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 191 m², built in 2022, energy rating B. Located on travessa das Devesas, 52, Gião parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment uniquely offers a private terrace and garden, providing exceptional outdoor living space ideal for entertaining or enjoying tranquility in Gião, Vila do Conde. Destaques a Destacar: Este apartamento oferece uma terraço e jardim privado, proporcionando um espaço exterior excecional ideal para entreter ou desfrutar da tranquilidade em Gião, Vila do Conde.
The valuation. The asking price of €300,000 is below the fair value of €336,737, making it subvalued by €36,737 (10.9%). This presents an attractive opportunity for buyers looking to acquire a reasonably priced apartment in the area.
Fair value modelled at €336,737 from 6 comparable sales in the area. Asking €300,000 sits €36,737 (10.9%) below — the upside to fair value.
Asking €300,000 versus the travessa das Devesas, 52 area baseline of €323,882 (€1,696/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €323,882, adjusted for condition and micro-location, gives a modelled fair value of €336,737 (€1,763/m²), a €36,737 (10.9%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Devesas, 52 | Subject | €300,000 | €1,571 | — | 75 | 71 |
| travessa das Devesas, 52 | Active | €310,000 | €1,890 | 20.3% | 85 | 70 |
| rua D. Ildefonso | Active | €265,000 | €1,636 | 4.1% | 70 | 67 |
| Fornelo e Vairão · 8313a3 | Active | €270,000 | €2,143 | 36.4% | 72 | 75 |
| rua Dom Ildefonso | Active | €265,000 | €1,514 | 3.6% | 70 | 65 |
| Median comp | €267,500 | €1,763 | 12.2% | 71 | 69 |
Long-term rental The 2-bed apartment in Gião presents a strong opportunity for long-term rental given its 10.9% gap versus fair value, making it an attractive investment. The property’s proximity to Porto enhances its appeal, ensuring a reliable demand for rental tenants seeking access to urban amenities. Buy-and-hold Investing in this property as a buy-and-hold strategy is justified by its fair value being significantly higher than the purchase price, indicating potential appreciation over time. Given the property's condition rating of 77/100 and the suburban area's low crime rate, it offers a stable environment for sustained long-term value growth. Family rental This apartment is well-suited for family rentals, benefiting from its spacious layout and proximity to amenities, enhancing its desirability for longer-term family tenants. The moderate condition score and pleasant neighborhood make it an inviting option for families looking for quality living in the Vila do Conde area.
Economic-tenant mismatch risk The economic stability and tenant stability are both at 75/100, indicating a potential mismatch that could lead to difficulties in attracting consistent rents or dealing with tenant turnover.
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