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 81 m², built in 1989, energy rating C. Located on rua da Independência de Guiné, 113, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment boasts a terrace that directly connects to a bedroom, enhancing outdoor living space, alongside modern finishes such as triple-glazed windows for superior insulation.
The valuation. The asking price of €350,000 sits significantly above fair value at €248,063, indicating an overvaluation of €101,938 (41.1%). This discrepancy suggests that potential investors might find better value elsewhere.
Fair value modelled at €248,063 from 6 comparable sales in the area. Asking €350,000 sits €101,938 (41.1%) above — overpriced versus fair value.
Asking €350,000 versus the rua da Independência de Guiné, 113 area baseline of €210,304 (€2,596/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 €210,304, adjusted for condition and micro-location, gives a modelled fair value of €248,063 (€3,063/m²), a €101,938 (41.1%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Independência de Guiné, 113 | Subject | €350,000 | €4,321 | — | 72 | 66 |
| rua José Afonso | Active | €249,000 | €3,000 | 30.6% | 70 | 68 |
| Vila do Conde · ba5af9 | Active | €298,000 | €3,348 | 22.5% | 80 | 67 |
| rua Alfredo Bastos, 118 | Active | €350,000 | €3,125 | 27.7% | 72 | 63 |
| Vila do Conde · bf28b7 | Active | €359,000 | €4,787 | 10.8% | 76 | 63 |
| Median comp | €324,000 | €3,237 | 25.1% | 74 | 65 |
Long-term rental The property at €350,000 is overpriced relative to its fair value of €248,063, reflecting a significant 41.1% gap. Given the 3% gross yield, the financial return potential does not justify the investment in a suburban area with a neighbourhood score of only 66/100. Buy-and-hold With the current listing price being 41.1% above the estimated fair value, this investment may not yield adequate appreciation over time. The moderate condition rating of 75/100 also indicates that ongoing maintenance costs could further diminish potential returns. Family rental Although the property offers space suitable for families, its listing price significantly exceeds fair market value by 41.1%. Given the neighbourhood's lower score of 66/100 and the lack of compelling amenities, this investment presents more risk than reward for family-oriented tenants.
Potential Economic Volatility The property faces a risk of reduced cash flow due to its economic stability score of 65/100, indicating potential fluctuations in the local economy that could impact 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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