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.
6-bedroom, 0-bathroom house of 533 m². Located Vila do Conde parish, Vila do Conde municipality, Porto district. Investment Opportunity: This property features eight ruinous houses ripe for vertical construction, offering significant potential for diverse development projects just steps from the beach.
The valuation. The asking price of €1,700,000 is significantly above the fair value of €1,394,216, resulting in an overvaluation of €305,784 (21.9%). This discrepancy indicates potential challenges in achieving a suitable return on investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 5da29d | Subject | €1,700,000 | €3,189 | — | — | 64 |
| Vila do Conde · 25f7e1 | Active | €320,000 | €3,333 | 4.5% | 62 | 56 |
| Vila do Conde · 6d55ac | Active | €249,000 | €1,754 | 45.0% | 40 | 53 |
| Azurara · 49b899 | Active | €260,000 | €2,600 | 18.5% | — | 67 |
| Vila do Conde · 90d837 | Active | €450,000 | €2,961 | 7.2% | 41 | 72 |
| Median comp | €290,000 | €2,781 | 12.8% | 41 | 62 |
Long-term rental The property is priced at €1,700,000, a significant 21.9% above its fair value of €1,394,216, indicating it is overpriced. Given the lack of rental yield and poor property condition, long-term rental potential appears limited, making it a less attractive investment. Family rental While Vila do Conde offers reasonable commuting access to Porto's employment center, the substantial price premium of €1,700,000 over the fair value makes this investment less compelling. The neighborhood's average rating of 64/100 indicates potential for families, but not enough to justify the current excessive price. Buy-and-hold Investing in this property at €1,700,000, which exceeds its fair value by 21.9%, suggests a poor buy-and-hold strategy due to its lack of yield and urgent need for renovation. While the suburban location may appeal to future buyers, the high price limits long-term appreciation potential, rendering the investment unsound.
Economic Vulnerability The property faces potential economic risks due to its economic stability score of 65, which indicates a moderate level of vulnerability in the local economy that could impact tenant retention and 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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