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.
1-bedroom, 1-bathroom apartment of 57 m² on the 9th floor, built in 1986, energy rating C. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment offers panoramic sea views from the 9th-floor vantage point and a convenient location just steps from the beach, enhancing its appeal.
The valuation. The asking price of €350,000 is significantly above the fair value of €190,607, resulting in a premium of €159,393 or 83.6%. This property is considered overpriced in the current market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · a466c0 | Subject | €350,000 | €6,140 | — | — | 64 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 1e64fd | Active | €200,000 | €3,509 | 42.9% | — | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · be9660 | Active | €195,000 | €3,000 | 51.1% | 70 | 66 |
| rua Primeiro de Maio | Active | €235,000 | €2,640 | 57.0% | 60 | 60 |
| rua São Miguel-o-Anjo, 667 | Active | €247,500 | €3,257 | 47.0% | — | 59 |
| Median comp | €217,500 | €3,129 | 49.1% | 65 | 61 |
Long-term rental The current listing price of €350,000 represents a significant 83.6% gap from the fair value of €190,607, making this property overpriced for long-term rental strategies. With a gross yield of just 2.6%, the investment prospects are weakened, suggesting limited potential for return on investment. Family rental At a price of €350,000, this 1-bed apartment is notably overpriced compared to its fair value of €190,607, indicating that it may struggle to attract family renters seeking affordable housing options. The neighborhood rating of 64/100 suggests some benefits, but the high cost limits its appeal in the family rental segment. Buy-and-hold Investing in this property at €350,000 is not advisable, as it is overpriced relative to the fair value of €190,607 and offers a low yield of 2.6%. While the proximity to Porto may present certain advantages, the pricing overshadowing the potential benefits makes it less attractive for a buy-and-hold strategy.
Potential tenant turnover risk: With economic stability and tenant stability both rated at 65/100, there is a significant risk of frequent tenant turnover, which could lead to increased vacancy rates and additional expenses for property management.
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
