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, 3-bathroom house of 180 m², built in 2018, energy rating A. Located on rua Nova do Corgo, 43, Árvore parish, Vila do Conde municipality, Porto district. Noteworthy Features: This property boasts a spacious 70 m² basement garage accommodating 3 to 4 cars, along with its remarkable energy efficiency from solar panel integration, covering over 50% of energy needs.
The valuation. The asking price of €475,000 is only €17,809 (3.9%) above the fair value of €457,191, making it a reasonable investment at market expectations. The property sits at a fair valuation, appealing for potential investors without inflated pricing.
Fair value modelled at €457,191 from 6 comparable sales in the area. Asking €475,000 sits €17,809 (3.9%) above — overpriced versus fair value.
Asking €475,000 versus the rua Nova do Corgo, 43 area baseline of €367,799 (€2,043/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 €367,799, adjusted for condition and micro-location, gives a modelled fair value of €457,191 (€2,540/m²), a €17,809 (3.9%) gap versus the €475,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova do Corgo, 43 | Subject | €475,000 | €2,639 | — | 77 | 72 |
| Vila do Conde · 8750d1 | Active | €545,000 | €2,685 | 1.7% | 80 | 62 |
| Mindelo · ba3b1e | Active | €530,000 | €1,886 | 28.5% | 75 | 79 |
| Azurara · 5da2ad | Active | €685,000 | €2,575 | 2.4% | 77 | 76 |
| Vila do Conde · 86c9f3 | Active | €590,000 | €2,458 | 6.8% | 82 | 58 |
| Median comp | €567,500 | €2,517 | 4.6% | 79 | 69 |
Long-term rental A long-term rental strategy could be viable given the house's fair value proposition and a gross yield of 3.7%. The area benefits from its position within the Porto metropolitan region, providing a stable rental market and good accessibility to amenities. Family rental This property presents a reasonable opportunity for family rental, appealing due to its size and positive neighborhood reputation. With a condition score of 83/100, it offers a comfortable and secure living environment for families considering relocation. Buy-and-hold Adopting a buy-and-hold strategy makes sense, as the property is fairly priced within a region that has good potential for future appreciation. The low crime rates and proximity to amenities likely support long-term value stability. Not ideal for: Luxury market The property may not align with luxury market expectations due to its mid-range pricing and average neighborhood ratings. Given its fair valuation and amenities, it lacks the characteristics often sought after in high-end properties. Not ideal for: Student housing Converting this property for student housing may not be advisable, as its features and location do not cater extensively to the student demographic. The neighborhood's family-oriented reputation may lead to lower demand among students, affecting occupancy rates.
Economic Volatility A score of 75/100 indicates moderate economic volatility, which could affect rental income stability and influence tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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