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 117 m², energy rating A+. Located on rua Joaquim Gonçalves Moreira, 106, Vilar de Pinheiro parish, Vila do Conde municipality, Porto district. This apartment features both en suite bedrooms with direct access to a generous 9 m² balcony, enhancing privacy and outdoor enjoyment.
The valuation. The asking price of €350,000 is significantly above the fair value of €186,273, indicating an overvaluation of €163,727, or 46.8%. Buyers should approach this property with caution due to its overpriced status.
Fair value modelled at €186,273 from the area baseline, adjusted for condition and location. Asking €350,000 sits €163,727 (46.8%) above — overpriced versus fair value.
Asking €350,000 versus the rua Joaquim Gonçalves Moreira, 106 area baseline of €272,961 (€2,333/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 80 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Joaquim Gonçalves Moreira, 106
Area baseline €272,961 + condition +€11,334 + location +€11,138 = modelled fair value of €186,273 (€1,592/m²), a €163,727 (46.8%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Gonçalves Moreira, 106 | Subject | €350,000 | €2,991 | — | 80 | 67 |
| rua de Quires | Active | €450,000 | €3,261 | 9.0% | 80 | 78 |
| Moreira · 262151 | Active | €335,000 | €3,045 | 1.8% | 76 | 76 |
| rua Dona Maria da Conceição Mota Sotomayor, 370 | Active | €387,500 | €3,914 | 30.8% | 80 | 67 |
| rua do Padre Manuel da Silva, 44 | Active | €294,000 | €3,818 | 27.6% | 73 | 74 |
| Median comp | €361,250 | €3,540 | 18.3% | 78 | 75 |
Long-term rental The gross yield of 3.1% coupled with a significant 46.8% gap from fair value indicates that this property is not positioned to deliver satisfactory returns over the long term. Given its suburban location and average neighborhood scores, the property may struggle to attract reliable tenants willing to pay a premium. Family rental Although this property could be suitable for family rentals due to its size and decent condition rating of 81/100, the listing price of €350,000 considerably exceeds fair market value. This inflated pricing means families may seek more affordable options in similarly safe suburban areas, leaving this apartment as an unappealing choice. Buy-and-hold Despite the potential for property appreciation in Greater Porto’s suburban neighborhoods, acquiring this apartment at €350,000 represents a significant financial risk given its 46.8% overpricing. A buy-and-hold strategy in this case is not advisable, as the unreasonably high purchase price could impede long-term gains and cash flow sustainability. Not ideal for The luxury market is not a suitable fit for this property as the neighborhood's average rating of 67/100 does not align with the necessary standards for attracting high-end buyers. Likewise, short-term vacation rentals and student housing options would likely face challenges due to the property’s inflated price and suburban location, further compounding its marketability issues.
Economic and Tenant Risk: With both economic stability and tenant stability scores at 70/100, there is a moderate risk of fluctuating income and increased vacancy rates that could impact overall investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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