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 128 m², built in 2019. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. This apartment features two balconies with stunning river views, enhancing both its aesthetics and the overall living experience, and includes modern electric shutters for added convenience.
The valuation. The asking price of €489,000 sits significantly above the fair value of €229,594, reflecting an overpricing of €259,406 (53.0%). Given this disparity, the property cannot be considered a viable investment option. Buy-to-flip angle. The resale strategy focuses on renovating to enhance the apartment's appeal, aiming for a quick flip in a robust market—yet, the current valuation complicates achieving a favorable return on investment. Buy-to-let angle. A rental income strategy forecasts a gross yield of 2.8%, with estimated monthly income of €1,141; however, this yield falls short compared to potential profits elsewhere in the market, suggesting limited attractiveness.
Fair value modelled at €229,594 from the area baseline, adjusted for condition and location. Asking €489,000 sits €259,406 (53.0%) above — overpriced versus fair value.
Asking €489,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €194,176 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 88/100 (Condition 85 · Materials 90 · Room dimensions 87). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto
Area baseline €194,176 + condition +€16,000 + location +€19,418 = modelled fair value of €229,594 (€1,794/m²), a €259,406 (53.0%) gap versus the €489,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 0238ad | Subject | €489,000 | €3,820 | — | 85 | 75 |
| rua Afonso de Albuquerque, 379 | Active | €285,000 | €3,167 | 17.1% | 84 | 70 |
| Rio Tinto · f36081 | Active | €339,900 | €3,008 | 21.3% | 80 | 68 |
| Fânzeres e São Pedro da Cova · bf28d8 | Active | €268,000 | €2,680 | 29.8% | 78 | 69 |
| avenida General Humberto Delgado | Active | €335,000 | €2,597 | 32.0% | 73 | 81 |
| Median comp | €310,000 | €2,844 | 25.6% | 79 | 70 |
Long-term rental The apartment is priced at €489,000, significantly above the fair value of €229,594, indicating it is overpriced. With a gross yield of only 2.8%, this property may not generate sufficient rental income to justify its high listing price. Short-term vacation rental At €489,000, the apartment's price points to an overvaluation compared to its fair value of €229,594. The anticipated yield from short-term rentals may not cover the initial investment, making this strategy less appealing in the current market. Buy-and-hold The apartment's current listing of €489,000 places it well above the fair value of €229,594, rendering it overpriced. This strategy may not be optimal due to the high entry cost and low yield of 2.8%, which could impede long-term profitability.
Economic downturn risk With an economic stability score of 80/100, there is a potential risk of downturn affecting tenant retention and rental income compared to regions with higher stability.
