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, 2-bathroom house of 202 m², built in 1998, energy rating B. Located on rua Alto de Pega, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: The property includes a well-designed outdoor patio equipped with a barbecue, ideal for hosting gatherings, while the closed garage adds significant convenience for residents.
The valuation. The property is listed at €545,000, which is slightly above its fair value of €533,056, making the asking price 2.2% over fair value. This positions the property as fairly valued, reflecting the current market conditions.
Fair value modelled at €533,056 from 5 comparable sales in the area. Asking €545,000 sits €11,944 (2.2%) above — overpriced versus fair value.
Asking €545,000 versus the rua Alto de Pega area baseline of €415,797 (€2,058/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 €415,797, adjusted for condition and micro-location, gives a modelled fair value of €533,056 (€2,639/m²), a €11,944 (2.2%) gap versus the €545,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto de Pega | Subject | €545,000 | €2,698 | — | 80 | 68 |
| Uniao das Freguesias da Póvoa de Varzim, Beiriz e Argivai · ab7148 | Active | €580,000 | €2,843 | 5.4% | 72 | 64 |
| rua Nova do Corgo, 43 | Active | €475,000 | €2,639 | 2.2% | 77 | 72 |
| rua da Assunção | Active | €518,000 | €2,960 | 9.7% | 79 | 63 |
| Azurara · 5da2ad | Active | €685,000 | €2,575 | 4.6% | 77 | 76 |
| Median comp | €549,000 | €2,741 | 1.6% | 77 | 68 |
Long-term rental The property presents a fair opportunity for long-term rental, given the 3.2% gross yield which is in line with market expectations. However, with a fair value only slightly below the asking price, potential returns may be limited compared to other investment alternatives. Family rental This 3-bed house is a suitable option for family rentals, benefiting from its proximity to Porto's economic activities despite an average neighborhood score. Potential tenants may find the house appealing due to the decent condition rating of 82/100, but the overall investment is only fair due to the slight markup above fair value. Buy-and-hold As a buy-and-hold investment, the property stands at a fair price considering its size and condition; however, its close alignment with fair value could limit appreciation potential in the long run. It is advisable to monitor market trends closely, as the yield of 3.2% is simply adequate for holding real estate in this area, not providing strong incentives for immediate investment.
Reduced economic resilience The property is at risk due to a moderate economic stability score of 65/100, indicating susceptibility to economic downturns which could affect tenant demand and occupancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
