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, 1-bathroom apartment of 127 m² on the 3rd floor, built in 1983, energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment's unique pantry has the potential to be transformed into a second bathroom, adding flexibility to the layout for future needs.
The valuation. The asking price of €359,000 is significantly above the fair value of €290,284, resulting in a disparity of €68,716 (23.7%). Consequently, this property is considered overpriced.
Fair value modelled at €290,284 from 6 comparable sales in the area. Asking €359,000 sits €68,716 (23.7%) above — overpriced versus fair value.
Asking €359,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €206,290 (€1,624/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €206,290, adjusted for condition and micro-location, gives a modelled fair value of €290,284 (€2,286/m²), a €68,716 (23.7%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 4a43fb | Subject | €359,000 | €2,827 | — | 79 | 61 |
| Vila do Conde · 4392f0 | Active | €375,000 | €2,586 | 8.5% | 80 | 70 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 18.0% | 69 | 62 |
| rua Flávio Gonçalves, 259 | Active | €285,000 | €1,863 | 34.1% | 68 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e6650 | Active | €312,500 | €2,042 | 27.7% | 75 | 65 |
| Median comp | €331,250 | €2,180 | 22.9% | 72 | 64 |
Long-term rental The property is currently overpriced by 23.7% compared to its fair value of €290,284, which may limit profitability for long-term rental investments. With a gross yield of only 4.6%, investors should approach this opportunity with caution, as sustaining profitability could be challenging given the elevated price point. Family rental Given the apartment's fair value of €290,284, the current listing price of €359,000 suggests it is significantly overpriced by 23.7%. The neighborhood's rating of 61/100 indicates moderate appeal for families, but the high purchase price could hinder prospective family tenants from committing to a long-term lease. Value-add renovation Despite the property’s 82/100 condition score, which suggests that it has potential, the listing price exceeds fair value by 23.7%, marking it as overpriced. Investors looking for value-add opportunities must carefully consider renovation costs against the high acquisition price, which may not yield a sufficient return on investment due to the initial overvaluation.
Economic Vulnerability With an economic stability score of 65/100, there is a moderate risk that economic fluctuations could negatively impact rental income and property value. Tenant Turnover Risk The tenant stability score of 65/100 indicates a potential for moderate tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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