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.
0-bedroom, 1-bathroom studio of 46 m², built in 1989, energy rating D. Located Vila do Conde parish, Vila do Conde municipality, Porto district. This studio features a generous balcony ideal for outdoor living, just a short walk from sandy beaches, enhancing both leisure and lifestyle appeal.
The valuation. The asking price of €178,000 is significantly above the fair value of €9,979, representing a difference of €168,021 or 94.4%. Verdict: overpriced. Buy-to-flip angle. Given the current condition rating of 0/100, a buy-to-flip strategy could involve substantial renovations before attempting resale for a higher market value. Buy-to-let angle. A long-term rental strategy offers an estimated monthly income of €653, resulting in a gross yield of 4.4%, but the property’s current condition and mixed neighborhood ratings may affect desirability.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 938997 | Subject | €178,000 | €3,870 | — | — | 48 |
| avenida Mouzinho de Albuquerque | Active | €575,000 | €3,212 | 17.0% | 56 | 60 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e64fd | Active | €200,000 | €3,509 | 9.3% | — | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 090255 | Active | €295,000 | €4,338 | 12.1% | 74 | 57 |
| travessa da Poça da Barca | Active | €295,000 | €4,338 | 12.1% | 74 | 61 |
| Median comp | €295,000 | €3,924 | 1.4% | 74 | 61 |
Long-term rental The property in Vila do Conde, priced at €178,000, shows a significant gap of 94.4% from its fair value of €9,979, indicating it is overpriced. Despite a gross yield of 4.4%, the overall economic conditions and low neighbourhood rating suggest limited potential for sustained rental demand. Value-add renovation At €178,000, the studio's condition is rated 0/100, revealing pressing renovation needs that could result in a costly investment without guaranteed returns, especially given its marked overpricing. With the property being overpriced and located outside major urban hubs, the potential for appreciating value through renovations is very limited, highlighting substantial financial risk. Not ideal for luxury market The studio's pricing disregards its current condition and local market realities, making it unappealing in the luxury segment. The location's moderate urban characteristics further emphasize that this property does not align with the premium expectations of luxury buyers. Not ideal for short-term vacation rental Given the significant overpricing and moderate neighbourhood quality, this property is ill-suited for a short-term vacation rental strategy. The lack of amenities and tenant quality in the area would likely deter short-term visitors, diminishing revenue potential.
Tenant turnover risk With both economic stability and tenant stability scores at 50/100, there may be a higher likelihood of tenant turnover, potentially leading to increased vacancy rates and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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