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 126 m² on the 1st floor, built in 1991, energy rating D. Located on rua dos Pescadores, 57, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features two balconies, enhancing outdoor space options, and is ideally located just 500 meters from the beach, ensuring a vibrant coastal lifestyle.
The valuation. The asking price of €320,000 is above the fair value of €296,700 by €23,300 (7.9%). While it’s slightly elevated, it remains within an acceptable range.
Fair value modelled at €296,700 from 6 comparable sales in the area. Asking €320,000 sits €23,300 (7.9%) above — overpriced versus fair value.
Asking €320,000 versus the rua dos Pescadores, 57 area baseline of €236,658 (€1,878/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €236,658, adjusted for condition and micro-location, gives a modelled fair value of €296,700 (€2,355/m²), a €23,300 (7.9%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Pescadores, 57 | Subject | €320,000 | €2,540 | — | 72 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 6fbb9f | Active | €349,000 | €2,407 | 5.2% | 75 | 64 |
| Vila do Conde · 1f3624 | Active | €299,990 | €2,655 | 4.5% | 68 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 19f819 | Active | €352,000 | €2,729 | 7.4% | 73 | 56 |
| Aver-o-Mar, Amorim e Terroso · cfde79 | Active | €399,000 | €2,192 | 13.7% | 75 | 62 |
| Median comp | €350,500 | €2,531 | 0.3% | 74 | 63 |
Long-term rental This property offers a 4.1% gross yield, which aligns with typical returns in the Vila do Conde market. However, given its fair value assessment, investors must be cautious, as competition in the rental market and the medium tenant quality could impact long-term profitability. Short-term vacation rental With the tourism influence of Vila do Conde and proximity to Póvoa de Varzim, this property could attract short-term vacation rentals effectively. Nevertheless, considering the current pricing, potential returns may be restrained by the 7.9% gap to fair value, demanding careful revenue projections. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield moderate appreciation over time, especially given the area's tourism potential. However, the 7.9% deviation from its fair value indicates that future returns could be less favorable, necessitating patience and a long-term outlook in management decisions.
Economic Dependency Risk The property faces a moderate economic risk with an economic stability score of 60/100, indicating vulnerability to local economic fluctuations. Tenancy Turnover Risk The tenant stability score of 55/100 suggests a higher likelihood of tenant turnover, which may impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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