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, 0-bathroom house of 232 m², energy rating C. Located Mindelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: The townhouse includes a private garden and terrace, enhancing outdoor living, and benefits from an east/west solar orientation for optimal daylight exposure throughout the day.
The valuation. The asking price of €545,000 is notably above the fair value of €375,918, representing an excess of €169,082 (31.0%). This property is deemed overpriced, suggesting a potential challenge in achieving return on investment.
Fair value modelled at €375,918 from the area baseline, adjusted for condition and location. Asking €545,000 sits €169,082 (31.0%) above — overpriced versus fair value.
Asking €545,000 versus the Mindelo, Vila do Conde, Porto area baseline of €512,720 (€2,210/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 76 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Mindelo, Vila do Conde, Porto
Area baseline €512,720 + condition +€19,938 + location +€31,181 = modelled fair value of €375,918 (€1,620/m²), a €169,082 (31.0%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mindelo · cfe251 | Subject | €545,000 | €2,349 | — | 76 | 74 |
| Vila Chã · 023d1f | Active | €289,000 | €2,064 | 12.1% | 72 | 67 |
| rua da Baixa, 3 | Active | €450,000 | €2,250 | 4.2% | 75 | 63 |
| rua N, 70, 10 | Active | €545,000 | €2,725 | 16.0% | 75 | 70 |
| rua da Baixa, 3 | Active | €450,000 | €2,250 | 4.2% | 75 | 64 |
| Median comp | €450,000 | €2,250 | 4.2% | 75 | 66 |
Long-term rental The property is overpriced at €545,000 with a fair value of €375,918, leading to a significant 31.0% gap that undermines potential profitability. With a gross yield of only 3.4%, this investment may not deliver the strong returns typically expected in long-term rental strategies. Family rental Although the property is located in a developing area, the current pricing of €545,000 is out of step with its fair value of €375,918, showcasing a 31.0% premium that is difficult to justify for a family rental strategy. The condition rating of 81/100 does offer some appeal, but the yield of 3.4% limits attractiveness for potential family tenants seeking value. Buy-and-hold Considering the fair value of €375,918 against the asking price of €545,000, the property presents an overvaluation of 31.0% that discourages a buy-and-hold investment strategy. The yield of 3.4% does not align with the growth expectations often sought in long-term property holds, making this property less compelling for long-term appreciation prospects.
Economic-tenant mismatch risk There is a risk that the property may not perform as expected due to both economic and tenant stability scores being at 75/100, indicating potential vulnerability to economic fluctuations and tenant turnover.
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.
