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, 3-bathroom apartment of 164 m² on the 1st floor, built in 2023, energy rating B. Located on travessa das Devesas, 52, Gião parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment's two-car garage is pre-installed for electric charging, catering to modern eco-friendly needs, while its low-density setting ensures noise-free living on a cul-de-sac.
The valuation. The asking price of €310,000 sits €18,286 below fair value (€328,286), representing a 5.6% differential. This property is thus fairly valued, aligning with its high-quality finishes and attractive location.
Fair value modelled at €328,286 from 6 comparable sales in the area. Asking €310,000 sits €18,286 (5.6%) below — the upside to fair value.
Asking €310,000 versus the travessa das Devesas, 52 area baseline of €337,043 (€2,055/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €337,043, adjusted for condition and micro-location, gives a modelled fair value of €328,286 (€2,002/m²), a €18,286 (5.6%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Devesas, 52 | Subject | €310,000 | €1,890 | — | 85 | 70 |
| rua D. Ildefonso | Active | €265,000 | €1,636 | 13.5% | 70 | 67 |
| rua Central de Vairão, 130 | Active | €239,000 | €2,343 | 24.0% | 70 | 71 |
| rua Azevedo | Active | €290,000 | €1,908 | 0.9% | 73 | 65 |
| Malta e Canidelo · e40b0d | Active | €157,500 | €1,500 | 20.6% | 75 | 67 |
| Median comp | €252,000 | €1,772 | 6.3% | 72 | 67 |
Long-term rental The property presents a fair value assessment, indicating that it is aligned with the current market pricing. However, with a gross yield of 0%, potential investors should be cautious about long-term returns, as this could impact their rental income viability. Family rental Given its size and condition score of 83/100, this apartment can appeal to families looking for spacious living arrangements in a suburban setting. Despite the fair valuation, the lack of yield suggests that it may not generate significant rental income for family tenants. Buy-and-hold While the property is fairly valued with a gap of only 5.6% from fair value, its current condition and neighbourhood rating indicate that it may not provide substantial appreciation potential over time. Investors looking for long-term capital growth should weigh these factors against the broader real estate trends in the Greater Porto area.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher turnover and vacancy rates, which could lead to increased costs and reduced cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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