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 113 m², energy rating E. Located on rua Alfredo Bastos S / N, Vila do Conde parish, Vila do Conde municipality, Porto district. Unique Feature: This apartment boasts a 16 m² private terrace and a secured garage, enhancing both outdoor leisure and convenience in a beachside location. Location: Proximity to local commerce and the waterfront enhances daily living.
The valuation. The asking price of €370,000 sits below the fair value of €403,328, indicating the property is priced at a discount of €33,328 (8.3%). Overall, the valuation verdict is fair.
Fair value modelled at €403,328 from 6 comparable sales in the area. Asking €370,000 sits €33,328 (8.3%) below — the upside to fair value.
Asking €370,000 versus the rua Alfredo Bastos S / N area baseline of €335,102 (€2,966/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 €335,102, adjusted for condition and micro-location, gives a modelled fair value of €403,328 (€3,569/m²), a €33,328 (8.3%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alfredo Bastos S / N | Subject | €370,000 | €3,274 | — | 80 | 64 |
| Vila do Conde · de0b92 | Active | €259,900 | €4,192 | 28.0% | 79 | 64 |
| Vila do Conde · 001816 | Active | €275,000 | €3,873 | 18.3% | 75 | 56 |
| rua Padre Alceu C Silva, 34 | Active | €299,000 | €2,990 | 8.7% | 80 | 62 |
| rua da Praia, 51 | Active | €299,000 | €3,934 | 20.2% | 80 | 58 |
| Median comp | €287,000 | €3,904 | 19.2% | 80 | 60 |
Long-term rental The 2-bed apartment in Vila do Conde, with a gross yield of 3.6%, presents reasonable potential for stable income generation in a suburban area known for low crime rates. However, with a listing price of €370,000 only 8.3% below its fair value, the opportunity remains at fair pricing in the rental market. Family rental This property’s 113m² space is suitable for family living, and the location's suburban characteristics suggest a stable and secure environment for long-term tenants. Yet, as it stands priced at €370,000, which is only 8.3% less than the fair value of €403,328, it reflects fair market terms rather than a discounted rental opportunity. Buy-and-hold Investing in this apartment for a buy-and-hold strategy aligns with maintaining property value in a neighbourhood with reasonable amenities and tenant quality, alongside nearby employment access in Porto. Still, at €370,000, this property is adequately priced against its fair value, indicating a stable investment without the element of a bargain. Not ideal for: Luxury market, Short-term vacation rental
Economic Vulnerability The property's economic stability score of 65/100 indicates potential vulnerability to economic downturns that could impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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