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, 2-bathroom apartment of 121 m², energy rating D. Located Mindelo parish, Vila do Conde municipality, Porto district. Private terrace and garden enhance outdoor living, while fireplace in the living room adds warmth and a cozy ambiance during cooler months.
The valuation. The asking price of €330,000 is significantly above the fair value of €44,543, marking an overvaluation of €285,457, or 86.5%. This suggests that potential buyers may need to reconsider their investment at this price point.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mindelo · be9177 | Subject | €330,000 | €2,727 | — | — | 75 |
| rua da Chousa | Active | €270,000 | €2,647 | 2.9% | 70 | 67 |
| praceta Rio Ave | Active | €310,000 | €2,672 | 2.0% | 71 | 70 |
| Fajozes · 3894a7 | Active | €299,000 | €3,602 | 32.1% | 86 | 70 |
| Mindelo · 82c788 | Active | €299,500 | €2,825 | 3.6% | 50 | 63 |
| Median comp | €299,250 | €2,749 | 0.8% | 71 | 69 |
Long-term rental The property’s pricing at €330,000 presents an 86.5% gap from its fair value of €44,543, indicating it is overpriced. Although the neighborhood scores 75/100 for tenant quality, the low gross yield of 3% suggests limited return potential over the long term. Buy-and-hold Acquiring this apartment for €330,000 would not be prudent, especially given its significant overpricing compared to the fair value of €44,543. With a property condition rating of 0/100, the investment is fraught with potential costs that could further diminish its attractiveness as a buy-and-hold opportunity. Family rental While the neighborhood offers good schools and a reasonably safe environment, the apartment's price of €330,000 is out of alignment with the fair value of €44,543, making it overpriced. The gross yield of 3% does not support a lucrative family rental strategy, limiting income potential significantly.
Tenant turnover risk High tenant turnover could be an issue given the Tenant stability score of 70/100, indicating a potential for increased vacancy and associated costs over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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