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 €235,212 (€2,306/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 €235,212 + 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.
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.
