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.
4-bedroom, 3-bathroom apartment of 220 m² on the 1st floor, built in 2006, energy rating C. Located on avenida do Castelo, 73, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features stunning sea views balanced with an artistic touch from hand-painted stained glass, creating a luxurious ambiance that enhances its modern appeal.
The valuation. The asking price of €980,000 sits significantly above the fair value of €647,059, representing an overpricing of €332,941 or 51.5%. This disparity suggests the property is not a sound investment at its current list price.
Fair value modelled at €647,059 from 4 comparable sales in the area. Asking €980,000 sits €332,941 (51.5%) above — overpriced versus fair value.
Asking €980,000 versus the avenida do Castelo, 73 area baseline of €503,233 (€2,287/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €503,233, adjusted for condition and micro-location, gives a modelled fair value of €647,059 (€2,941/m²), a €332,941 (51.5%) gap versus the €980,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida do Castelo, 73 | Subject | €980,000 | €4,455 | — | 80 | 60 |
| Vila do Conde · 03257e | Active | €360,000 | €2,400 | 46.1% | 85 | 65 |
| Vila do Conde · efdd69 | Active | €1,380,000 | €4,525 | 1.6% | 76 | 64 |
| rua N, 7, 50 | Active | €392,000 | €2,882 | 35.3% | 80 | 68 |
| avenida Comandante Coutinho Lanhoso, 682 | Active | €369,000 | €3,000 | 32.7% | 85 | 64 |
| Median comp | €380,500 | €2,941 | 34.0% | 83 | 65 |
Long-term rental The property presents a gross yield of 1.9%, which is low relative to the market's potential returns. Given its substantial gap of 51.5% from the fair value of €647,059, investing in this long-term rental strategy may not provide adequate financial returns. Family rental While the apartment's 85/100 condition makes it appealing, the overall price is 51.5% above the fair value, which diminishes its attractiveness for family rentals. The suburban context, despite a decent level of safety, does not justify such a high valuation for families looking for value. Buy-and-hold The discrepancy of 51.5% from the fair value indicates that this buy-and-hold strategy may not yield favorable results in the long run. Although the property has good rental potential, the high purchase price limits the profitability of this investment approach.
Economic Vulnerability With an economic stability score of 60/100, there is a moderate risk of adverse economic conditions negatively impacting property value and tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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