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 102 m², built in 1997, energy rating C. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment boasts a functional kitchen with a separate laundry/marquise, and a spacious living room with a fireplace leading to a charming balcony with unobstructed views.
The valuation. The asking price of €280,000 is significantly above the fair value of €176,049, representing an overpricing of €103,951, or 37.1%. This property does not reflect a financially sound purchase based on its current market assessment.
Fair value modelled at €176,049 from the area baseline, adjusted for condition and location. Asking €280,000 sits €103,951 (37.1%) above — overpriced versus fair value.
Asking €280,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €154,734 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto
Area baseline €154,734 + condition +€3,984 + location +€17,330 = modelled fair value of €176,049 (€1,726/m²), a €103,951 (37.1%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 001b27 | Subject | €280,000 | €2,745 | — | 75 | 78 |
| rua Alto de Barreiros S / N | Active | €265,000 | €3,533 | 28.7% | 75 | 74 |
| Gondomar (São Cosme), Valbom e Jovim · 4a80d4 | Active | €269,000 | €2,514 | 8.4% | 70 | 80 |
| rua Padre Paiva | Active | €269,000 | €2,514 | 8.4% | 70 | 74 |
| praceta Henrique Santana | Active | €280,000 | €3,146 | 14.6% | 75 | 80 |
| Median comp | €269,000 | €2,830 | 3.1% | 73 | 77 |
Long-term rental The property is overpriced by 37.1% compared to its fair value, which may hinder profitability for long-term rental investors. Given the gross yield of only 3.9%, this investment may not meet the expected return threshold in the current market conditions. Family rental Given its suburban location and decent condition score of 78/100, the property could attract families seeking stability, but the excessive pricing reduces its affordability for many potential renters. The yield of 3.9% suggests that the investment may not provide substantial returns, especially with the gap from fair value being significant. Buy-and-hold Although holding this property could offer some long-term appreciation potential due to proximity to Porto, being priced 37.1% above fair value may lead to stagnation in growth and impede realization of gains. The current gross yield of 3.9% does not justify the investment, making it less viable as a hold for discerning investors.
Potential Economic Downturn There is a risk that economic stability at 80/100 may not withstand significant downturns, potentially affecting tenant stability which is also at 80/100.