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 house of 92 m², built in 1980, energy rating B. Located Fornelo e Vairão parish, Vila do Conde municipality, Porto district. Unique outdoor amenities include a back garden featuring fruit trees and a terraced area perfect for a vegetable garden, enhancing the property's appeal to nature enthusiasts.
The valuation. The asking price of €357,000 is excessively high when compared to the fair value of €153,190, resulting in an overpriced assessment of €203,810 (57.1%). This property does not represent a sound financial decision. Buy-to-flip angle. The property’s condition rating of 77/100 suggests it could attract buyers after minor upgrades, but given its overpriced status, any potential flips may yield disappointing returns. The market position must be carefully assessed. Buy-to-let angle. With an estimated rental income of €595/month, the gross yield stands at a disappointing 2%. The investment may not generate sufficient cash flow to justify the initial outlay in a competitive rental market.
Fair value modelled at €153,190 from the area baseline, adjusted for condition and location. Asking €357,000 sits €203,810 (57.1%) above — overpriced versus fair value.
Asking €357,000 versus the Fornelo e Vairão, Vila do Conde, Porto area baseline of €208,656 (€2,268/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Fornelo e Vairão, Vila do Conde, Porto
Area baseline €208,656 + condition +€3,019 + location +€10,607 = modelled fair value of €153,190 (€1,665/m²), a €203,810 (57.1%) gap versus the €357,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fornelo e Vairão · 6c7b07 | Subject | €357,000 | €3,880 | — | 74 | 69 |
| Macieira da Maia · 261d6b | Active | €415,000 | €1,976 | 49.1% | 78 | 73 |
| Bagunte, Ferreiró, Outeiro Maior e Parada · 25f524 | Active | €295,000 | €1,821 | 53.1% | 70 | 71 |
| rua do Salteiro | Active | €320,000 | €2,602 | 33.0% | 78 | 75 |
| rua Azevedo | Active | €290,000 | €1,908 | 50.8% | 73 | 65 |
| Median comp | €307,500 | €1,942 | 50.0% | 76 | 72 |
Long-term rental This property presents a significant gap of 57.1% between its listing price of €357,000 and the fair value of €153,190, indicating that it is overpriced for long-term rental purposes. With a gross yield of only 2%, the returns do not justify the high entry price in the current market. Buy-and-hold Given that the property is overpriced with a fair value significantly lower than the listing price, it will likely underperform as a buy-and-hold investment. A gross yield of 2% further highlights that long-term appreciation might not be sufficient to cover the inflated purchase price. Family rental While the neighbourhood is safe and offers decent schools, the 57.1% gap in pricing suggests that this property is overpriced for family renting opportunities. The low yield of 2% does not support a sustainable family rental strategy, as ongoing operating costs could outpace rental income.
Economic Vulnerability The economic stability score of 70/100 indicates potential fluctuations in market conditions that could impact property value and rental income, while a tenant stability score of 65/100 suggests a higher risk of tenant turnover and inconsistent occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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