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, 3-bathroom apartment of 182 m², built in 2003, energy rating C. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Property Features: The apartment boasts energy-efficient features with a heat recovery unit and pre-installation for central heating, enhancing comfort throughout the year. Location Advantage: Nestled in a secure gated community with landscaped outdoor spaces.
The valuation. The asking price of €349,000 exceeds the fair value of €300,238 by €48,762 (14.0%), positioning this property as overpriced. Buyers should be cautious, as this discrepancy suggests limited room for negotiation and concerns regarding return on investment.
Fair value modelled at €300,238 from the area baseline, adjusted for condition and location. Asking €349,000 sits €48,762 (14.0%) above — overpriced versus fair value.
Asking €349,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €419,692 (€2,306/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 79 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 75 · Amenities 65 · Economic 72 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €419,692 + condition +€4,266 + location +€19,879 = modelled fair value of €300,238 (€1,650/m²), a €48,762 (14.0%) gap versus the €349,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 937326 | Subject | €349,000 | €1,918 | — | 74 | 68 |
| estrada Nova | Active | €299,900 | €1,999 | 4.3% | 73 | 73 |
| rua Campaínha S / N | Active | €325,000 | €2,167 | 13.0% | 75 | 70 |
| estrada Nova | Active | €255,000 | €2,383 | 24.3% | 72 | 72 |
| Baguim do Monte (Rio Tinto) · 0018ef | Active | €269,000 | €2,381 | 24.1% | 70 | 74 |
| Median comp | €284,450 | €2,274 | 18.6% | 73 | 73 |
Long-term rental The property is overpriced at €349,000 compared to a fair value of €300,238, resulting in a 14.0% gap. With a 0% gross yield, investing in this apartment for long-term rental is not financially viable given the current market conditions. Family rental Although the property is situated in a suburban area with decent amenities, it is priced above fair value, making it less attractive for family rentals. The 0% yield and the €349,000 asking price indicate that potential returns do not justify the investment. Buy-and-hold Given the 14.0% difference between the asking price and the fair value, this property does not meet the criteria for a buy-and-hold investment strategy. The current valuation implies that holding this apartment would not provide the anticipated financial benefits over time.
[Tenant turnover risk] With a tenant stability score of 60/100, there is a heightened risk of increased tenant turnover, which can lead to higher vacancy rates and costs associated with re-leasing the property.
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