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 house of 144 m², built in 1970. Located on rua Ourives, 350, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a cellar and an outbuilding, providing additional functional space and the potential for renovation to enhance its value. Condition Notes: Extensive neglect including water damage and mold requires major maintenance throughout.
The valuation. The asking price of €210,000 sits significantly above the fair value of €126,019, indicating an overpriced property by €83,981, or 40.0%. This suggests a lack of alignment between market demand and the property’s intrinsic value.
Fair value modelled at €126,019 from the area baseline, adjusted for condition and location. Asking €210,000 sits €83,981 (40.0%) above — overpriced versus fair value.
Asking €210,000 versus the rua Ourives, 350 area baseline of €218,448 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 18 · Materials 22 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Ourives, 350
Area baseline €218,448 + condition -€113,400 + location +€20,971 = modelled fair value of €126,019 (€875/m²), a €83,981 (40.0%) gap versus the €210,000 asking price.
Long-term rental The property is overpriced by 40.0% compared to its fair value of €126,019, which diminishes its attractiveness for long-term rental given the potential for lower returns. With a gross yield of 5.8%, the rental income may not justify the inflated purchase price, particularly in the context of the property’s condition rated at 25/100. Buy-and-hold Investing in this property as a buy-and-hold strategy is not ideal due to its 40.0% gap from fair value, which significantly reduces expected appreciation opportunities. The 5.8% gross yield combined with the low condition score (25/100) suggests that long-term capital growth may be hampered by the high acquisition cost. Family rental Acquiring this property for family rental purposes is not advisable as it is overpriced at €210,000, creating a mismatch between cost and expected rental income. Despite the relatively good neighbourhood score of 74/100, the inflated price and poor condition (25/100) may deter potential tenants seeking quality accommodations.
Tenant turnover risk The tenant stability score of 60/100 indicates potential issues with tenant retention, which could lead to increased vacancies and lost rental income.
