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.
1-bedroom, 1-bathroom apartment of 230 m², built in 1997. Located on rua Alfredo Bastos, Vila do Conde parish, Vila do Conde municipality, Porto district. This property features an expansive 150 m² private terrace, ideal for outdoor entertainment, and is just a two-minute walk from the beach, enhancing its desirability.
The valuation. The asking price of €198,500 is significantly below the fair value of €441,759, representing a discount of €243,259 (55.1%). This positions the property as subvalued in the current market.
Fair value modelled at €441,759 from 6 comparable sales in the area. Asking €198,500 sits €243,259 (55.1%) below — the upside to fair value.
Asking €198,500 versus the rua Alfredo Bastos area baseline of €318,291 (€1,384/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 €318,291, adjusted for condition and micro-location, gives a modelled fair value of €441,759 (€1,921/m²), a €243,259 (55.1%) gap versus the €198,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alfredo Bastos | Subject | €198,500 | €863 | — | 75 | 64 |
| Vila do Conde · 3d98ad | Active | €297,500 | €1,681 | 94.8% | 75 | 67 |
| praceta Irmã Maria Campos | Active | €260,000 | €2,301 | 166.6% | 78 | 54 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 5ed003 | Active | €260,000 | €2,301 | 166.6% | 75 | 69 |
| Azurara · efdcb9 | Active | €298,000 | €2,000 | 131.7% | 74 | 73 |
| Median comp | €278,750 | €2,151 | 149.2% | 75 | 68 |
Long-term rental The current listing of €198,500 for the 1-bed apartment in Vila do Conde presents a significant opportunity given the fair value of €441,759, resulting in a 55.1% gap. While the gross yield is currently 0%, the strong employment prospects and amenities in proximity to Porto suggest potential for stable tenancy and rental growth over time. Family rental With the apartment priced at €198,500 against a fair value of €441,759, there's a considerable advantage for potential family renters seeking affordability in a desirable location. The neighborhood's access to Porto enhances its attractiveness for families, despite the apartment's current lack of yield. Buy-and-hold Investing in this apartment listed at €198,500, while significantly below the fair value of €441,759, offers substantial upside potential for long-term appreciation. The favorable neighborhood conditions, supported by economic stability and growing amenities, indicate strong future value retention for buy-and-hold strategies.
Economic instability risk The economic stability score of 50/100 suggests potential fluctuations in the local economy, increasing the likelihood of tenant turnover and rent collection issues.
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