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 apartment of 79 m², built in 1990, energy rating E. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a private balcony accessible from one of the bedrooms, enhancing outdoor living, and offers a dedicated laundry room for added convenience.
The valuation. The asking price of €260,000 is significantly above the fair value of €128,894, indicating an overpricing of €131,106 (50.4%). This suggests that the property is not aligned with market expectations. Buy-to-flip angle. With a substantial mark-up on the price, a buy-to-flip strategy would require renovations to increase appeal, targeting a resale in a more favorable market. The current condition and location may pose challenges for quick turnover. Buy-to-let angle. A buy-and-hold strategy could yield a gross annual income of approximately €9,876 (€823 per month), resulting in a gross yield of 3.8%. This approach would attract long-term tenants, especially given the proximity to Porto.
Fair value modelled at €128,894 from the area baseline, adjusted for condition and location. Asking €260,000 sits €131,106 (50.4%) above — overpriced versus fair value.
Asking €260,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €119,843 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 74 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto
Area baseline €119,843 + condition -€1,975 + location +€11,026 = modelled fair value of €128,894 (€1,632/m²), a €131,106 (50.4%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 49b7f0 | Subject | €260,000 | €3,291 | — | 74 | 73 |
| rua Luís de Camões | Active | €250,000 | €3,165 | 3.8% | 72 | 77 |
| Gondomar (São Cosme), Valbom e Jovim · bf2a6d | Active | €259,500 | €2,675 | 18.7% | 65 | 76 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 20.6% | 73 | 73 |
| avenida Dom João I, 667 | Active | €262,000 | €2,817 | 14.4% | 75 | 72 |
| Median comp | €260,750 | €2,746 | 16.6% | 73 | 75 |
Long-term rental This 2-bed apartment in Gondomar is selling for €260,000, which is significantly above its fair value of €128,894, indicating an overpriced status. With a gross yield of 3.8%, this investment does not provide adequate returns given its elevated price point. Student housing Given its location near Porto, the demand for student housing is expected, but the property’s market price of €260,000 versus the fair valuation of €128,894 makes it a less attractive investment. While the condition and neighborhood ratings are moderate, the high price remains unaligned with the potential rental income. Buy-and-hold The purchase price of €260,000 suggests an overpriced asset relative to the fair value of €128,894, making long-term value appreciation unlikely. The returns, based on the current yield of 3.8%, do not justify the initial investment, decreasing the overall appeal for a buy-and-hold strategy.
Tenant turnover risk A tenant stability score of 65/100 suggests a higher potential for turnover, which could lead to increased vacancy rates and associated costs.
