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 124 m², built in 2009, energy rating B. Located Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features a luxurious jacuzzi and access to extensive condominium amenities including an indoor pool, sauna, and gym, enhancing the living experience in Vila do Conde.
The valuation. The asking price of €338,000 is significantly higher than the fair value of €298,048, suggesting the property is overpriced by €39,952, or 13.4%. This premium indicates potential challenges for buyers seeking equity at purchase.
Fair value modelled at €298,048 from 5 comparable sales in the area. Asking €338,000 sits €39,952 (13.4%) above — overpriced versus fair value.
Asking €338,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €238,828 (€1,926/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €238,828, adjusted for condition and micro-location, gives a modelled fair value of €298,048 (€2,404/m²), a €39,952 (13.4%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · 374ff8 | Subject | €338,000 | €2,726 | — | 78 | 63 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0017b2 | Active | €370,000 | €2,418 | 11.3% | 78 | 55 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · a6d50a | Active | €334,500 | €2,634 | 3.4% | 73 | 68 |
| rua Sacra Família | Active | €319,000 | €2,346 | 13.9% | 82 | 68 |
| Vila do Conde · da4744 | Active | €400,000 | €1,575 | 42.2% | 76 | 58 |
| Median comp | €352,250 | €2,382 | 12.6% | 77 | 63 |
Long-term rental The property’s gross yield of 3.5% indicates limited profitability potential, particularly given its fair value gap of 13.4%, suggesting that it is priced excessively. Additionally, with the condition rated at 80/100 and a neighborhood score of 63/100, tenant demand may be constrained, which could further impact rental income. Family rental While the suburban setting of Vila do Conde may appeal to families and its low crime rate is a positive factor, the high asking price of €338,000 detracts from its attractiveness as a family rental property. Therefore, even with decent amenities in proximity, the investment is unlikely to yield the returns necessary for long-term financial viability. Buy-and-hold Given that the property is listed 13.4% above its fair value, the buy-and-hold strategy lacks strong justification as potential appreciation may be hindered by the current pricing. The economic stability provided by its location near Porto does not compensate for the high entry cost, making it an unappealing long-term investment choice.
Tenant turnover risk The combined economic and tenant stability scores of 65/100 may indicate a higher likelihood of tenant turnover, potentially leading to increased vacancy rates and rental income fluctuations.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
