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 house of 240 m², built in 2022, energy rating B. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: The property boasts a spacious terrace accessible from the common/dining room, ideal for outdoor entertaining, and a private dressing room in the master suite for added luxury.
The valuation. The asking price of €590,000 sits significantly above the fair value of €469,054, representing an overpricing of €120,946, or 25.8%. This discrepancy suggests caution for potential buyers.
Fair value modelled at €469,054 from 6 comparable sales in the area. Asking €590,000 sits €120,946 (25.8%) above — overpriced versus fair value.
Asking €590,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €308,336 (€1,285/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €308,336, adjusted for condition and micro-location, gives a modelled fair value of €469,054 (€1,954/m²), a €120,946 (25.8%) gap versus the €590,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 86c9f3 | Subject | €590,000 | €2,458 | — | 82 | 58 |
| praça do Almada | Active | €439,000 | €2,335 | 5.0% | 80 | 61 |
| rua de Trás os Quintais, 160 | Active | €748,000 | €1,953 | 20.6% | 77 | 63 |
| rua da Gândara | Active | €448,000 | €1,931 | 21.4% | 85 | 58 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 001818 | Active | €540,000 | €1,388 | 43.5% | 78 | 59 |
| Median comp | €494,000 | €1,942 | 21.0% | 79 | 60 |
Long-term rental This property is priced at €590,000, which represents a 25.8% gap above its fair value of €469,054, suggesting it is overpriced. With a gross yield of only 3.9%, it may not provide sufficient income to justify its high purchase price in the long term. Buy-and-hold Investing in this property at its current price of €590,000, which is 25.8% above fair value, poses a significant risk for long-term capital appreciation. Given the moderate local economic activity and less-than-ideal neighborhood rating of 58/100, potential appreciation is unlikely to offset the initial overvaluation. Family rental Although the property offers decent condition at 85/100, the listing price of €590,000 is 25.8% higher than the fair value, indicating it is overpriced. Additionally, the neighborhood's overall score of 58/100 suggests challenges in attracting quality family tenants at this elevated price point.
Economic vulnerability With an economic stability score of 55/100 and tenant stability at 60/100, there is a heightened risk that fluctuations in the local economy may lead to tenant turnover and potential income instability.
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