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, 0-bathroom house of 85 m², energy rating D. Located Modivas parish, Vila do Conde municipality, Porto district. Noteworthy features: The property boasts a sunroom with laundry facilities and a living room featuring a fireplace, providing both functional and cozy spaces for residents.
The valuation. The asking price of €300,000 is significantly above the fair value of €111,254, resulting in an overvaluation of €188,746 (62.9%). This property should not be considered a good deal given its overpriced status.
Fair value modelled at €111,254 from the area baseline, adjusted for condition and location. Asking €300,000 sits €188,746 (62.9%) above — overpriced versus fair value.
Asking €300,000 versus the Modivas, Vila do Conde, Porto area baseline of €119,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 62 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Modivas, Vila do Conde, Porto
Area baseline €119,000 + condition -€17,266 + location +€9,520 = modelled fair value of €111,254 (€1,309/m²), a €188,746 (62.9%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Modivas · 023be9 | Subject | €300,000 | €3,529 | — | 65 | 70 |
| rua da Lage, 586 | Active | €219,000 | €1,521 | 56.9% | — | 66 |
| rua de Munique S / N | Active | €485,000 | €3,170 | 10.2% | 65 | 64 |
| Mindelo · cfe251 | Active | €545,000 | €2,349 | 33.4% | 76 | 74 |
| Vila Chã · 023d1f | Active | €289,000 | €2,064 | 41.5% | 72 | 67 |
| Median comp | €387,000 | €2,207 | 37.5% | 72 | 67 |
Long-term rental This property in Modivas, Vila do Conde is characterized by a gross yield of only 4.2%, suggesting that it may not generate sufficient returns relative to its listing price of €300,000. Furthermore, with a condition score of 62/100 and a gap from fair value of 62.9%, the high price hampers attractiveness for prospective tenants seeking good value in the rental market. Family rental Given the suburban characteristics of the neighborhood and its score of 70/100, this property could appeal to families looking for a stable environment, albeit at an inflated price. However, the significant discrepancy between the listing price and the fair value indicates a lack of opportunity for family renters to find value in this offering. Buy-and-hold While the property may offer potential for appreciation given its proximity to Porto, the current listing price of €300,000 is substantially above its fair value of €111,254. The 62.9% gap signals that holding this asset could yield minimal benefits and create significant downside risk in an overpriced market.
Economic and Tenant Instability With both economic and tenant stability scores at 70/100, there is a risk of potential fluctuations in rental income due to a moderately unstable market environment.
