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 apartment of 131 m² on the 1st floor, built in 1994. Located on rua Dom Pedro IV, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy features: The apartment features a dining room with direct access to a bright balcony, enhancing indoor-outdoor living, and includes a closed garage for secure vehicle storage.
The valuation. The asking price of €330,000 sits slightly above the fair value of €329,092, with a difference of only €908 (0.3%). Thus, the property is assessed as fair. Buy-to-flip angle. The buying strategy could involve minor renovations to enhance aesthetic appeal, focusing on modernizing certain areas to increase resale value in the suburban market. Buy-to-let angle. With an estimated gross yield of 4.3%, the property can generate approximately €1,182 per month, making it a solid candidate for long-term rental targeting families.
Fair value modelled at €329,092 from 6 comparable sales in the area. Asking €330,000 sits €908 (0.3%) above — overpriced versus fair value.
Asking €330,000 versus the rua Dom Pedro IV area baseline of €288,935 (€2,206/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €288,935, adjusted for condition and micro-location, gives a modelled fair value of €329,092 (€2,512/m²), a €908 (0.3%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Pedro IV | Subject | €330,000 | €2,519 | — | 70 | 50 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 8.0% | 69 | 62 |
| Vila do Conde · bf2854 | Active | €320,000 | €2,254 | 10.5% | 65 | 64 |
| rua Flávio Gonçalves, 259 | Active | €285,000 | €1,863 | 26.1% | 68 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 19f819 | Active | €352,000 | €2,729 | 8.3% | 73 | 56 |
| Median comp | €335,000 | €2,286 | 9.3% | 69 | 62 |
Long-term rental The property offers a gross yield of 4.3%, aligning well with investor expectations for long-term rental income in Vila do Conde. However, the neighbourhood rating of 50/100 suggests limited tenant demand and potential supply risks, making it less attractive for long-term rentals. Buy-and-hold With a fair value of €329,092 and a listing price of €330,000, the apartment presents a marginal profit potential if held for a longer duration. Nevertheless, the industrial influence in the suburban area and moderate amenities may hinder substantial appreciation in property value over time. Family rental Suitable for family rental due to its spacious 131m² layout, this property is positioned in a suburban area with moderate proximity to Porto. Still, the overall neighbourhood score of 50/100 signals challenges in attracting high-quality tenants, which may impact rental stability. Not ideal for luxury market Given the condition rating of 71/100 and the suburban, industrially-influenced surroundings, the property does not cater to the luxury market segment. This limits potential returns from affluent clientele looking for premium accommodations in prime locations. Not ideal for student housing Due to its distance from key educational institutions and the neighbourhood’s lower attractiveness, the property is not well-suited for student housing. The area’s characteristics may fail to entice students, resulting in higher vacancy rates and reduced rental income.
Moderate Tenant Risk The tenant stability score of 40/100 suggests a higher likelihood of tenant turnover and vacancies, leading to potential income instability for the property.
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