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.
4-bedroom, 3-bathroom house of 160 m², built in 1979, energy rating C. Located on rua Gil Eanes, 17, Mindelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: This property includes new window frames providing enhanced thermal and acoustic efficiency, ideal for maintaining comfort in a beachside location.
The valuation. The asking price of €468,000 sits significantly above the fair value of €231,856, indicating it's overpriced by €236,144 (50.5%). This suggests potential buyers may face challenges justifying the investment relative to market standards.
Fair value modelled at €231,856 from the area baseline, adjusted for condition and location. Asking €468,000 sits €236,144 (50.5%) above — overpriced versus fair value.
Asking €468,000 versus the rua Gil Eanes, 17 area baseline of €362,560 (€2,266/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 76 · Materials 80 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 60 · Amenities 60 · Economic 65 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Gil Eanes, 17
Area baseline €362,560 + condition -€2,000 + location +€9,856 = modelled fair value of €231,856 (€1,449/m²), a €236,144 (50.5%) gap versus the €468,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gil Eanes, 17 | Subject | €468,000 | €2,925 | — | 76 | 61 |
| rua N, 70, 10 | Active | €545,000 | €2,725 | 6.8% | 75 | 70 |
| avenida Marginal | Active | €575,000 | €3,194 | 9.2% | 75 | 56 |
| Mindelo · 090031 | Active | €700,000 | €2,692 | 8.0% | 66 | 65 |
| rua da Baixa, 3 | Active | €450,000 | €2,250 | 23.1% | 75 | 64 |
| Median comp | €560,000 | €2,709 | 7.4% | 75 | 65 |
Long-term rental This property appears to be overpriced, with a listing price of €468,000 against a fair value of €231,856, resulting in a significant gap of 50.5%. The gross yield of 3.4% does not justify the investment given the city’s moderate demand and the neighborhood's lower ratings. Family rental As a potential family rental, this property is not appropriately valued, being listed at €468,000 while fair value stands significantly lower at €231,856. With a yield of 3.4% and a 61/100 neighborhood rating, the high price may deter families seeking affordable housing options. Buy-and-hold The buy-and-hold strategy appears less appealing for this property, listed at €468,000 whereas its fair value is €231,856, indicating it is overpriced by 50.5%. Given these factors, including a yield of 3.4%, long-term appreciation would likely be stifled in the current market context.
Economic and Tenant Instability Risk Given an economic stability score of 65/100 and a tenant stability score of 60/100, there is a notable risk of fluctuating rental income and potential vacancy issues due to unstable market conditions and tenant turnover.
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