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 83 m², built in 2002, energy rating D. Located Malta e Canidelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment boasts a large terrace ideal for outdoor entertaining and a closed garage, adding valuable convenience in a residential area near essential services. Valuation Verdict: Fair
The valuation. The asking price of €299,999 sits significantly above the calculated fair value of €191,637, indicating an excess of €108,362 (56.5%). Verdict: overpriced. Buy-to-flip angle. The buy-to-flip strategy would require a renovation to enhance appeal before resale, yet the current price vastly exceeds the anticipated market value after improvements. Buy-to-let angle. With a gross yield of 0%, there is no immediate rental income, necessitating a long-term hold strategy until market conditions improve or significant renovations can justify higher rents.
Fair value modelled at €191,637 from 6 comparable sales in the area. Asking €299,999 sits €108,362 (56.5%) above — overpriced versus fair value.
Asking €299,999 versus the Malta e Canidelo, Vila do Conde, Porto area baseline of €201,636 (€2,429/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 is below the parish average, reducing 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 €201,636, adjusted for condition and micro-location, gives a modelled fair value of €191,637 (€2,309/m²), a €108,362 (56.5%) gap versus the €299,999 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Malta e Canidelo · a8eda9 | Subject | €299,999 | €3,614 | — | 46 | 71 |
| Gião · 4681d2 | Active | €248,000 | €3,024 | 16.3% | 65 | 66 |
| Malta e Canidelo · dee5b9 | Active | €255,000 | €2,257 | 37.6% | 70 | 71 |
| rua do Monte e Novo Arruamento | Active | €170,000 | €2,361 | 34.7% | 68 | 69 |
| praceta Rio Ave | Active | €310,000 | €2,672 | 26.1% | 71 | 70 |
| Median comp | €251,500 | €2,517 | 30.4% | 69 | 70 |
Long-term rental With a fair value of €191,637 and a substantial gap of 56.5%, the property at €299,999 is overpriced and does not support a viable long-term rental strategy. Given a gross yield of 0% and a condition score of 48/100, potential rental income remains unattractive in this suburban area. Family rental Despite reasonable access to amenities and schools in the neighbourhood, the property is overpriced at €299,999, compared to its fair value of €191,637, resulting in a significant 56.5% gap. Additionally, with a condition score of 48/100, it may not appeal to families seeking quality housing options. Buy-and-hold As an investment for buy-and-hold strategies, this property is overpriced at €299,999, far exceeding the fair value of €191,637, creating a 56.5% gap that undermines its potential for appreciation. With a gross yield of 0% and a condition score of 48/100, the property lacks the fundamentals for favorable long-term returns.
Economic downturn risk With an economic stability score of 75/100, there could be potential vulnerabilities in the local economy that may affect rental demand and tenant retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
