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, 2-bathroom apartment of 126 m², built in 2008, energy rating D. Located on rua Monte da Crespa, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features a unique marquise, enhancing its versatility and usability for residents seeking additional functional living space.
The asking price sits €17,900 above our assessed fair value of €322,000, indicating a 5.3% downside versus the asking price, confirming that the asking price is above the fair value. The rental income strategy applies here with a gross yield estimated at 5.1%, which is favorable compared to the national average.
The fair value of this property is determined using a combination of two models: the Transaction model, which relies on real transaction data from 165 recorded sales in Vila do Conde, and the Adjusted asking-price model, which uses current listings adjusted to actual sale levels. The results from these models are blended, with the Transaction model weighted at 55% and the Adjusted asking-price model at 45%. No conservative adjustments were necessary for this property. The fair value is calculated at €322,000, meaning the asking price is above the fair value by €17,900 or 5.3% downside. The confidence in this assessment is high.
Gross yield 5.1% (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 2-bed apartment in Vila do Conde, while positioned in a neighborhood rated 50/100, has a robust gross rental yield of 5.1%, indicating strong potential for rental income. However, the asking price of €339,900 exceeds the fair value by 5.3%, suggesting a downside relative to the price, which demonstrates a typical trend in this municipality where asking prices often surpass actual sale prices. With a condition score of 80/100, the property is well-maintained, yet the overvaluation poses a challenge for investors looking to maximize returns in a mixed market condition. Therefore, while the rental yield shows promise, the pricing dynamics warrant careful consideration before proceeding.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has a modest economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential challenges in attracting and retaining reliable tenants.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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.
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