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.
4-bedroom, 3-bathroom house of 120 m², energy rating D. Located on travessa das Violetas, 23, Vila do Conde parish, Vila do Conde municipality, Porto district. Noteworthy Features: This property includes a large terrace on the first floor with potential for stunning sunset views, ideal for outdoor entertaining or relaxing evenings by the sea.
The valuation. The asking price of €430,000 is 6.2% above the fair value of €404,969, suggesting it is priced at a slight premium relative to market standards. This positions the property as fairly valued in its current context.
Fair value modelled at €404,969 from 6 comparable sales in the area. Asking €430,000 sits €25,031 (6.2%) above — overpriced versus fair value.
Asking €430,000 versus the travessa das Violetas, 23 area baseline of €383,480 (€3,196/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €383,480, adjusted for condition and micro-location, gives a modelled fair value of €404,969 (€3,375/m²), a €25,031 (6.2%) gap versus the €430,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa das Violetas, 23 | Subject | €430,000 | €3,583 | — | 55 | 55 |
| Vila do Conde · cfdbff | Active | €567,900 | €3,421 | 4.5% | 65 | 68 |
| Vila do Conde · 38945e | Active | €850,000 | €5,743 | 60.3% | 70 | 61 |
| Vila do Conde · 38b3a0 | Active | €1,100,000 | €3,416 | 4.7% | 68 | 67 |
| Touguinha e Touguinhó · 6fbbd0 | Active | €425,000 | €1,545 | 56.9% | 65 | 56 |
| Median comp | €708,950 | €3,419 | 4.6% | 67 | 64 |
Buy-and-hold This property is currently priced at €430,000, which is fairly valued at €404,969, indicating a moderate gap of 6.2%. The gross yield of 3.9% suggests a stable investment opportunity, but the suburban setting may limit long-term appreciation potential compared to more vibrant urban areas. Long-term rental Given its fair valuation, this property is suitable for long-term rental, achieving a reasonable gross yield of 3.9%. However, the neighborhood's rating of 55/100 indicates that tenant demand may be variable, potentially impacting consistent cash flow over time.
Tenant turnover risk The tenant stability score of 55/100 indicates a possible high turnover rate, which could result in increased vacancy periods or costs associated with tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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