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 65 m², energy rating C. Located Modivas parish, Vila do Conde municipality, Porto district. Noteworthy Features: The apartment boasts two balconies for enhanced outdoor enjoyment and unobstructed views, while also being conveniently located within walking distance to the metro station and local amenities.
The valuation. The asking price of €215,000 sits €28,071 (15.0%) above the fair value of €186,929, indicating a property priced at its fair value. Potential investors should consider this aspect carefully before proceeding.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Modivas · a0cbe9 | Subject | €215,000 | €3,308 | — | — | 73 |
| Gião · 4681d2 | Active | €248,000 | €3,024 | 8.6% | 65 | 66 |
| rua Arroteia, 195 | Active | €240,000 | €2,449 | 26.0% | 68 | 73 |
| Malta e Canidelo · a8eda9 | Active | €299,999 | €3,614 | 9.3% | 46 | 71 |
| Mindelo · be9177 | Active | €330,000 | €2,727 | 17.5% | — | 75 |
| Median comp | €274,000 | €2,876 | 13.1% | 65 | 72 |
Family rental The 1-bed apartment in Modivas, Vila do Conde, presents a fair market value, making it a stable option for family rental despite yielding 0% gross. While the neighborhood score of 73/100 indicates decent living conditions, the lack of amenities may limit its attractiveness to families. Long-term rental With a fair valuation of €215,000 against a fair value of €186,929, this property holds potential for steady long-term rental income. However, the current yield of 0% gross suggests a need for improvement before achieving cash flow expectations. Buy-and-hold Purchasing this apartment is reasonable at its current price point, although its 0% gross yield raises concerns for long-term appreciation. The proximity to Porto may help in maintaining value, but careful management will be essential for future growth.
Tenant turnover risk High tenant turnover could occur given that the property has a tenant stability score of 80/100, which, while decent, suggests that there is some potential for instability in tenant retention.
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