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 house of 102 m², built in 1977, energy rating F. Located Mindelo parish, Vila do Conde municipality, Porto district. Proximity to the beach allows for a lifestyle that embraces daily seaside activities, while local essential services enhance convenience significantly for residents and visitors alike.
The valuation. The asking price of €205,000 sits slightly above the fair value of €197,028, representing a small discrepancy of €7,972 (4.0%). This suggests the property is appropriately priced within the current market context.
Fair value modelled at €197,028 from 6 comparable sales in the area. Asking €205,000 sits €7,972 (4.0%) above — overpriced versus fair value.
Asking €205,000 versus the Mindelo, Vila do Conde, Porto area baseline of €197,761 (€1,939/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €197,761, adjusted for condition and micro-location, gives a modelled fair value of €197,028 (€1,932/m²), a €7,972 (4.0%) gap versus the €205,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mindelo · f5ec11 | Subject | €205,000 | €2,010 | — | 54 | 72 |
| Mindelo · dc15da | Active | €549,900 | €2,037 | 1.3% | — | 68 |
| rua Lage de Cima, 586 | Active | €239,000 | €1,660 | 17.4% | 45 | 68 |
| Mindelo · b7c29d | Active | €549,900 | €2,037 | 1.3% | — | 72 |
| rua da Lage, 586 | Active | €219,000 | €1,521 | 24.3% | — | 66 |
| Median comp | €394,450 | €1,849 | 8.0% | 45 | 68 |
Long-term rental This property offers a gross yield of 5.6%, indicating solid rental income potential that aligns with local demand trends. Given the neighbourhood's decent score of 72/100 and low crime rates, it is likely to attract reliable long-term tenants. Buy-and-hold With a fair value of €197,028 and a listing price of €205,000, this property is reasonably priced for appreciation over time within the Greater Porto region. Its condition rating of 52/100 suggests that while some upgrades are needed, it nonetheless holds potential for value increases in a stable market. Family rental The 3-bedroom configuration is well-suited for families, and the property's location in a suburban area with a low crime rate enhances its appeal to this demographic. Given the kitchen amenities and space, it meets the practical needs of family renters, contributing to stable occupancy likelihood. Short-term vacation rental This property is not suited for short-term vacation rentals primarily due to its location and condition, which may deter transient guests. Also, the competitive market in Greater Porto is weighted more towards urban hubs with higher tourist traffic. Student housing The property does not cater effectively to student housing due to its suburban location and the larger family-oriented market dynamics. Limited amenities catering to students further diminishes its attractiveness for this segment, leaving it less favorable for that rental strategy.
Economic and Tenant Instability The economic stability score of 70/100 suggests moderate economic risk, paired with a tenant stability score of 70/100 indicating potential fluctuation in tenant retention, which could affect rental income stability and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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