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 apartment of 120 m², built in 2000, energy rating C. Located Retorta e Tougues parish, Vila do Conde municipality, Porto district. The apartment features modern backlit mirrors in the recently upgraded bathrooms, enhancing both functionality and aesthetic appeal.
The asking price is above the fair value, presenting a downside of 17.5% or €59,000 versus the fair value. The rental income strategy applies here, with an estimated gross yield of 5.4%, indicating a strong potential for revenue generation in the rental market.
The fair value of this property is determined by a combination of two models: the Transaction model and the Adjusted asking-price model, each contributing 50%. The Transaction model uses real transaction data from 265 sales in Vila do Conde, while the Adjusted asking-price model aligns current listings with actual sale prices. For this property, no conservative adjustments were made. Based on this analysis, the fair value is €279,000. Consequently, the asking price is above the fair value, with €59,000 (17.5%) more than the fair value. This conclusion is reached with high confidence.
Gross yield 5.4% (before costs)
Negotiation room: Negotiation context: asking prices in this municipality run about 22% above what similar homes actually sell for, so there is usually room to negotiate
This 3-bed apartment in Retorta e Tougues presents an investment opportunity primarily geared towards rental income, offering a strong gross yield of 5.4%, placing it within the top quarter of the national range. However, the asking price of €338,000 exceeds the fair value of €279,000 by 17.5%, indicating that the property is overpriced in relation to its assessed market value. Given the high confidence in this evaluation, potential investors should approach with caution, considering the significant downside before making any offers or commitments.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability and tenant stability scores are both at 50/100, indicating potential challenges in maintaining occupancy and consistent rental income.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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