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.
5-bedroom, 4-bathroom apartment of 488 m², built in 2003, energy rating A. Located Modivas parish, Vila do Conde municipality, Porto district. Noteworthy Features: This luxurious villa boasts a heated saltwater swimming pool, a biological garden, and a versatile 100m² basement hall currently used as a game room. Condition Notes: While primary areas are in excellent condition, minor updates in bathrooms and office spaces are needed for modernization.
The valuation. The asking price of €895,000 is positioned 3.3% below the fair value of €925,981. With a small margin, the property is priced fairly in the current market.
Fair value modelled at €925,981 from 6 comparable sales in the area. Asking €895,000 sits €30,981 (3.3%) below — the upside to fair value.
Asking €895,000 versus the Modivas, Vila do Conde, Porto area baseline of €615,497 (€1,261/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €615,497, adjusted for condition and micro-location, gives a modelled fair value of €925,981 (€1,898/m²), a €30,981 (3.3%) gap versus the €895,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Modivas · 51cabe | Subject | €895,000 | €1,834 | — | 78 | 71 |
| travessa das Devesas, 52 | Active | €310,000 | €1,890 | 3.1% | 85 | 70 |
| rua Antonio Costa e Silva | Active | €240,000 | €1,905 | 3.9% | 70 | 70 |
| travessa das Devesas, 52 | Active | €300,000 | €1,571 | 14.4% | 75 | 71 |
| rua Arroteia, 270 | Active | €335,000 | €2,519 | 37.3% | 73 | 74 |
| Median comp | €305,000 | €1,898 | 3.5% | 74 | 71 |
Long-term rental The property is fairly priced at €895,000, slightly under the fair value of €925,981, suggesting reasonable flexibility in rental pricing. However, with a gross yield of 0%, it may not generate immediate cash flow, which could deter potential long-term renters. Buy-and-hold At a valuation close to its fair market pricing, this property in Modivas could appeal to buy-and-hold investors looking for a stable investment in a suburban area. Yet, the current yield of 0% indicates that holding this asset may not provide significant returns in the short term, which could influence the long-term investment strategy. Family rental With a fair value alignment and a sizable 488m² space, this property may attract families seeking ample living space in the Greater Porto area. Despite the lack of immediate yield, the decent condition rating suggests that it could provide a comfortable living environment for tenants over time.
Economic Downturn Risk With an economic stability score of 80/100, a significant downturn could still impact tenant retention given the 70/100 tenant stability score, leading to potential higher vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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