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 102 m², built in 2002. Located on rua Central de Vairão, 130, Fornelo e Vairão parish, Vila do Conde municipality, Porto district. This apartment features a fireplace with a heat recovery system, enhancing energy efficiency, alongside spacious balconies offering excellent solar exposure and outdoor leisure opportunities.
The valuation. The asking price of €239,000 exceeds the fair value of €153,388 by €85,612 (35.8%). This property is thus considered overpriced. Buy-to-flip angle. A buy-and-flip strategy would require substantial renovation to enhance resale value significantly, given the average overall finish. Buy-to-let angle. The estimated gross yield stands at 0%, with no projected rental income, making long-term investment unattractive.
Fair value modelled at €153,388 from the area baseline, adjusted for condition and location. Asking €239,000 sits €85,612 (35.8%) above — overpriced versus fair value.
Asking €239,000 versus the rua Central de Vairão, 130 area baseline of €231,336 (€2,268/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 (Condition 70 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Central de Vairão, 130
Area baseline €231,336 + condition -€14,344 + location +€12,998 = modelled fair value of €153,388 (€1,504/m²), a €85,612 (35.8%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Central de Vairão, 130 | Subject | €239,000 | €2,343 | — | 70 | 71 |
| Malta e Canidelo · dee5b9 | Active | €255,000 | €2,257 | 3.7% | 70 | 71 |
| rua Azevedo | Active | €290,000 | €1,908 | 18.6% | 73 | 65 |
| rua do Monte e Novo Arruamento | Active | €170,000 | €2,361 | 0.8% | 68 | 69 |
| Malta e Canidelo · e40b0d | Active | €157,500 | €1,500 | 36.0% | 75 | 67 |
| Median comp | €212,500 | €2,083 | 11.1% | 72 | 68 |
Long-term rental This property in Fornelo e Vairão, listed at €239,000, is overpriced compared to its fair value of €153,388, indicating a 35.8% gap. With a gross yield of 0% and decent neighborhood ratings, it may struggle to attract long-term tenants who are seeking better value for their rent. Family rental While the apartment's size and condition could appeal to families, the current listing price of €239,000 significantly exceeds its fair value of €153,388, signifying a 35.8% valuation gap. Given the 66/100 condition score and family-friendly neighborhood rating of 71/100, the property may not offer the competitive pricing needed to attract family renters effectively. Buy-and-hold Investing in this property as a buy-and-hold strategy appears challenging due to its overpriced listing of €239,000 against a fair value of €153,388, leaving a substantial 35.8% gap. While the suburban environment in Vila do Conde can offer stability, the current pricing does not provide the necessary upside for long-term appreciation or cash flow benefits.
Tenant turnover risk High tenant turnover could occur due to the economic and tenant stability scores both being at 75/100, indicating potential instability in long-term occupancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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