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, 1-bathroom apartment of 50 m², built in 2015, energy rating C. Located on rua António Ferreira Vila Cova, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment includes a dedicated laundry area and a pleasant outdoor space, enhancing convenience and outdoor living in a coastal setting.
The valuation. The asking price of €345,000 sits significantly above fair value of €190,328, resulting in an overvaluation of €154,672 (81.3%). This property is not a financially sound choice based on current market assessments.
Fair value modelled at €190,328 from 6 comparable sales in the area. Asking €345,000 sits €154,672 (81.3%) above — overpriced versus fair value.
Asking €345,000 versus the rua António Ferreira Vila Cova area baseline of €163,421 (€3,268/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €163,421, adjusted for condition and micro-location, gives a modelled fair value of €190,328 (€3,807/m²), a €154,672 (81.3%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Ferreira Vila Cova | Subject | €345,000 | €6,900 | — | 80 | 66 |
| Vila do Conde · ba5af9 | Active | €298,000 | €3,348 | 51.5% | 80 | 67 |
| rua Alfredo Bastos, 118 | Active | €350,000 | €3,125 | 54.7% | 72 | 63 |
| rua da Independência de Guiné, 113 | Active | €350,000 | €4,321 | 37.4% | 72 | 66 |
| Azurara · a8edf5 | Active | €485,000 | €4,575 | 33.7% | 75 | 64 |
| Median comp | €350,000 | €3,835 | 44.4% | 74 | 65 |
Long-term rental Investing in a long-term rental strategy for this 2-bed apartment in Vila do Conde would not be optimal, given the property is currently overpriced by 81.3% against its fair value. The gross yield of 3.5% is inadequate in a suburban area, indicating that returns may not justify the elevated entry price. Family rental This property is not suitable for a family rental strategy due to its significant overpricing, which exceeds fair value by 81.3%. Additionally, the suburban location offers a typical safety level but lacks competitive amenities to attract family tenants at this price point. Buy-and-hold A buy-and-hold strategy is unlikely to yield profitable returns for this apartment, as its current listing price is 81.3% above fair value. The gross yield of 3.5% presents a substantial risk, particularly in a suburban market with moderate demand and amenities.
Economic and Tenant Instability With a combined economic stability score of 68/100 and tenant stability score of 68/100, there is a risk of fluctuating rental income and difficulty in maintaining occupancy rates due to moderate market conditions.
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