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, 3-bathroom apartment of 140 m² on the 3rd floor, energy rating B. Located on avenida dos Correios, 3, Nine parish, Vila Nova de Famalicão municipality, Braga district. This apartment features elegantly designed private balconies that enhance outdoor living enjoyment and a spacious garage capable of accommodating two vehicles for convenience.
The valuation. The asking price of €360,000 is €48,091 (15.4%) above the fair value of €311,909, indicating that this property is overpriced. It does not represent a good purchase opportunity given the valuation disparity.
Fair value modelled at €311,909 from 6 comparable sales in the area. Asking €360,000 sits €48,091 (15.4%) above — overpriced versus fair value.
avenida dos Correios, 3 area median of €291,620 (€2,083/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€20,289 versus the parish baseline.
Parish baseline €291,620 +€20,289 comparables adjustment = modelled fair value of €311,909 (€2,228/m²), a €48,091 (15.4%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida dos Correios, 3 | Subject | €360,000 | €2,571 | — | 90 | 65 |
| rua Capela | Active | €248,000 | €2,255 | 12.3% | 78 | 65 |
| Aves · 828f0a | Active | €284,900 | €2,849 | 10.8% | 79 | 63 |
| Aves · 8317f4 | Active | €229,000 | €2,160 | 16.0% | 71 | 66 |
| rua Joaquim da Costa Pereira Serra, 90 | Active | €314,000 | €2,361 | 8.2% | 75 | 70 |
| Median comp | €266,450 | €2,308 | 10.2% | 77 | 66 |
Long-term rental With a gross yield of only 2.8%, this property in Vila Nova de Famalicão appears less favorable for long-term investment due to its high listing price of €360,000 compared to the fair value of €311,909. The 15.4% gap indicates that potential rental income may not sufficiently cover the premium paid for this property, making it less attractive to long-term tenants. Family rental Given the suburban profile and the neighbourhood rating of 65/100, this 2-bed apartment may attract families looking for basic amenities; however, the property is overpriced at €360,000 against a fair value of €311,909. Families may be deterred by the high listing price, which negatively impacts potential rental demand in a market that is already constrained by limited economic prospects. Buy-and-hold Investors considering a buy-and-hold strategy should be cautious, as the current listing price of €360,000 represents a 15.4% premium over the fair value of €311,909, which could hinder the property's appreciation over time. The lower yield of 2.8% and a neighbourhood rating of only 65/100 suggest that the property may not generate sufficient returns to justify the investment in a prolonged holding strategy.
Moderate Economic Risk Given the economic stability score of 60/100, there is a moderate risk that fluctuations in the local economy could affect rental income and property value.
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