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, 1-bathroom apartment of 106 m² on the 3rd floor, built in 2001. Located on rua 5 de Outubro, Vila do Conde parish, Vila do Conde municipality, Porto district. The apartment features a glazed balcony that enhances natural light and provides pleasant outdoor space, along with all rooms equipped with built-in wardrobes for optimal storage solutions.
The valuation. The asking price of €308,500 sits €52,141 (20.3%) above the fair value of €256,359. This property is considered overpriced based on current market conditions.
Fair value modelled at €256,359 from 6 comparable sales in the area. Asking €308,500 sits €52,141 (20.3%) above — overpriced versus fair value.
Asking €308,500 versus the rua 5 de Outubro area baseline of €210,746 (€1,988/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €210,746, adjusted for condition and micro-location, gives a modelled fair value of €256,359 (€2,418/m²), a €52,141 (20.3%) gap versus the €308,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 5 de Outubro | Subject | €308,500 | €2,910 | — | 72 | 63 |
| Vila do Conde · 4a43fb | Active | €359,000 | €2,827 | 2.9% | 79 | 61 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · 49b97c | Active | €294,000 | €2,178 | 25.2% | 75 | 63 |
| rua Dom Pedro IV | Active | €330,000 | €2,519 | 13.4% | 70 | 50 |
| Vila do Conde · 4a8186 | Active | €350,000 | €2,318 | 20.4% | 69 | 62 |
| Median comp | €340,000 | €2,419 | 16.9% | 73 | 62 |
Long-term rental The property in Vila do Conde is overpriced, with a fair value of €256,359 compared to the listing price of €308,500, indicating a gap of 20.3%. While it offers a gross yield of 4%, the elevated price reduces its attractiveness for long-term investments in this suburban area. Buy-and-hold With the property's current listing exceeding its fair value by 20.3%, the buy-and-hold strategy may not yield favorable long-term returns. The average condition rating of 75 coupled with a neighborhood score of 63 further suggests that the potential for substantial appreciation is limited due to its overpriced position. Family rental While the property could appeal to families given its size and location, the 20.3% gap above fair value places it in a risky investment category. The suburban setting does offer proximity to urban amenities, but the overall pricing makes it less attractive for family rental purposes at this time.
Economic Vulnerability The property faces a risk of decreased demand due to its economic stability score of 60/100, which suggests potential volatility in the local market and tenant retention challenges related to the tenant stability score of 65/100.
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