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.
3-bedroom, 2-bathroom apartment of 152 m², built in 2019, energy rating B. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Property Overview: The apartment boasts expansive river views from multiple balconies, enhancing both the aesthetic appeal and the living experience. Energy Efficiency: Equipped with double glazing and electric shutters for maximum energy conservation.
The valuation. The asking price of €489,000 is significantly above the fair value of €277,254, marking a difference of €211,746 or 43.3%. Thus, this property is overpriced.
Fair value modelled at €277,254 from the area baseline, adjusted for condition and location. Asking €489,000 sits €211,746 (43.3%) above — overpriced versus fair value.
Asking €489,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €230,584 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 87 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 85). Strong amenities and housing-market momentum support a premium to baseline.
Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto
Area baseline €230,584 + condition +€19,000 + location +€27,670 = modelled fair value of €277,254 (€1,824/m²), a €211,746 (43.3%) gap versus the €489,000 asking price.
Long-term rental The 3-bed apartment in Gondomar, listed at €489,000, shows a significant overvaluation of 43.3% against its fair value of €277,254, rendering it overpriced for long-term rental strategies. With a gross yield of 0%, the investment does not promise any immediate return, making it a less attractive option for this market segment. Family rental With family-oriented tenants in mind, the property’s condition rating of 85/100 may appeal, yet the listing price of €489,000 is substantially higher than the fair valuation of €277,254, indicating it is overpriced. Given the non-existent gross yield of 0%, families seeking rental options may find better value elsewhere. Buy-and-hold The buy-and-hold strategy is negatively impacted by the apartment's current listing of €489,000, significantly above its fair value of €277,254, which classifies it as overpriced. The absence of any rental yield further complicates the long-term investment outlook, suggesting that capital appreciation might not justify the elevated acquisition cost.
Economic Volatility Risk With an economic stability score of 80/100, there is a moderate risk that sudden economic downturns could negatively impact property values and rental income.
