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.
4-bedroom, 3-bathroom apartment of 224 m² on the 1st floor, built in 2003, energy rating D. Located on rua Joaquim Gonçalves Moreira, 254, Vila do Conde parish, Vila do Conde municipality, Porto district. This apartment features a private attic of approximately 65 m², offering versatile potential for recreational or office space in addition to the generous living areas.
The asking price sits at €465,000, which is above our fair value estimate of €456,000, reflecting a 2.0% downside. The confidence in this fair value is medium. Rental income. The rental income strategy applies here with an estimated gross yield of 6.0%, positioning this property in the top quarter of the national rental income range, prior to costs and vacancies.
The asking price is in line with the fair value. The fair value is determined using a Transaction model based on real transaction data from 306 sales in Vila do Conde and an Adjusted asking-price model that adjusts current listings to sale prices. These models are combined in a weighted blend of 50% each. No conservative adjustments were applied to this property. The result is a fair value of €456,000, which is 2.0% below the asking price of €465,000, indicating medium confidence in this valuation.
Gross yield 6% (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 4-bed apartment in Vila do Conde presents a compelling investment opportunity with its estimated gross rental yield of 6%, placing it within the top quarter of national returns before accounting for costs and vacancy. Despite the asking price being slightly above the fair value, at €465,000 compared to €456,000, it remains a strong contender in the rental market due to its decent condition rating of 72/100 and a well-rated gross yield. The potential for negotiation, given that property prices in the municipality tend to be 22% higher than actual sales, further enhances the attractiveness of this investment. Consequently, while the asking price aligns closely with the fair value, the strong yield and location merits consideration for an investor seeking reliable rental income.
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 a significant risk of instability affecting potential rental income and property value. Fair value certainty risk The fair value is estimated at €456,000 with medium confidence, while transaction micro-location data is not available for this address, raising uncertainty about this valuation.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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