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 126 m², built in 1997, energy rating F. Located Labruge parish, Vila do Conde municipality, Porto district. This apartment features a shared outdoor barbecue area, perfect for entertaining, and a heat recovery system in the spacious living room for enhanced energy efficiency.
The valuation. The asking price of €320,000 is notably 35.4% above the fair value of €206,804, leading to a verdict of overpriced. This substantial difference indicates a misalignment with the current market expectations. Buy-to-flip angle. A buy-to-flip strategy would require significant renovation investment to justify the high asking price and convert it into a profitable resale, but given its current valuation, this approach appears challenging. Buy-to-let angle. With an estimated gross yield of 4.7% at approximately €1,253 monthly, the property could function as a family rental; however, the high purchase price impacts the overall investment appeal.
Fair value modelled at €206,804 from the area baseline, adjusted for condition and location. Asking €320,000 sits €113,196 (35.4%) above — overpriced versus fair value.
Asking €320,000 versus the Labruge, Vila do Conde, Porto area baseline of €319,158 (€2,533/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 79 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Labruge, Vila do Conde, Porto
Area baseline €319,158 + condition +€14,175 + location +€16,229 = modelled fair value of €206,804 (€1,641/m²), a €113,196 (35.4%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Labruge · bf2a4a | Subject | €320,000 | €2,540 | — | 79 | 73 |
| rua Professor Ofélia da Cruz Costa, 900 | Active | €498,000 | €2,964 | 16.7% | 82 | 76 |
| avenida da Praia de Angeiras S / N | Active | €350,000 | €4,268 | 68.1% | 78 | 74 |
| Labruge · 49b975 | Active | €329,000 | €3,538 | 39.3% | 72 | 67 |
| travessa de Miguel Duarte Caturro, 50 | Active | €480,000 | €2,791 | 9.9% | 78 | 68 |
| Median comp | €415,000 | €3,251 | 28.0% | 78 | 71 |
Long-term rental The 3-bed apartment in Labruge is overpriced at €320,000, especially considering the fair value of €206,804, which suggests a significant gap of 35.4%. This property, with a gross yield of 4.7%, may not provide optimal returns in the current rental market given its elevated listing price. Buy-and-hold Investing in this property for a buy-and-hold strategy appears unwise as it is currently valued 35.4% above its fair value of €206,804. The strong condition score of 82/100 does not compensate for the notable overpricing, potentially hindering long-term appreciation. Family rental While the property might appeal to families due to size and location, the current price of €320,000 exceeds its fair value by 35.4%. This overpricing could make it challenging to attract long-term family tenants who seek value, particularly in a competitive market. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Tenant turnover risk High tenant turnover may result from the relatively moderate tenant stability score of 70/100, potentially leading to increased vacancy rates and higher management costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
