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, 3-bathroom apartment of 220 m² on the 1st floor, built in 2006, energy rating C. Located on avenida do Castelo, 73, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features an onyx sink in the master suite, central heating for year-round comfort, and breathtaking sea views from a private balcony overlooking a public garden.
The valuation. The asking price of €980,000 is significantly above the fair value of €660,000, reflecting a €320,000 (48.5%) premium that indicates the property is overpriced. This disparity suggests a cautious approach for prospective buyers. Buy-to-flip angle. The potential for a buy-and-flip strategy is limited, given the current valuation. Significant renovations would be required to attain a competitive resale price in a mixed neighborhood. Buy-to-let angle. A buy-to-let strategy shows a gross yield of just 1.9%, with estimated rental income of €1,552/month. This low yield indicates that long-term profitability may be challenging in the current rental market.
Fair value modelled at €660,000 from 5 comparable sales in the area. Asking €980,000 sits €320,000 (48.5%) above — overpriced versus fair value.
Asking €980,000 versus the avenida do Castelo, 73 area baseline of €488,019 (€2,218/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 87/100 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 €488,019, adjusted for condition and micro-location, gives a modelled fair value of €660,000 (€3,000/m²), a €320,000 (48.5%) gap versus the €980,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Castelo, 73 | Subject | €980,000 | €4,455 | — | 88 | 60 |
| Vila do Conde · 03257e | Active | €360,000 | €2,400 | 46.1% | 85 | 65 |
| rua N, 7, 50 | Active | €392,000 | €2,882 | 35.3% | 80 | 68 |
| avenida Comandante Coutinho Lanhoso, 682 | Active | €369,000 | €3,000 | 32.7% | 85 | 64 |
| rua de S. Julião, 192 | Active | €650,000 | €3,333 | 25.2% | 79 | 53 |
| Median comp | €380,500 | €2,941 | 34.0% | 83 | 65 |
Family rental The 4-bed apartment in Vila do Conde is overpriced at €980,000 compared to the fair value of €660,000, resulting in a 48.5% gap. With a low gross yield of 1.9% and a neighborhood quality score of 60/100, this investment may fail to attract the target tenant demographic effectively. Long-term rental Given its overpriced listing of €980,000 against a fair valuation of €660,000, the potential for long-term rental returns appears limited with a gross yield of only 1.9%. The combination of a decent condition rating of 87/100 and a neighborhood score of 60/100 suggests that while the apartment is livable, it may not command the rental income necessary to offset its high purchase price. Buy-and-hold Investing in this Vila do Conde apartment at an overpriced value of €980,000 could hinder long-term appreciation potential given its significant gap from the fair value of €660,000. The modest gross yield of 1.9% and average neighborhood quality indicate that holding onto the property may not yield the expected returns over time.
Economic Vulnerability The property may face risks due to its economic stability score of 60/100, indicating potential fluctuations in local market conditions that could affect 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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