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.
8-bedroom, 0-bathroom house of 533 m², built in 1937. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Unique investment opportunity with potential for high-density vertical construction, situated just steps from the beach, enhancing attractiveness for various development types from residential to hospitality.
The valuation. The asking price of €1,700,000 sits significantly above the fair value of €1,022,044, by €677,956 (66.3%). This property is overpriced given its current condition and market analysis.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 5da1fb | Subject | €1,700,000 | €3,189 | — | — | 63 |
| Vila do Conde · 90d837 | Active | €450,000 | €2,961 | 7.2% | 41 | 72 |
| Vila do Conde · 25f7e1 | Active | €320,000 | €3,333 | 4.5% | 62 | 56 |
| Vila do Conde · 6d55a1 | Active | €950,000 | €1,855 | 41.8% | 42 | 62 |
| rua da Igreja, 28A | Active | €399,000 | €1,483 | 53.5% | 60 | 66 |
| Median comp | €424,500 | €2,408 | 24.5% | 51 | 64 |
Long-term rental The property is currently listed at €1,700,000, which is a substantial 66.3% above its fair value of €1,022,044, making it unappealing for long-term rental investments. With a yield of 0%, the high price tag does not justify a reliable income stream from renters due to its significant market overvaluation. Family rental At €1,700,000, the property is significantly overpriced at a 66.3% premium to its fair value of €1,022,044, making it a poor candidate for family rentals. The suburban location provides some amenities and low crime rates; however, the asking price does not reflect the value families typically seek in the housing market. Value-add renovation The property's condition is rated at 0/100, rendering it a risky investment for value-add renovations at €1,700,000, which is 66.3% over its fair value of €1,022,044. Potential returns are severely hampered by the initial price point and the need for extensive renovations, as the cost outweighs the probable value increase after improvements.
Economic Vulnerability The economic stability score of 60/100 indicates a moderate risk of economic downturns affecting property performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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