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 116 m², built in 2008. Located on travessa do Gaiato, Azurara parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment includes a private terrace ideal for outdoor gatherings, and benefits from a modern kitchen equipped to handle daily culinary demands efficiently.
The valuation. The asking price of €410,000 sits significantly above the fair value of €174,560, indicating an overpriced situation by €235,440 (57.4%). This discrepancy raises concerns regarding potential investment returns.
Fair value modelled at €174,560 from the area baseline, adjusted for condition and location. Asking €410,000 sits €235,440 (57.4%) above — overpriced versus fair value.
Asking €410,000 versus the travessa do Gaiato area baseline of €259,724 (€2,239/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
travessa do Gaiato
Area baseline €259,724 + condition +€7,613 + location +€4,547 = modelled fair value of €174,560 (€1,505/m²), a €235,440 (57.4%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa do Gaiato | Subject | €410,000 | €3,534 | — | 75 | 57 |
| Vila do Conde · 0019a4 | Active | €299,000 | €2,646 | 25.1% | 79 | 59 |
| rua António Pereira Cadeco | Active | €299,000 | €3,602 | 1.9% | 82 | 61 |
| Vila do Conde · 38b2a9 | Active | €299,000 | €3,602 | 1.9% | 77 | 71 |
| rua António Pereira Cadeco | Active | €299,000 | €3,646 | 3.2% | 80 | 57 |
| Median comp | €299,000 | €3,602 | 1.9% | 80 | 60 |
Long-term rental The 2-bed apartment in Azurara is overpriced at €410,000, significantly exceeding the fair value of €174,560 by 57.4%. Given the gross yield of 3% and the average neighborhood score of 57/100, this investment lacks the fundamental value necessary for a profitable long-term rental. Buy-and-hold At a listing price of €410,000, the 2-bed apartment is clearly overpriced compared to its fair valuation of €174,560, leading to a gap of 57.4%. The combination of low yield and a less affluent suburban neighborhood suggests that holding this asset may not align with a prudent investment strategy for future appreciation. Not ideal for luxury market Given its current pricing, the 2-bed apartment in Azurara does not fit the luxury market, as it is deemed overpriced relative to its fair valuation. The local mix of urban and suburban characteristics and the average neighborhood amenities further disadvantage its appeal in the luxury segment. Not ideal for short-term rental The 2-bed apartment is overpriced at €410,000, which exceeds its fair value of €174,560 by 57.4%, making it a poor candidate for short-term rental applications. Coupled with a low gross yield of 3% and an average neighborhood score, potential returns from short-term rentals are unlikely to be attractive enough to justify the investment.
Economic Volatility Risk The property's economic stability score of 55/100 suggests potential fluctuations in income, posing a risk to long-term profitability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.