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 150 m² on the 1st floor, built in 2006, energy rating B. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This property includes convenient access to public transport with the metro station just a minute away, enhancing its appeal for urban commuters.
The valuation. The asking price of €385,000 is €23,356 (6.5%) above the fair value of €361,644. This positions the property as fairly valued, aligning with market expectations and similar comparable properties in the area.
Fair value modelled at €361,644 from 6 comparable sales in the area. Asking €385,000 sits €23,356 (6.5%) above — overpriced versus fair value.
Asking €385,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €284,387 (€1,896/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €284,387, adjusted for condition and micro-location, gives a modelled fair value of €361,644 (€2,411/m²), a €23,356 (6.5%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 3d9779 | Subject | €385,000 | €2,567 | — | 75 | 59 |
| rua das Urzes | Active | €399,000 | €2,404 | 6.4% | 75 | 66 |
| Vila do Conde · da4744 | Active | €400,000 | €1,575 | 38.6% | 76 | 58 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0017b2 | Active | €370,000 | €2,418 | 5.8% | 78 | 55 |
| rua Cidade de La Guardia, 38 | Active | €695,000 | €2,574 | 0.3% | 85 | 54 |
| Median comp | €399,500 | €2,411 | 6.1% | 77 | 57 |
Long-term rental The property in Vila do Conde, with a listing price of €385,000, represents a fair investment with a modest gross yield of 3.5%. Given the moderate urban characteristics and mixed demographic of the area, it is positioned to attract stable long-term tenants. Student housing With proximity to Braga, this property is ideally suited for student housing, capitalizing on the local mixed residential and student population. At a fair price of €385,000, it can offer a reliable rental income, despite a competitive rental market. Value-add renovation Although the property is currently in fair condition with a score of 78/100, there is potential for value-add renovations to enhance both its appeal and rental income. Investing at the fair price of €385,000 allows for strategic upgrades that could improve the property’s overall value. Not ideal for luxury market This property does not cater to the luxury market due to its fair valuation and neighborhood rating of 59/100. Additionally, the existing condition may not satisfy luxury buyers looking for high-end amenities. Not ideal for short-term vacation rental The listing price of €385,000 and the property’s location and condition do not align well with the short-term vacation rental market. A neighborhood score of 59/100 indicates a less favorable environment for this strategy. Not ideal for family rental The apartment’s valuation does not support it as a competitive option for family rentals, given the average condition and neighborhood characteristics. The market dynamics suggest that families may seek properties with higher neighborhood ratings and amenities.
Economic Downturn Risk With an economic stability score of 60/100, the property may be vulnerable to downturns that could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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