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, 2-bathroom apartment of 93 m² on the 3rd floor, built in 1999, energy rating D. Located Labruge parish, Vila do Conde municipality, Porto district. This apartment boasts a heat recovery system in the living room, enhancing energy efficiency while providing a comfortable environment year-round.
The valuation. The asking price of €278,000 sits 8.7% below the fair value of €304,513, indicating it is approximately priced correctly in today’s market. This valuation suggests no significant distress or opportunity to negotiate further. Buy-to-flip angle. A buy-to-flip strategy could focus on minor renovations, particularly in the aging bathroom fixtures, potentially increasing the resale value significantly. This could enable a profitable quick turnover upon completion of upgrades. Buy-to-let angle. With an estimated rental income of €973 per month, the gross yield stands at 4.2%. This indicates a solid opportunity for long-term rental, appealing to families drawn by the suburban location near Porto.
Fair value modelled at €304,513 from 6 comparable sales in the area. Asking €278,000 sits €26,513 (8.7%) below — the upside to fair value.
Asking €278,000 versus the Labruge, Vila do Conde, Porto area baseline of €281,361 (€3,025/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing 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 €281,361, adjusted for condition and micro-location, gives a modelled fair value of €304,513 (€3,274/m²), a €26,513 (8.7%) gap versus the €278,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Labruge · ee884c | Subject | €278,000 | €2,989 | — | 73 | 70 |
| Perafita, Lavra e Santa Cruz do Bispo · 3d98e1 | Active | €405,000 | €4,050 | 35.5% | 72 | 71 |
| rua da Praia S / N | Active | €412,000 | €2,658 | 11.1% | 78 | 72 |
| rua Ofélia da Cruz Costa | Active | €425,000 | €3,014 | 0.8% | 76 | 69 |
| rua Abel Pereira Gomes | Active | €365,000 | €3,230 | 8.1% | 75 | 75 |
| Median comp | €408,500 | €3,122 | 4.4% | 76 | 72 |
Long-term rental The property offers a gross yield of 4.2%, aligning well with the long-term rental market in the moderate suburban setting of Labruge. However, it is important to consider its fair value assessment, as the current listing at €278,000 reflects a fair pricing strategy rather than an exceptional opportunity. Buy-and-hold Given the fair value of €304,513, purchasing this apartment at €278,000 may not achieve significant capital appreciation over time, but it does provide stability in a decent neighborhood. The property’s condition score of 68/100 suggests that maintenance costs might be manageable, making it a reasonable long-term hold as part of a diversified portfolio. Family rental With a neighborhood score of 70/100 indicating suitable amenities and low crime rates, this 2-bed apartment is a viable option for family rentals in Labruge. Its fair valuation signals that while it can generate steady rental income, it does not represent an outstanding deal for investors seeking deep discounts or highly undervalued assets.
Economic and Tenant Instability Risk The property faces a risk due to both economic stability and tenant stability scoring 70/100, indicating potential challenges in maintaining consistent 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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