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 155 m² on the 2nd floor, built in 2002, energy rating D. Located on rua da Praia S / N, Labruge parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment boasts a private garage box and access to a common pool, enhancing its appeal for outdoor leisure activities and secure parking solutions.
The valuation. The asking price of €412,000 is positioned significantly below the fair value of €483,931, with a difference of €71,931 (14.9%). This presents a solid buying opportunity due to the underpricing. Buy-to-flip angle. With the potential for a quick turnaround in this sought-after area, the strategy would involve renovating the apartment minimally and targeting a resale at or above the fair value, capitalizing on market demand. Buy-to-let angle. The projected rental income of approximately €1,373 per month translates to a gross yield of 4%, making this property an attractive option for long-term tenants in a family-oriented neighborhood.
Fair value modelled at €483,931 from 6 comparable sales in the area. Asking €412,000 sits €71,931 (14.9%) below — the upside to fair value.
Asking €412,000 versus the rua da Praia S / N area baseline of €407,444 (€2,629/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €407,444, adjusted for condition and micro-location, gives a modelled fair value of €483,931 (€3,122/m²), a €71,931 (14.9%) gap versus the €412,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Praia S / N | Subject | €412,000 | €2,658 | — | 78 | 72 |
| travessa de Miguel Duarte Caturro, 50 | Active | €480,000 | €2,791 | 5.0% | 78 | 68 |
| Perafita, Lavra e Santa Cruz do Bispo · 956916 | Active | €375,000 | €3,319 | 24.8% | 70 | 68 |
| rua Professor Ofélia da Cruz Costa, 900 | Active | €498,000 | €2,964 | 11.5% | 82 | 76 |
| rua da Agudela | Active | €425,000 | €3,346 | 25.9% | 70 | 67 |
| Median comp | €452,500 | €3,142 | 18.2% | 74 | 68 |
Long-term rental The property in Labruge presents an attractive opportunity for long-term rental given its fair value assessment of €483,931 and the current listing price of €412,000, resulting in a notable valuation gap of 14.9%. With a solid gross yield of 4% and a strong condition score of 80/100, this investment stands to benefit from consistent demand in the suburban setting of Greater Porto. Family rental The spacious 3-bed apartment is ideally suited for family rental, leveraging its ample size of 155m² in a neighbourhood that scores 72/100, offering essential amenities and urban accessibility. The competitive pricing, which is significantly below its fair value, makes it an appealing choice for families seeking quality living near Greater Porto. Buy-and-hold For buy-and-hold investors, the Labruge property provides a considerable opportunity with its current listing being 14.9% below fair value, suggesting strong capital appreciation potential over time. The combination of a 4% gross yield and solid condition rating reinforces its viability as a long-term investment in a growing suburban area of Vila do Conde.
Economic Vulnerability The economic stability score of 75 suggests a moderate risk of economic downturn impacting rental income, while the tenant stability score of 70 indicates potential fluctuations in tenant retention, possibly affecting cash flow.
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