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. Outdoor Features: The property boasts a private garden with various leisure areas, enhancing its outdoor living potential in a quiet residential setting. Customization Opportunity: Future owners can opt to incorporate a swimming pool for additional luxury.
The valuation. The asking price of €270,000 is significantly above the fair value of €223,253, resulting in an overvaluation of €46,747 (20.9%). This suggests that prospective investors should be cautious in pursuing this property.
Fair value modelled at €223,253 from 6 comparable sales in the area. Asking €270,000 sits €46,747 (20.9%) above — overpriced versus fair value.
Asking €270,000 versus the Fornelo e Vairão, Vila do Conde, Porto area baseline of €219,768 (€1,744/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €219,768, adjusted for condition and micro-location, gives a modelled fair value of €223,253 (€1,772/m²), a €46,747 (20.9%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fornelo e Vairão · 8313a3 | Subject | €270,000 | €2,143 | — | 72 | 75 |
| rua D. Ildefonso | Active | €265,000 | €1,636 | 23.7% | 70 | 67 |
| Fornelo e Vairão · 38b4fd | Active | €285,000 | €2,262 | 5.6% | 70 | 73 |
| Malta e Canidelo · e40b0d | Active | €157,500 | €1,500 | 30.0% | 75 | 67 |
| rua Azevedo | Active | €290,000 | €1,908 | 11.0% | 73 | 65 |
| Median comp | €275,000 | €1,772 | 17.3% | 72 | 67 |
Long-term rental The property is overpriced at €270,000, significantly higher than the fair value of €223,253, limiting potential returns. With a gross yield of 0%, the investment does not present a sustainable rental income opportunity. Buy-and-hold At a 20.9% premium over fair value, holding onto this property is unlikely to yield capital appreciation in the near term. The overall condition rating of 74/100 further indicates that there may be ongoing maintenance issues that could erode returns. Family rental The property’s price tag outstrips its fair value, making it less attractive for the family rental market where value for money is crucial. The decent neighborhood rating of 75/100 may not justify the higher price, especially when considering other options that provide better value. Not ideal for The property is not suitable for short-term rental or student housing due to its overpriced status, reducing its competitive edge in these markets. Additionally, the low gross yield suggests it would struggle to generate the required income volumes typically associated with these strategies.
Economic sensitivity With an economic stability score of 75/100, there is a notable risk that any downturn in the local economy could impact tenant incomes and occupancy rates, affecting rental income stability.
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