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, 4-bathroom apartment of 156 m² on the 2nd floor, built in 2021, energy rating A. Located on rua Manuel Fernandes, 55, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment includes a complete home automation system, allowing remote control of lighting, climate, and security features for enhanced convenience and modern living.
The asking price of €780,000 sits significantly above our estimated fair value of €437,000, indicating a sizable gap of €343,000; confidence in this fair value is low. The estimated gross yield stands at 4.7%, or approximately €3,055 per month.
The property's fair value is derived from a combination of two models: the Transaction model, which uses real transaction data from 123 sales in Vila do Conde, and the Adjusted asking-price model, which adjusts current listings to reflect sale prices. These models are combined with a weighted blend, where the Transaction model accounts for 55% and the Adjusted asking-price model for 45%. No conservative adjustments were applied to this property. As a result, the fair value is €437,000, meaning the asking price is above the fair value, indicating a significant gap of €343,000. The confidence in this assessment is low.
Gross yield 4.7% (before costs)
No specific strategy stands out for this property.
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
The asking price of the property is significantly above its fair value, indicating a potential downside of 44.0%. The condition rating of 80 out of 100 suggests that while the apartment is in decent shape, its price does not reflect the local market value. Additionally, the neighborhood score of 50 out of 100 raises concerns about the overall appeal and long-term growth potential of the location.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk A low economic stability score of 50/100 along with a tenant stability score of 50/100 indicate potential vulnerabilities in rental demand and income consistency. Fair value certainty risk The low confidence in the fair value of €437,000 suggests significant uncertainty regarding the property's actual market value, potentially affecting future investment decisions.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
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