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.
5-bedroom, 3-bathroom country_house of 120 m². Located Rates parish, Póvoa de Varzim municipality, Porto district. Property Features: This unique property includes a historic granary and threshing floor, set on a substantial 10,000m² plot, perfect for future development opportunities.
The valuation. The asking price of €531,000 is significantly above the fair value of €31,407, representing an overpricing of €499,593 (94.1%). This property is considered overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rates · 4d4195 | Subject | €531,000 | €4,425 | — | — | 56 |
| Vila do Conde · 42002a | Active | €485,000 | €1,980 | 55.3% | 55 | 53 |
| Vila do Conde · 25f7e1 | Active | €320,000 | €3,333 | 24.7% | 62 | 56 |
| Apúlia e Fão · b784df | Active | €230,000 | €2,000 | 54.8% | 55 | 59 |
| Vila do Conde · cfdbff | Active | €567,900 | €3,421 | 22.7% | 65 | 68 |
| Median comp | €402,500 | €2,667 | 39.7% | 59 | 58 |
Long-term rental The property is priced excessively at €531,000, with a fair value of only €31,407, indicating a substantial mismatch that eliminates any potential for a positive cash flow. The zero gross yield and poor condition score of 0/100 further suggest that this investment is unlikely to attract reliable long-term tenants. Buy-and-hold Given the significant gap of 94.1% between the asking price and the fair value, holding onto this property would not provide the expected appreciation or rental income over time. The lack of tenant quality and poor neighborhood amenities make it an unwise choice for a buy-and-hold strategy. Not ideal for: Luxury market, Short-term vacation rental Location context: Braga's proximity provides moderate economic and school access Neighbourhood dimensions: - Housing market: - Economic: - Amenities: - Tenant quality:
Tenant turnover risk The tenant stability score of 50/100 indicates a potential for high turnover, which could disrupt cash flow and increase vacancy costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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