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, 1-bathroom apartment of 89 m², built in 1996, energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment offers a unique blend of modern interiors within Vila do Conde's historical center, enhancing both aesthetic appeal and investment potential. Additional Context: The property includes a basement parking space, a rare commodity in central urban areas.
The valuation. The asking price of €298,000 is considerably above the fair value of €134,463, presenting an overpricing of €163,537 (54.9%). This suggests that potential investors may find better value elsewhere.
Fair value modelled at €134,463 from the area baseline, adjusted for condition and location. Asking €298,000 sits €163,537 (54.9%) above — overpriced versus fair value.
Asking €298,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €224,191 (€2,519/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 80 · Materials 78 · Room dimensions 70). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
Vila do Conde, Vila do Conde, Porto
Area baseline €224,191 + condition +€1,391 + location +€8,473 = modelled fair value of €134,463 (€1,511/m²), a €163,537 (54.9%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · ba5af9 | Subject | €298,000 | €3,348 | — | 80 | 67 |
| rua José Afonso | Active | €249,000 | €3,000 | 10.4% | 70 | 68 |
| Azurara · 893627 | Active | €240,000 | €3,200 | 4.4% | 75 | 66 |
| Vila do Conde · 262032 | Active | €320,000 | €2,689 | 19.7% | 73 | 60 |
| Vila do Conde · bf28b7 | Active | €359,000 | €4,787 | 43.0% | 76 | 63 |
| Median comp | €284,500 | €3,100 | 7.4% | 74 | 65 |
Long-term rental Given the current listing price of €298,000, the gross yield of 3.5% indicates that the property is overpriced, especially considering the fair value of €134,463. This price creates a significant gap of 54.9%, overshadowing potential long-term rental returns. Family rental The apartment in Vila do Conde may appeal to families seeking suburban living, but its pricing suggests a lack of value for budget-conscious tenants. At a listing price significantly above its fair value, it does not represent an optimal choice for long-term family housing. Buy-and-hold Investing in this property for a buy-and-hold strategy may not be advisable due to its current overpriced status, with a fair valuation considerably lower than the listing. An inflated price of €298,000 undermines any potential for meaningful capital appreciation in the long term.
Economic Uncertainty A relatively low economic stability score of 65 indicates potential vulnerability to market fluctuations, which may impact rental income and tenant retention.
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