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, 2-bathroom apartment of 116 m², built in 2003, energy rating C. Located on rua da Portelinha, 486, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a full-length balcony offering unobstructed views of Porto, enhancing the natural light and spacious feel of the living areas.
The valuation. The asking price of €289,000 sits €86,271 (29.9%) above the fair value of €202,729, indicating that the property is overpriced. This discrepancy suggests that potential investors may want to rethink their offers. Buy-to-flip angle. A buy-and-flip strategy could yield considerable returns with renovations targeting aesthetic enhancements and functionality upgrades to draw higher bids, given the high-quality finishes present. We recommend assessing the market to ensure the resale price significantly exceeds current estimates. Buy-to-let angle. With a gross yield of 3.5% and an estimated monthly rental income of €843, this property can serve as a stable long-term investment. Ideal for family rentals, its condition and neighborhood appeal can attract reliable tenants.
Fair value modelled at €202,729 from the area baseline, adjusted for condition and location. Asking €289,000 sits €86,271 (29.9%) above — overpriced versus fair value.
Asking €289,000 versus the rua da Portelinha, 486 area baseline of €267,496 (€2,306/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 79 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua da Portelinha, 486
Area baseline €267,496 + condition +€6,344 + location +€20,413 = modelled fair value of €202,729 (€1,748/m²), a €86,271 (29.9%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Portelinha, 486 | Subject | €289,000 | €2,491 | — | 80 | 79 |
| avenida Professor Doutor Anibal Cavaco Silva | Active | €335,000 | €2,577 | 3.4% | 74 | 75 |
| rua Padre António da Costa Leite, 41 | Active | €319,000 | €2,681 | 7.6% | 74 | 75 |
| rua Valbom, 10 | Active | €260,000 | €3,250 | 30.4% | 85 | 74 |
| rua São Mamede, 20 | Active | €275,000 | €4,167 | 67.2% | 85 | 74 |
| Median comp | €297,000 | €2,966 | 19.0% | 80 | 75 |
Long-term rental Due to the significant gap of 29.9% between the listing price and fair value, this apartment is overpriced for long-term rental investments. The gross yield of 3.5% further indicates that this may not meet investor return expectations. Buy-and-hold Investing in this property as a buy-and-hold strategy is disadvantageous due to its overpriced status, as it does not align with the market's fair value of €202,729. The limited potential for appreciation, combined with an adequate neighborhood rating of 79/100, suggests constrained long-term growth prospects. Family rental While the apartment may attract families due to its size and adequate neighborhood rating, its overpriced condition may impede financial viability in the family rental market. The 3.5% yield alongside fair value considerations renders it a risky proposition for family-oriented tenants in the area.
Economic downturn risk With an economic stability score of 85/100, any significant economic downturn could impact tenant demand despite a relatively strong score, potentially affecting rental income and property value over time.
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