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 penthouse of 103 m² on the 3rd floor, energy rating C. Located Azurara parish, Vila do Conde municipality, Porto district. This penthouse uniquely offers a private terrace with stunning panoramic ocean views, perfect for sunset dining, and features high-end mid-century modern decor throughout its spacious layout.
The asking price is €392,000, which is €30,000 above our fair value assessment of €362,000, indicating a 7.7% downside compared to the asking price. Confidence in this fair value is low, suggesting caution in this valuation. Rental yield. The estimated gross yield is 3.9%, equating to approximately €1,274 per month before costs and vacancy.
The fair value of this property is established using a Transaction model, which relies on real transaction data from 386 recorded sales in Vila do Conde. This is combined with an Adjusted asking-price model reflecting current listings, creating a balanced approach between the two models. No conservative adjustments were applied to this property. The resulting fair value stands at €362,000. In this context, the asking price is above the fair value, with a €30,000 gap reflecting a 7.7% downside compared to the asking price. Confidence in this evaluation is low.
Gross yield 3.9% (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
Investors should consider that the asking price of €392,000 is above the fair value of €362,000, representing a 7.7% downside compared to the asking price, indicating that the market may not justify the premium. Additionally, the condition rating of 82 out of 100 suggests reasonable upkeep, while the neighborhood score of 50 out of 100 signifies potential concerns regarding area desirability. These factors combined imply caution in the investment decision.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a mixed outlook, suggesting potential challenges in attracting and retaining tenants. Data-quality risk Although the data-quality check has passed, the absence of real transaction data for this address limits confidence in the accuracy of local market assessments. Fair value certainty risk The valuation considers the property to be at fair value of €362,000; however, confidence in this assessment is low due to discrepancies in estimates that exceed allowable tolerance levels.
Grade AFindings: 1
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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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