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, 2-bathroom apartment of 125 m² on the 1st floor, energy rating B. Located on avenida Bernardino Machado, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment boasts a desirable south-facing orientation, ensuring abundant natural light and a direct connection to the serene River Ave, ideal for outdoor enjoyment.
The valuation. The asking price of €340,000 sits €32,400 (10.5%) above the fair value of €307,600, indicating that the property is consistently overpriced. Investors should approach this listing with caution, as the premium may not justify the investment.
Fair value modelled at €307,600 from 6 comparable sales in the area. Asking €340,000 sits €32,400 (10.5%) above — overpriced versus fair value.
Asking €340,000 versus the avenida Bernardino Machado area baseline of €247,717 (€1,982/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €247,717, adjusted for condition and micro-location, gives a modelled fair value of €307,600 (€2,461/m²), a €32,400 (10.5%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Bernardino Machado | Subject | €340,000 | €2,720 | — | 75 | 66 |
| Vila do Conde · da4744 | Active | €400,000 | €1,575 | 42.1% | 76 | 58 |
| Vila do Conde · 3d9779 | Active | €385,000 | €2,567 | 5.6% | 75 | 59 |
| rua das Urzes | Active | €399,000 | €2,404 | 11.6% | 75 | 66 |
| rua Sacra Família | Active | €319,000 | €2,346 | 13.8% | 82 | 68 |
| Median comp | €392,000 | €2,375 | 12.7% | 76 | 63 |
Long-term rental The property’s gross yield of 3.5% reflects a muted income potential given its fair value gap of 10.5%. With the neighborhood's score of 66/100 indicating limited demand, investing in this apartment is not ideally positioned for strong long-term returns. Family rental Though the apartment could appeal to families due to its size, the gap between its listing price and fair value signifies an inflated price. Additionally, the condition rating of 79/100 suggests that while the property is decent, it lacks the enhancements that might justify the higher cost in a family rental market. Buy-and-hold The buy-and-hold strategy may yield limited upside due to the property being overpriced at €340,000 versus the fair value of €307,600. Furthermore, housing demand in Vila do Conde is stable but not robust, undermining the potential for appreciation over time. Not ideal for short-term rental The property is overpriced relative to its fair market value, thus making it a less attractive option for short-term rentals. Moreover, the amenities and location proximity do not support a strong short-term rental performance. Not ideal for student housing Given the current asking price exceeds its fair value, this apartment is ill-suited for the student housing market. Additionally, the neighbourhood's conditions do not align favorably with the typical needs of student tenants seeking affordable accommodation.
Economic and Tenant Instability The combined scores of 70/100 for both economic and tenant stability indicate a moderate risk of fluctuating income and potential issues with tenant retention.
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