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.
4-bedroom, 6-bathroom house of 416 m², built in 2003, energy rating A. Located on autoestrada A28, Modivas parish, Vila do Conde municipality, Porto district. Unique Feature: The beautiful outdoor space includes a heated pool and an annex with a fully equipped kitchen and barbecue, ideal for entertaining family and friends. Additional Notes: The property's extensive garden with fruit trees and potential for a vegetable garden provides both aesthetics and functionality.
The valuation. The asking price of €895,000 is significantly above the fair value of €470,644, positioning this property as overpriced by €424,356 (90.2%). This discrepancy raises concerns for potential investors. Buy-to-flip angle. A resale strategy in this market would require significant renovations to elevate the property's appeal, given its current condition rating of 81/100. The target should be a competitive resale price to ensure a successful flip. Buy-to-let angle. With an estimated gross yield of 2.7%, the rental income strategy focuses on attracting long-term tenants, particularly families, in this suburban neighborhood near Porto. The rental income is projected to be approximately €2,014 per month.
Fair value modelled at €470,644 from 6 comparable sales in the area. Asking €895,000 sits €424,356 (90.2%) above — overpriced versus fair value.
Asking €895,000 versus the autoestrada A28 area baseline of €198,365 (€477/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €198,365, adjusted for condition and micro-location, gives a modelled fair value of €470,644 (€1,131/m²), a €424,356 (90.2%) gap versus the €895,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| autoestrada A28 | Subject | €895,000 | €2,151 | — | 78 | 64 |
| rua N, 3 | Active | €529,000 | €1,121 | 47.9% | 70 | 72 |
| rua Particular Altino Maia de Sousa, 57 | Active | €539,000 | €1,142 | 46.9% | 65 | 78 |
| Mindelo · ba3b1e | Active | €530,000 | €1,886 | 12.3% | 75 | 79 |
| rua N, 3 | Active | €529,000 | €950 | 55.9% | 61 | 64 |
| Median comp | €529,500 | €1,132 | 47.4% | 68 | 75 |
Long-term rental The property’s high listing price of €895,000 represents a significant gap of 90.2% compared to its fair value of €470,644, indicating it is overpriced. With a gross yield of only 2.7%, the potential returns do not justify the initial investment. Family rental While the property’s condition, scored at 81/100, suggests it is suitable for tenant occupancy, the high listing price makes it less attractive for family rentals. Additionally, the neighbourhood score of 64/100 indicates limited appeal for families seeking long-term housing in this area. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise, given its 90.2% overvaluation, making appreciation over time unlikely to offset the high purchase price. The low yield of 2.7% further suggests that long-term returns may fall short of covering investment costs.
Low Tenant Stability Risk The tenant stability score of 60/100 indicates potential challenges in maintaining consistent rental income due to possible high tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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