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, 2-bathroom house of 143 m², built in 1972, energy rating D. Located on rua Doutor Cancelas, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This property boasts a recently refurbished roof and windows, along with three fronts that enhance natural light and outdoor accessibility. Potential: Significant space for renovations and creative updates awaits.
The valuation. The asking price of €345,000 exceeds the fair value of €203,889 by €141,111, representing a 40.9% overvaluation. This property is clearly overpriced compared to its intrinsic worth.
Fair value modelled at €203,889 from the area baseline, adjusted for condition and location. Asking €345,000 sits €141,111 (40.9%) above — overpriced versus fair value.
Asking €345,000 versus the rua Doutor Cancelas area baseline of €200,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 67 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Cancelas
Area baseline €200,200 + condition -€10,725 + location +€14,414 = modelled fair value of €203,889 (€1,426/m²), a €141,111 (40.9%) gap versus the €345,000 asking price.
Long-term rental The property is overpriced at €345,000, significantly exceeding the fair value of €203,889, indicating a gap of 40.9%. With a gross yield of 3.8% in a neighborhood rated 68/100, this investment does not provide a compelling return relative to its cost. Family rental Given the property’s price of €345,000, which is 40.9% above the fair value of €203,889, it is not positioned well for family rentals. The local amenities and safety features typical of suburban areas may attract families, but the elevated price restricts potential profitability. Buy-and-hold At a listing price of €345,000, significantly above the fair value of €203,889, this property constitutes an overpriced buy-and-hold investment. While the suburban location offers appealing safety and educational infrastructure, the 3.8% gross yield fails to justify the initial outlay for long-term appreciation and returns.
Economic Vulnerability The economic stability score of 75 indicates a relatively strong economy, but the lower tenant stability score of 65 suggests potential risks in tenant retention and income consistency, which could affect overall return on investment.