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 116 m², energy rating D. Located on praceta Rio Ave, Modivas parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment includes a great balcony perfect for relaxation and a pantry that can be converted into a third bathroom for added convenience.
The valuation. The asking price of €310,000 is significantly above the fair value of €174,486, marking an overprice of €135,514 (43.7%). This valuation should raise caution for potential investors considering this property.
Fair value modelled at €174,486 from the area baseline, adjusted for condition and location. Asking €310,000 sits €135,514 (43.7%) above — overpriced versus fair value.
Asking €310,000 versus the praceta Rio Ave area baseline of €162,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 71 · Materials 76 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
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. Full location report →
praceta Rio Ave
Area baseline €162,400 + condition -€906 + location +€12,992 = modelled fair value of €174,486 (€1,504/m²), a €135,514 (43.7%) gap versus the €310,000 asking price.
Long-term rental This property is overpriced at €310,000 compared to its fair value of €174,486, resulting in a significant 43.7% gap. With a gross yield of 0%, the investment is unlikely to generate positive cash flow over time in the current suburban market context. Buy-and-hold The high asking price makes this property unattractive for a buy-and-hold strategy, as it is overvalued given the fair value assessment. Its condition and neighborhood ratings suggest that long-term appreciation may not compensate for the current overpricing. Family rental Given its €310,000 listing price, this apartment is overpriced relative to its fair value, making it less appealing for family rental purposes. The lack of gross yield and the conditions of the property do not support the potential for steady rental income in a family-oriented market. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Economic and Tenant Stability Risk The property has a moderate economic stability score of 70/100 and a tenant stability score of 70/100, indicating potential vulnerability to economic fluctuations and tenant turnover that could impact rental income reliability.
