that may affect returns.
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