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 Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Feature: The apartment includes a 30m² private terrace, perfect for outdoor entertaining or gardening, complemented by a modern, open-concept living space.
The valuation. The asking price of €299,000 is significantly above fair value at €128,276, representing a substantial overpricing of €170,724 (57.1%). This property should be approached with caution given its marked discrepancy from the market norm.
Fair value modelled at €128,276 from the area baseline, adjusted for condition and location. Asking €299,000 sits €170,724 (57.1%) above — overpriced versus fair value.
Asking €299,000 versus the Vila do Conde, Vila do Conde, Porto 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 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 65 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Vila do Conde, Vila do Conde, Porto
Area baseline €114,800 + condition +€7,047 + location +€6,429 = modelled fair value of €128,276 (€1,564/m²), a €170,724 (57.1%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 99f1db | Subject | €299,000 | €3,646 | — | 80 | 64 |
| Vila do Conde · 49b67e | Active | €299,000 | €4,271 | 17.1% | 78 | 61 |
| rua António Pereira Cadeco | Active | €299,000 | €3,646 | 0% | 80 | 57 |
| rua António Pereira Cadeco | Active | €299,000 | €3,602 | 1.2% | 82 | 61 |
| Vila do Conde · 38b2a9 | Active | €299,000 | €3,602 | 1.2% | 77 | 71 |
| Median comp | €299,000 | €3,624 | 0.6% | 79 | 61 |
Long-term rental This 2-bed apartment is expensive given its fair value of €128,276, representing a 57.1% gap and yielding only 3.4% gross. The suburban location may attract long-term tenants, but with the neighborhood scoring only 64/100, the investment does not justify the current asking price. Family rental While the property could serve as a family rental, the high price of €299,000 compared to its fair value of €128,276 makes it a questionable investment. The decent condition rating of 81/100 may appeal to families, but excessive pricing limits potential returns. Buy-and-hold Investing in this 2-bed apartment for a buy-and-hold strategy seems risky due to its significant overpricing, with a fair value gap of 57.1%. Although the area is accessible to Porto, the lack of value makes it less likely to increase in worth over time, diminishing the effectiveness of a buy-and-hold approach.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 65/100, there is a heightened risk of fluctuations in rental income and vacancy rates due to potential economic downturns or tenant turnover.