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 350 m², built in 1984, energy rating D. Located Mindelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: The property includes a versatile basement space that can be converted into a large recreational area, and features three balconies offering ample outdoor relaxation options.
The valuation. The asking price of €590,000 is above fair value, which is set at €544,009, representing an excess of €45,991 (7.8%). This indicates that the property is overpriced.
Fair value modelled at €544,009 from the area baseline, adjusted for condition and location. Asking €590,000 sits €45,991 (7.8%) above — overpriced versus fair value.
Asking €590,000 versus the Mindelo, Vila do Conde, Porto area baseline of €793,100 (€2,266/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 79). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Mindelo, Vila do Conde, Porto
Area baseline €793,100 + condition +€24,609 + location +€29,400 = modelled fair value of €544,009 (€1,554/m²), a €45,991 (7.8%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mindelo · 6c7b46 | Subject | €590,000 | €1,686 | — | 75 | 65 |
| Vila Chã · 090278 | Active | €495,000 | €1,768 | 4.9% | 70 | 65 |
| Árvore · 0dcc35 | Active | €690,000 | €2,300 | 36.4% | 78 | 65 |
| rua de Londres, 305 | Active | €549,000 | €2,590 | 53.6% | 75 | 67 |
| rua da Baixa, 3 | Active | €450,000 | €2,250 | 33.5% | 75 | 63 |
| Median comp | €522,000 | €2,275 | 35.0% | 75 | 65 |
Long-term rental This property, priced at €590,000, exceeds its fair value by 7.8%, indicating a lack of investment appeal for long-term rental strategies. With a gross yield of only 3%, the returns do not justify the initial outlay in a suburban area with moderate tenant quality. Family rental The property is overpriced at €590,000 compared to the fair value of €544,009, making it a less attractive option for family rentals. Given the neighborhood's adequate safety and schooling, the higher price may deter potential families seeking value in their rental options. Buy-and-hold Listed at €590,000, this house is above fair value, limiting its desirability for buy-and-hold investments. The 3% yield, combined with a mediocre neighborhood score of 65/100, suggests that long-term capital appreciation may not compensate for the higher purchase price.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturn affecting tenant retention and rent collection.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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