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 €324,800 (€1,400/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 €324,800 + 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.
