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 house of 192 m², built in 1988, energy rating E. Located on rua Particular Alberto Mesquita S / N, Mindelo parish, Vila do Conde municipality, Porto district. Noteworthy Features: This property showcases a unique mezzanine living room, enhancing both its spaciousness and architectural interest, alongside direct access to the garden from the open social area.
The valuation. The asking price of €489,000 exceeds the fair value of €390,720 by €98,280, indicating that the property is overpriced by 25.2%. This discrepancy suggests that potential buyers may need to negotiate significantly to align with market standards.
Fair value modelled at €390,720 from 6 comparable sales in the area. Asking €489,000 sits €98,280 (25.2%) above — overpriced versus fair value.
Asking €489,000 versus the rua Particular Alberto Mesquita S / N area baseline of €328,206 (€1,709/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €328,206, adjusted for condition and micro-location, gives a modelled fair value of €390,720 (€2,035/m²), a €98,280 (25.2%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Particular Alberto Mesquita S / N | Subject | €489,000 | €2,547 | — | 75 | 68 |
| rua da Baixa, 3 | Active | €450,000 | €2,250 | 11.7% | 75 | 63 |
| Mindelo · 65a7c6 | Active | €549,000 | €2,033 | 20.2% | 75 | 70 |
| Mindelo · 420204 | Active | €549,900 | €2,037 | 20.0% | 78 | 66 |
| rua Nossa Senhora de Fátima | Active | €450,000 | €3,462 | 35.9% | 75 | 68 |
| Median comp | €499,500 | €2,144 | 15.8% | 75 | 67 |
Long-term rental With a gross yield of only 4% and an asking price that exceeds fair value by 25.2%, the investment potential for long-term rental is limited. The property is not positioned to offer competitive returns when sourced against the current market conditions. Family rental The suburban setting near Porto may appeal to families, but the asking price remains above fair market value, posing affordability challenges. Given the high gap versus fair value, potential family renters may seek more value in alternative housing options. Buy-and-hold While the property has a decent condition rating of 76/100, purchasing at €489,000 does not align with the prevailing fair value of €390,720, making this a less attractive buy-and-hold strategy. Investors may find better appreciation opportunities in similarly priced properties that are more in line with market expectations.
Economic Volatility Risk The economic stability score of 70 suggests some vulnerability to economic fluctuations, which could impact rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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