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 130 m², energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Located in a building with an elevator, this apartment features a spacious east-facing terrace, perfect for morning sunlight and outdoor relaxation.
The valuation. The asking price of €370,000 sits significantly above the fair value of €300,220, representing an overpriced status by €69,780 or 23.2%. Financially, this indicates challenges for potential investors seeking immediate equity. Buy-to-flip angle. The resale strategy hinges on enhancing the apartment's appeal through minor renovations and staging, targeting a quick flip to capitalize on the local real estate demand. By investing around €15,000 in upgrades, a profitable sale could yield a healthy return. Buy-to-let angle. With an estimated gross yield of 2.7%, or approximately €833 per month, the property could serve as a long-term rental option to steady cash flow for an investor. At this rate, a return on investment would materialize slowly given the higher purchase price.
Fair value modelled at €300,220 from 6 comparable sales in the area. Asking €370,000 sits €69,780 (23.2%) above — overpriced versus fair value.
Asking €370,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €241,463 (€1,857/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €241,463, adjusted for condition and micro-location, gives a modelled fair value of €300,220 (€2,309/m²), a €69,780 (23.2%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 1f3640 | Subject | €370,000 | €2,846 | — | 77 | 64 |
| rua Cidade de Vila Nova de Famalicão | Active | €269,000 | €2,423 | 14.9% | 70 | 65 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6eb94a | Active | €269,000 | €2,423 | 14.9% | 73 | 64 |
| praceta Irmã Maria Campos, 31 | Active | €260,000 | €2,301 | 19.2% | 80 | 64 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 18.6% | 69 | 62 |
| Median comp | €269,000 | €2,371 | 16.7% | 72 | 64 |
Long-term rental The property shows a significant gap of 23.2% above its fair value, indicating it is overpriced compared to the market standards. With a gross yield of only 2.7%, this investment may not generate sufficient returns for a long-term rental strategy in the Vila do Conde area. Buy-and-hold Given the current valuation at €370,000 against a fair value of €300,220, it is clear that this property is overpriced. Investors may find it challenging to achieve adequate appreciation or returns over time while holding onto this asset. Family rental The high price point of this apartment does not align with the expected fair value, making it an overpriced option for families seeking to rent. While the suburban location near Porto offers some benefits, the financial terms do not support a viable family rental strategy at this price. Not ideal for Luxury market, Short-term vacation rental, Student housing.
Economic vulnerability The economic stability score of 70/100 indicates a potential risk in unforeseen market fluctuations that could affect property values and rental income sustainability. Tenant turnover With a tenant stability score of 70/100, there is a moderate risk of higher tenant turnover, leading to increased vacancy rates and associated costs.
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