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.
3-bedroom, 3-bathroom house of 270 m², built in 1995, energy rating C. Located on rua de Roma, Mindelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: The property boasts a suite with a walk-in closet and a balcony offering sea views, enhancing its appeal as a coastal retreat in Mindelo.
The valuation. The asking price of €549,900 is significantly above the fair value of €414,885, making it overpriced by €135,015 (24.6%). This discrepancy suggests that the property may not present a sound investment at the current price point.
Fair value modelled at €400,000 from 5 comparable sales in the area. Asking €549,900 sits €149,900 (37.5%) above — overpriced versus fair value.
Asking €549,900 versus the rua de Roma area baseline of €310,578 (€1,150/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €310,578, adjusted for condition and micro-location, gives a modelled fair value of €400,000 (€1,481/m²), a €149,900 (37.5%) gap versus the €549,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Roma | Subject | €549,900 | €2,037 | — | 76 | 73 |
| rua de Bruxelas, 15 | Active | €449,000 | €1,727 | 15.2% | 72 | 68 |
| rua Nossa Senhora de Fátima | Active | €360,000 | €1,481 | 27.3% | 74 | 75 |
| Árvore · 0dcc35 | Active | €690,000 | €2,300 | 12.9% | 78 | 65 |
| Árvore · 3340f9 | Active | €360,000 | €1,481 | 27.3% | — | — |
| Median comp | €404,500 | €1,604 | 21.2% | 74 | 68 |
Long-term rental This property is overpriced at €549,900, exceeding the fair value of €414,885 by 24.6%, which may deter potential long-term tenants. The gross yield of 2.7% further indicates that the investment may not generate attractive returns in a stable housing demand landscape. Family rental With a fair value of €414,885 compared to the listing price of €549,900, this property is overvalued by 24.6%, potentially limiting its desirability among families seeking affordable options. The moderate condition score of 76/100 also suggests that the property may not meet the expectations of family renters looking for quality housing. Buy-and-hold The buy-and-hold strategy may face challenges given that the property is overpriced at €549,900, which stands 24.6% above the fair valuation of €414,885. Investors may find it difficult to see significant appreciation in a market with stable demand and only moderate access to amenities and schooling options.
Economic-tenant mismatch risk A combined economic stability and tenant stability score of 75/100 suggests potential vulnerabilities in tenant retention and income generation, which could lead to decreases in cash flow or property value over time due to economic downturns or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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