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 apartment of 101 m² on the 4th floor. Located on rua do Rio Onda, 146, Labruge parish, Vila do Conde municipality, Porto district. Exceptional Feature: The apartment boasts a private balcony with unobstructed sea views, allowing for a serene outdoor space perfect for relaxation and enjoying coastal sunsets.
The valuation. The asking price of €380,000 sits 8.8% below the fair value of €416,474, indicating a reasonably priced opportunity in the market. This slight disparity suggests potential for appreciation in the future.
Fair value modelled at €416,474 from 6 comparable sales in the area. Asking €380,000 sits €36,474 (8.8%) below — the upside to fair value.
Asking €380,000 versus the rua do Rio Onda, 146 area baseline of €388,571 (€3,847/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is below the parish average, reducing 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 €388,571, adjusted for condition and micro-location, gives a modelled fair value of €416,474 (€4,124/m²), a €36,474 (8.8%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Rio Onda, 146 | Subject | €380,000 | €3,762 | — | 75 | 65 |
| Labruge · 49b975 | Active | €329,000 | €3,538 | 6.0% | 72 | 67 |
| travessa da Carvalhosa, 18 | Active | €187,000 | €3,979 | 5.8% | 80 | 64 |
| rua da Chousa | Active | €270,000 | €2,647 | 29.6% | 70 | 67 |
| rua Manuel Francisco Correia, 157 | Active | €269,000 | €5,380 | 43.0% | 70 | 73 |
| Median comp | €269,500 | €3,759 | 0.1% | 71 | 67 |
Long-term rental The property’s current listing price of €380,000 reflects a fair valuation compared to its estimated fair value of €416,474, signaling stable returns for long-term investments. With a gross yield of 3.2%, the property offers a reasonable income potential within a developing neighborhood close to Greater Porto. Family rental At €380,000, this 2-bed apartment provides a fair market entry point for families seeking residency in the Vila do Conde area. The neighborhood’s socioeconomic context, with a score of 65/100, indicates adequate amenities and tenant quality, making it a viable option for family rentals in this proximity. Buy-and-hold With a fair valuation at €380,000 against a fair value of €416,474, the property serves as a reasonable buy-and-hold investment in a growing district like Labruge. The 3.2% gross yield further complements its long-term appreciation potential, aligning well with investor strategies focused on growth in real estate assets.
Tenant Default Risk The tenant stability score of 60 indicates a higher likelihood of tenant turnover or payment issues, potentially impacting rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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