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 penthouse of 107 m², built in 1981, energy rating D. Located on rua do Pevido, 148, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This penthouse includes a versatile 3+1 room that can serve as an office or guest space, and boasts pre-installation for air conditioning for enhanced comfort.
The valuation. The asking price of €430,000 exceeds the fair value by €261,654 (60.8%), indicating that the property is overpriced compared to its assessed worth of €168,346.
Fair value modelled at €168,346 from the area baseline, adjusted for condition and location. Asking €430,000 sits €261,654 (60.8%) above — overpriced versus fair value.
Asking €430,000 versus the rua do Pevido, 148 area baseline of €149,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua do Pevido, 148
Area baseline €149,800 + condition +€8,359 + location +€10,186 = modelled fair value of €168,346 (€1,573/m²), a €261,654 (60.8%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pevido, 148 | Subject | €430,000 | €4,019 | — | 75 | 67 |
| Vila do Conde · 001a6f | Active | €299,000 | €3,518 | 12.5% | 75 | 65 |
| rua Flávio Gonçalves, 217 | Active | €299,000 | €3,147 | 21.7% | 80 | 68 |
| rua António Pereira Cadeco | Active | €299,000 | €3,602 | 10.4% | 82 | 61 |
| Vila do Conde · 38b2a9 | Active | €299,000 | €3,602 | 10.4% | 77 | 71 |
| Median comp | €299,000 | €3,560 | 11.4% | 79 | 67 |
Long-term rental The property in Vila do Conde is overpriced at €430,000, compared to a fair value of €168,346, indicating it is unsuitable for long-term rental strategies. The gross yield of 3.3% does not compensate for the significant gap in value. Buy-and-hold With a marked gap of 60.8% from fair value, investing in this penthouse as part of a buy-and-hold strategy is not advisable. The current market dynamics suggest limited potential for appreciation given the overall economic climate in the Braga area. Family rental The penthouse's price relative to its fair value makes it an unsuitable option for family rental purposes. With a neighbourhood rating of just 67/100, its appeal may not attract the desired tenant quality for a family-oriented rental approach.
Risk of Economic Fluctuation The economic stability score of 60/100 indicates potential volatility in the market, which could affect tenant retention and rental income over time.