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 214 m², energy rating B. Located on rua Almada Negreiros, 121, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Features: The apartment includes an expansive private balcony with garden views, ideal for outdoor relaxation and entertaining guests, enhancing the overall living experience.
The valuation. The asking price of €298,000 is below the fair value of €328,128, making the property subpriced by €30,128 (10.1%). This suggests an attractive entry point for investors looking to acquire equity immediately.
Fair value modelled at €328,128 from the area baseline, adjusted for condition and location. Asking €298,000 sits €30,128 (10.1%) below — the upside to fair value.
Asking €298,000 versus the rua Almada Negreiros, 121 area baseline of €324,638 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 75 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Almada Negreiros, 121
Area baseline €324,638 + condition -€25,078 + location +€28,568 = modelled fair value of €328,128 (€1,533/m²), a €30,128 (10.1%) gap versus the €298,000 asking price.
Long-term rental This property represents an attractive opportunity for long-term rental given its 10.1% gap below fair value and the thriving nearby Porto market. With a condition rating of 68/100, it offers potential for steady rental income while capturing tenant demand in a suburban area known for low crime rates. Buy-and-hold Investing in this 3-bed apartment aligns well with a buy-and-hold strategy due to its subvalued price relative to the local property market. As the economic landscape and amenities around Gondomar continue to improve, the property is positioned for future appreciation. Family rental The spacious 214m² layout makes this apartment an ideal choice for families seeking comfortable living in the Gondomar area. With its favorable conditions and suitable neighborhood, it is likely to attract long-term tenants looking for stability and community in a suburban environment.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and loss of rental income.