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 80 m², built in 1994, energy rating E. Located Vila Chã parish, Vila do Conde municipality, Porto district. Features: The property boasts a spectacular private terrace ideal for entertaining, and is just 50 meters from the beach, enhancing its appeal for beach lovers.
The valuation. The asking price of €299,900 significantly exceeds the fair value of €221,591, representing an overestimate of €78,309 or 35.3%. This property is clearly overpriced relative to its actual worth.
Fair value modelled at €335,454 from 6 comparable sales in the area. Asking €289,000 sits €46,454 (13.8%) below — the upside to fair value.
Asking €289,000 versus the Mindelo, Vila do Conde, Porto area baseline of €301,337 (€2,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €301,337, adjusted for condition and micro-location, gives a modelled fair value of €335,454 (€2,727/m²), a €46,454 (13.8%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mindelo · 1f34c9 | Subject | €289,000 | €2,350 | — | 68 | 65 |
| Árvore · f5eaf0 | Active | €279,900 | €3,110 | 32.4% | 70 | 69 |
| rua de Roma, 27 | Active | €425,000 | €1,816 | 22.7% | 80 | 71 |
| avenida Coronel Aires Martins, 563 | Active | €299,999 | €2,727 | 16.1% | — | 60 |
| rua Fernando Pessoa | Active | €315,000 | €2,603 | 10.8% | 65 | 66 |
| Median comp | €307,500 | €2,665 | 13.4% | 70 | 68 |
Long-term rental The property is overpriced at €299,900, with a fair value of only €221,591, indicating a 35.3% gap that undermines potential rental profitability. At a gross yield of 3.3%, the investment is unlikely to meet cash flow expectations in a suburban area with a moderate neighbourhood score of 65/100. Buy-and-hold Given that the property is priced well above its fair value, holding it long-term may yield disappointing returns as the market does not support the current asking price. With the condition rated 0/100, significant additional investments would be necessary to enhance its value over time. Family rental The high asking price of €299,900 places this apartment outside reasonable financial expectations for family rentals, with the property being overpriced relative to its fair value. Factors such as the surrounding typical suburban amenities may appeal to families, but at this premium price point, demand may be limited.
Economic Vulnerability The property is at risk due to an economic stability score of 60/100, suggesting potential fluctuations in profitability and market demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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