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 68 m² on the 1st floor, built in 1998, energy rating D. Located Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This apartment offers a recently updated kitchen with modern appliances and a cozy balcony providing a pleasant outdoor space in a central location.
The valuation. The asking price of €290,000 exceeds the fair value of €212,721 by €77,279 (36.3%). This property is therefore considered overpriced. Buy-to-flip angle. Given the high asking price, a resale or wholesale strategy would require significant renovations to enhance appeal and justify a price increase. Quick access to the Porto market could facilitate a profitable flip. Buy-to-let angle. With a gross yield of 3.2% and an estimated rental income of €773 per month, the property could attract long-term family tenants, although the average finish may limit rental demand.
Fair value modelled at €212,721 from 6 comparable sales in the area. Asking €290,000 sits €77,279 (36.3%) above — overpriced versus fair value.
Asking €290,000 versus the Vila do Conde, Vila do Conde, Porto area baseline of €201,084 (€2,957/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €201,084, adjusted for condition and micro-location, gives a modelled fair value of €212,721 (€3,128/m²), a €77,279 (36.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Vila do Conde · c498a4 | Subject | €290,000 | €4,265 | — | 68 | 71 |
| avenida Doctor Antonio Bento Martins Júnior, 784 | Active | €330,000 | €3,300 | 22.6% | 74 | 66 |
| rua dos Bombeiros Voluntários de Póvoa de Varzim, 429 | Active | €225,000 | €3,409 | 20.1% | 62 | 62 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 0017a8 | Active | €255,000 | €2,931 | 31.3% | 63 | 68 |
| rua de Santa Catarina, 203A | Active | €270,000 | €2,967 | 30.4% | 65 | 65 |
| Median comp | €262,500 | €3,134 | 26.5% | 64 | 66 |
Long-term rental The 2-bed apartment in Vila do Conde is currently overpriced, with a 36.3% gap compared to its fair value of €212,721. At a gross yield of 3.2%, this investment may not generate sufficient return over the long term given the property’s elevated price. Family rental This property, while suitable for family rentals, is overpriced at €290,000, substantially exceeding its fair value. The combination of its condition score of 66/100 and the area's amenities may not justify the premium pricing in the current market. Buy-and-hold Given the 36.3% price discrepancy, the buy-and-hold strategy for this Vila do Conde apartment is not advisable, as it is significantly overpriced. The expected returns based on its yield of 3.2% do not align with the current valuation, limiting potential appreciation in the long term.
Tenant turnover risk A tenant stability score of 70/100 indicates a moderate risk of turnover, potentially impacting consistent rental income and leading to vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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