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.
3-bedroom, 2-bathroom apartment of 111 m², built in 1994, energy rating D. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment boasts a large terrace ideal for outdoor entertainment and relaxation, and includes a designated parking space in a highly sought-after area of Vila do Conde.
The valuation. The asking price of €339,000 is significantly above the fair value of €141,686, creating an overvaluation of €197,314 or 58.2%. This price reflects a market discrepancy that does not justify the investment. Buy-to-flip angle. A buy-to-flip strategy could be challenging, given the high acquisition cost, requiring significant value addition through renovations to attract buyers at a profit. A market adjustment would need to occur to enhance feasibility. Buy-to-let angle. The property offers a gross yield of 3.4% with an estimated rental income of €960 per month, but its basic condition may limit tenant appeal. Targeting long-term family rentals could stabilize occupancy in this mixed neighborhood.
Fair value modelled at €141,686 from the area baseline, adjusted for condition and location. Asking €339,000 sits €197,314 (58.2%) above — overpriced versus fair value.
Asking €339,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €279,609 (€2,519/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 65 · Materials 58 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 60 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Vila do Conde, Vila do Conde, Porto
Area baseline €279,609 + condition -€24,281 + location +€10,567 = modelled fair value of €141,686 (€1,276/m²), a €197,314 (58.2%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 4bbaac | Subject | €339,000 | €3,054 | — | 65 | 67 |
| praça dos Combatentes S / N | Active | €455,000 | €2,917 | 4.5% | — | 58 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 03255b | Active | €455,000 | €2,935 | 3.9% | 60 | 55 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0dcbbf | Active | €455,000 | €2,528 | 17.2% | 55 | 66 |
| Vila do Conde · de0b88 | Active | €369,000 | €2,838 | 7.1% | 68 | 61 |
| Median comp | €455,000 | €2,878 | 5.8% | 60 | 60 |
Long-term rental The current listing price of €339,000 significantly exceeds the fair value of €141,686, indicating that the property is overpriced by 58.2%. With a modest gross yield of 3.4% and a condition rating of 61/100, securing long-term tenants may be challenging in this suburban market with moderate urban influence. Family rental Valued at €339,000, the property does not align with its fair value of €141,686, presenting a notable 58.2% gap that confirms its overpriced status. Family-oriented tenants may find more attractive options in the area, especially given the condition rating of 61/100 and a mediocre neighbourhood score of 67/100. Buy-and-hold The listing price of €339,000 relative to the fair value of €141,686 signals that this investment is overpriced by 58.2%, constraining any potential appreciation over the long term. Additionally, with only a 3.4% gross yield and a neighbourhood rating of 67/100, the buy-and-hold strategy may not provide the expected returns in this context.
Economic and Tenant Risk With an economic stability score of 70 and a tenant stability score of 70, there is a risk of fluctuating rental income and potential tenant turnover, which could impact overall cash flow.
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