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, 1-bathroom apartment of 120 m², energy rating E. Located on rua dos Malmequeres, 349, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Notable Features: This apartment includes an independent laundry area in the kitchen and a balcony with significant potential for expansion, enhancing both usability and leisure space.
The valuation. The asking price of €259,900 is significantly above the fair value of €184,869, representing an overpricing of €75,031 or 28.9%. This misalignment suggests potential challenges for future appreciation.
Fair value modelled at €184,869 from the area baseline, adjusted for condition and location. Asking €259,900 sits €75,031 (28.9%) above — overpriced versus fair value.
Asking €259,900 versus the rua dos Malmequeres, 349 area baseline of €182,040 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 78 · Amenities 73 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua dos Malmequeres, 349
Area baseline €182,040 + condition -€15,375 + location +€18,204 = modelled fair value of €184,869 (€1,541/m²), a €75,031 (28.9%) gap versus the €259,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Malmequeres, 349 | Subject | €259,900 | €2,166 | — | 70 | 75 |
| rua São Tiago, 90 | Active | €268,000 | €2,161 | 0.2% | 70 | 70 |
| rua do Padrão | Active | €340,000 | €1,988 | 8.2% | 70 | 73 |
| Campo e Sobrado · 6fbaed | Active | €279,000 | €2,232 | 3.1% | 70 | 64 |
| Fânzeres e São Pedro da Cova · 0dcd3a | Active | €317,500 | €2,160 | 0.3% | 72 | 72 |
| Median comp | €298,250 | €2,161 | 0.2% | 70 | 71 |
Long-term rental The current listing price of €259,900 represents a significant gap of 28.9% above the fair value of €184,869, indicating that the property is overpriced. This result, compounded by a gross yield of 0%, suggests that long-term rental potential is limited and may not provide sufficient returns for investors. Family rental With a fair value of €184,869, the listed price of €259,900 illustrates that this property is overpriced, making it less attractive for family rental purposes. The average condition rating of 67/100 further indicates the need for investment in maintenance, which could diminish potential family rental appeal. Buy-and-hold At a listing price of €259,900 and a fair value of €184,869, the property is currently overpriced, which could impact long-term appreciation and investor profitability in a buy-and-hold strategy. The absence of rental yield solidifies concerns over the investment's capacity to generate income over time.
Economic volatility risk The combined economic and tenant stability scores of 75/100 indicate a moderate level of risk that could lead to fluctuations in rent prices or tenant turnover, impacting cash flow.