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 165 m², energy rating C. Located on rua Fernando Pessoa, Mindelo parish, Vila do Conde municipality, Porto district. This apartment's spacious balcony offers unobstructed sea views, creating a perfect setting for sunset gatherings, while its gated community ensures privacy and access to well-maintained landscaped areas.
The valuation. The asking price of €425,000 sits significantly above fair value at €235,707, reflecting an overpriced status of €189,293 (44.5%). This indicates a challenging investment climate for prospective buyers.
Fair value modelled at €235,707 from the area baseline, adjusted for condition and location. Asking €425,000 sits €189,293 (44.5%) above — overpriced versus fair value.
Asking €425,000 versus the rua Fernando Pessoa area baseline of €364,650 (€2,210/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 74 · Materials 76 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 55 · Amenities 55 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernando Pessoa
Area baseline €364,650 + condition -€3,609 + location +€8,316 = modelled fair value of €235,707 (€1,429/m²), a €189,293 (44.5%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernando Pessoa | Subject | €425,000 | €2,576 | — | 74 | 59 |
| rua N, 7, 50 | Active | €392,000 | €2,882 | 11.9% | 80 | 68 |
| rua Bartolomeu Dias | Active | €375,000 | €2,679 | 4.0% | 65 | 63 |
| Mindelo · 82c788 | Active | €299,500 | €2,825 | 9.7% | 50 | 63 |
| Árvore · 0019b0 | Active | €327,000 | €2,070 | 19.7% | — | 68 |
| Median comp | €351,000 | €2,752 | 6.8% | 65 | 66 |
Long-term rental The property presents a gross yield of 3.9%, which may appear attractive; however, given that it is overpriced by 44.5% compared to its fair value, the long-term rental strategy seems suboptimal for maximizing returns. The neighborhood's score of 59/100 indicates that despite proximity to Porto, mixed demand and amenities could lead to fluctuating tenant quality and occupancy rates. Family rental Although the property could appeal to families given its size and location, its 44.5% pricing gap to fair value indicates significant overpricing in a mixed demand area. Combined with a neighborhood score of 59/100, this strategy may not yield sustainable rental income over time. Buy-and-hold The current listing price of €425,000 suggests that this buy-and-hold strategy is undermined by the 44.5% gap to fair value, leading to concerns about long-term capital appreciation. Investors may face challenges as the neighborhood's mixed amenities and tenant quality could hinder value growth. Not ideal for: Luxury market, Short-term vacation rental, Student housing.
Economic Vulnerability The property is at risk due to a moderate economic stability score of 60/100, indicating potential fluctuations in the local economy that could impact rental income and property value.
