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.
2-bedroom, 1-bathroom apartment of 177 m², built in 1997, energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment boasts a magnificent 90-square-meter terrace ideal for entertaining and is located just steps from the beach in the Caxinas area of Vila do Conde.
The valuation. The asking price of €297,500 is significantly lower than the fair value of €380,582, which represents a difference of €83,082 (21.8%). This property is underpriced, offering a compelling opportunity for prospective buyers.
Fair value modelled at €380,582 from 6 comparable sales in the area. Asking €297,500 sits €83,082 (21.8%) below — the upside to fair value.
Asking €297,500 versus the Vila do Conde, Vila do Conde, Porto area baseline of €282,521 (€1,596/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 €282,521, adjusted for condition and micro-location, gives a modelled fair value of €380,582 (€2,150/m²), a €83,082 (21.8%) gap versus the €297,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 3d98ad | Subject | €297,500 | €1,681 | — | 75 | 67 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 19f6d2 | Active | €265,000 | €810 | 51.8% | 68 | 66 |
| rua Flávio Gonçalves, 229 | Active | €268,000 | €2,351 | 39.9% | 72 | 62 |
| Vila do Conde · 3df46a | Active | €354,000 | €2,133 | 26.9% | 70 | 56 |
| Vila do Conde · 19f3ee | Active | €354,000 | €2,133 | 26.9% | 72 | 62 |
| Median comp | €311,000 | €2,133 | 26.9% | 71 | 62 |
Long-term rental The 2-bed apartment in Vila do Conde presents an attractive option for long-term rental with a gross yield of 4.5%, positioned favorably against the fair value of €380,582. The suburban setting near Porto enhances tenant demand due to accessibility to educational and economic centers, making it a sound investment. Family rental With its spacious layout of 177m², this apartment is well-suited for families, and its location in a safe neighborhood contributes positively to tenant desirability. The proximity to reputable schools and amenities in the greater Porto area further strengthens its appeal to family renters, aligning with the market demand. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield appreciable returns, given the 21.8% gap from its fair value. The combination of solid tenant quality and the low crime rate in the area supports long-term stability and potential appreciation in value over time.
Tenant turnover risk With both economic and tenant stability scores at 70/100, there is a significant risk of increased tenant turnover, which could lead to higher vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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