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 house of 88 m², built in 1951, energy rating C. Located on rua de São Martinho, Fornelo e Vairão parish, Vila do Conde municipality, Porto district. The property features an integrated open-space kitchen with a striking green herringbone backsplash, enhancing its modern aesthetic and functionality for entertaining.
The asking price is below the fair value, indicating a gap of €4,200, representing a 1.4% upside versus the asking price. Rental income strategy applies here with an estimated gross yield of 5.2%, positioning it above the national average range pre-costs and vacancies.
The fair value of this property is determined using a combination of two models. The Transaction model, based on real transaction data from Vila do Conde, accounts for 60% of the value, while the Adjusted asking-price model, reflecting the current listings, makes up the remaining 40%. No conservative adjustments were applied to this property. This weighted blend results in a fair value of €284,000, and given the asking price of €279,800, the asking price is in line with the fair value, with a 1.4% upside. Confidence in this valuation is high.
Gross yield 5.2% (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 house in Fornelo e Vairão offers solid potential for rental income, with a gross yield of 5.2%, which is notably above the middle of the national range, presenting a compelling opportunity for investors seeking consistent cash flow. The asking price of €279,800 is closely aligned with its fair value of €284,000, reflecting a 1.4% upside against the asking price, indicating a balanced market positioning that does not suggest undervaluation. Additionally, the home is in good condition with an 82/100 rating, making it appealing within its neighborhood. Given that asking prices in this municipality typically exceed actual selling prices by about 22%, there is likely room for negotiation, further enhancing the investment’s attractiveness.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic and tenant stability scores are both at 50/100, indicating a potentially unstable market that could lead to difficulties in securing reliable tenants or rental income.
Grade BFindings: 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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