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, 1-bathroom apartment of 114 m², built in 1980, energy rating C. Located on avenida da Carvalha, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes an attic that offers potential for conversion into a third bedroom or a recreational space, enhancing its functional layout and living options.
The valuation. The asking price of €250,000 is significantly above the fair value of €189,896, presenting an overvaluation of €60,104 (24.0%). This price suggests that investors should proceed with caution. Buy-to-flip angle. A buy-to-flip strategy could involve renovating the already high-quality finishes, targeting a sale that capitalizes on the suburban demand close to Porto for a higher return. Buy-to-let angle. With an estimated gross yield of 4.5% at approximately €938 per month, the apartment provides attractive long-term rental potential, appealing to families due to the decent local amenities.
Fair value modelled at €189,896 from the area baseline, adjusted for condition and location. Asking €250,000 sits €60,104 (24.0%) above — overpriced versus fair value.
Asking €250,000 versus the avenida da Carvalha area baseline of €262,884 (€2,306/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida da Carvalha
Area baseline €262,884 + condition +€356 + location +€16,602 = modelled fair value of €189,896 (€1,666/m²), a €60,104 (24.0%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Carvalha | Subject | €250,000 | €2,193 | — | 72 | 74 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 4.4% | 70 | 71 |
| estrada Nova | Active | €294,500 | €2,394 | 9.2% | 75 | 70 |
| travessa Adelino Amaro da Costa | Active | €239,500 | €1,947 | 11.2% | 70 | 79 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 18.6% | 70 | 76 |
| Median comp | €242,250 | €2,119 | 3.4% | 70 | 74 |
Long-term rental The current listing price of €250,000 places this property at a 24.0% gap above the fair value of €189,896, indicating it is overpriced. With a gross yield of 4.5% and a tenant quality rating of 74/100, long-term rental may provide steady income but requires careful consideration due to the high entry price. Family rental At €250,000, this property is overpriced compared to the fair value of €189,896, making it a less attractive option for families seeking affordable living. While the suburban location offers decent amenities and schools, the price may deter potential family tenants looking for value. Buy-and-hold The €250,000 asking price significantly exceeds the fair value of €189,896, suggesting the property is overpriced for a buy-and-hold strategy. Although the proximity to Porto ensures some economic stability, the yield of 4.5% does not justify the elevated purchase cost under current market conditions.
Economic Vulnerability The economic stability score of 75/100 suggests moderate risk due to potential fluctuations in the local economy, which could impact tenant retention and rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
