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 126 m², built in 2005, energy rating C. Located Fornelo e Vairão parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment includes a private garden and pool, enhancing outdoor leisure opportunities, and a closed garage with electric vehicle charging point for modern convenience.
The valuation. The asking price of €285,000 sits €10,810 (3.9%) above the fair value of €274,190, indicating that the property is priced at a fair market rate. This suggests it is reasonable given its location and condition.
Fair value modelled at €274,190 from 6 comparable sales in the area. Asking €285,000 sits €10,810 (3.9%) above — overpriced versus fair value.
Asking €285,000 versus the Fornelo e Vairão, Vila do Conde, Porto area baseline of €270,232 (€2,145/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €270,232, adjusted for condition and micro-location, gives a modelled fair value of €274,190 (€2,176/m²), a €10,810 (3.9%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fornelo e Vairão · 38b4fd | Subject | €285,000 | €2,262 | — | 70 | 73 |
| rua Azevedo | Active | €290,000 | €1,908 | 15.7% | 73 | 65 |
| Malta e Canidelo · dee5b9 | Active | €255,000 | €2,257 | 0.2% | 70 | 71 |
| rua D. Ildefonso | Active | €265,000 | €1,636 | 27.7% | 70 | 67 |
| rua Central de Vairão, 130 | Active | €239,000 | €2,343 | 3.6% | 70 | 71 |
| Median comp | €260,000 | €2,083 | 7.9% | 70 | 69 |
Long-term rental The property in Fornelo e Vairão presents a stable investment opportunity with a fair market valuation, though it shows a modest gap of 3.9% against its fair value. The gross yield at 0% suggests an emphasis on long-term capital appreciation rather than immediate cash flow. Family rental Given the suburban setting near Porto, the property is suitable for families seeking long-term residence; however, its fair pricing means returns may be slower to materialize. The 75/100 condition rating reflects decent living standards, appealing to families looking for quality housing. Buy-and-hold As a buy-and-hold investment, the apartment holds potential for value appreciation in a stable location, but the current valuation suggests it is fairly priced. The proximity to Porto supports long-term economic stability, making this property a reasonable choice for a patient investor. Not ideal for With the current state of the property and its fair valuation, it is not suitable for short-term rental, luxury markets, or student housing. The market conditions and tenant quality in the area do not favor these strategies, prompting investors to consider long-term residential solutions instead.
Economic vulnerability While the economic stability score is relatively high at 80/100, the tenant stability score of 75/100 indicates a potential risk of turnover, which could lead to increased costs and vacancy issues.
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
