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, 2-bathroom apartment of 113 m² on the 1st floor, built in 1989, energy rating D. Located Vila do Conde parish, Vila do Conde municipality, Porto district. This top-floor apartment features two balconies that offer sea views and a closed garage for secure parking in Vila do Conde, enhancing both convenience and lifestyle.
The valuation. The asking price of €299,990 is €38,931 or 14.9% above the fair value of €261,059, indicating that the property is overpriced.
Fair value modelled at €261,059 from 6 comparable sales in the area. Asking €299,990 sits €38,931 (14.9%) above — overpriced versus fair value.
Asking €299,990 versus the Vila do Conde, Vila do Conde, Porto area baseline of €220,968 (€1,955/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €220,968, adjusted for condition and micro-location, gives a modelled fair value of €261,059 (€2,310/m²), a €38,931 (14.9%) gap versus the €299,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 1f3624 | Subject | €299,990 | €2,655 | — | 68 | 63 |
| praça dos Combatentes | Active | €350,000 | €2,303 | 13.3% | 65 | 70 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6fbb9f | Active | €349,000 | €2,407 | 9.3% | 75 | 64 |
| Aver-o-Mar, Amorim e Terroso · cfde79 | Active | €399,000 | €2,192 | 17.4% | 75 | 62 |
| rua Flávio Gonçalves, 259 | Active | €285,000 | €1,863 | 29.8% | 68 | 61 |
| Median comp | €349,500 | €2,248 | 15.3% | 72 | 63 |
Long-term rental This property, listed at €299,990, is priced 14.9% above its fair value of €261,059, indicating a potential struggle to achieve optimal long-term rental yields. Additionally, with a gross yield of only 4.4% and a condition rating of 71/100, this investment may not deliver competitive returns compared to other available options. Student housing The high listing price of €299,990, surpassing the fair value by 14.9%, suggests that this apartment may not be an attractive option for the student housing market in Vila do Conde. Coupled with the neighborhood's amenity rating of 63/100, this property is unlikely to appeal to cost-conscious students seeking adequate living conditions. Buy-and-hold While the Vila do Conde apartment commands a listing price of €299,990, its significant premium over the fair value of €261,059 confirms that it is overpriced for a buy-and-hold strategy. Given the current yield of 4.4% and mixed quality ratings in both condition and neighborhood, the long-term appreciation potential may be constrained in this semi-urban area. Not ideal for luxury market Despite its sizable space, the property fails to meet luxury market expectations as it is priced at a steep €299,990, which is overvalued compared to its fair value of €261,059. Furthermore, the property’s amenities and condition ratings indicate it does not align with the standards typically sought by luxury buyers. Not ideal for short-term vacation rental The listing price of €299,990 is substantially above the fair market value of €261,059, making it a proposition that may deter short-term vacation rental investors. Additionally, with a modest yield of 4.4% and a neighborhood score of 63/100, this property lacks the allure often required for successful short-term rentals.
Economic and Tenant Risk The combined scores of 60/100 for economic and tenant stability suggest a heightened risk of inconsistent rental income due to potential volatility in both tenant retention and broader market conditions.
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