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, 1-bathroom apartment of 76 m², built in 1985, energy rating D. Located on rua da Praia, 51, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment boasts a private yard, perfect for outdoor dining, and is located just 50 meters from the beach in a premium area of Vila do Conde.
The valuation. The asking price of €299,000 sits €30,706 below the fair value of €329,706, indicating a fair valuation at 9.3% under market expectations. This positions the property well for potential appreciation. Buy-to-flip angle. The strategy for this apartment would focus on cosmetic enhancements to leverage the already high-quality finishes for a quick resale, maximizing profit potential without extensive renovations. Buy-to-let angle. With an estimated rental income of €897 per month, the property offers a gross yield of 3.6%, providing a steady return for long-term investment in a suburban area with access to Porto.
Fair value modelled at €329,706 from 5 comparable sales in the area. Asking €299,000 sits €30,706 (9.3%) below — the upside to fair value.
Asking €299,000 versus the rua da Praia, 51 area baseline of €283,261 (€3,727/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €283,261, adjusted for condition and micro-location, gives a modelled fair value of €329,706 (€4,338/m²), a €30,706 (9.3%) gap versus the €299,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Praia, 51 | Subject | €299,000 | €3,934 | — | 80 | 58 |
| Vila do Conde · 090269 | Active | €295,000 | €4,338 | 10.3% | 77 | 72 |
| Vila do Conde · 02385c | Active | €295,000 | €4,338 | 10.3% | 80 | 57 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0901fc | Active | €295,000 | €4,338 | 10.3% | 80 | 56 |
| travessa da Poça da Barca, 83 | Active | €295,000 | €4,338 | 10.3% | 75 | 60 |
| Median comp | €295,000 | €4,338 | 10.3% | 79 | 59 |
Long-term rental This 2-bed apartment in Vila do Conde shows a fair valuation with a gap of only 9.3% below its fair value of €329,706. With a gross yield of 3.6%, it presents a stable option for long-term rental in a suburban area that allows for commuting to Porto. Family rental The property, while positioned in a suburban neighborhood with moderate amenities, remains fairly priced for family rental purposes. Its condition rating of 83/100 supports suitability for long-term family tenants, although the local amenities score of 58/100 may affect tenant appeal. Buy-and-hold As a buy-and-hold investment, this apartment is priced fairly relative to its estimated value, making it a reasonable choice for future appreciation. However, the neighborhood's modest amenities and tenant quality signal caution for immediate returns despite a decent yield of 3.6%.
Economic Sensitivity Risk The property has a mediocre economic stability score of 55/100, indicating potential vulnerability to market fluctuations 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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