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 81 m², built in 1999. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This apartment features a sunroom and pantry, offering additional organization and versatility, while the box garage is adapted for electric vehicle charging, reflecting modern living needs.
The valuation. The asking price of €270,000 is significantly above fair value by €133,929 (49.6%), indicating that the property is overpriced. This discrepancy suggests that potential buyers should exercise caution before proceeding.
Fair value modelled at €136,071 from the area baseline, adjusted for condition and location. Asking €270,000 sits €133,929 (49.6%) above — overpriced versus fair value.
Asking €270,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €122,877 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 82 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 75 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €122,877 + condition +€5,822 + location +€7,373 = modelled fair value of €136,071 (€1,680/m²), a €133,929 (49.6%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 49b95b | Subject | €270,000 | €3,333 | — | 75 | 65 |
| rua Padre António da Costa Leite, 41 | Active | €319,000 | €2,681 | 19.6% | 74 | 75 |
| rua São Mamede, 20 | Active | €275,000 | €4,167 | 25.0% | 85 | 74 |
| Valongo · 956e91 | Active | €289,900 | €2,457 | 26.3% | 75 | 66 |
| rua da Estrada Velha, 182 | Active | €285,000 | €3,167 | 5.0% | 75 | 67 |
| Median comp | €287,450 | €2,924 | 12.3% | 75 | 71 |
Long-term rental Given the current listing price of €270,000 compared to a fair value of €136,071, the property appears overpriced, leading to a gross yield of only 3.7%. The moderate housing demand in this suburban area of Greater Porto suggests that long-term rental returns may not meet investor expectations due to the inflated entry cost. Family rental While the property could cater to families due to its size and reasonable condition, the high listing price of €270,000 significantly overshadows its fair value of €136,071, resulting in a high purchase premium. Additionally, the neighborhood's amenities and safety rating indicate potential challenges in attracting long-term family renters at this price point. Buy-and-hold With the current market price being 49.6% above fair value, the buy-and-hold strategy seems less appealing as the property has a gross yield of only 3.7%. Investors may face prolonged periods before seeing any appreciation in value, as the high entry cost exceeds the potential growth, especially in a suburb with moderate housing demand.
Tenant turnover risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and expenses related to finding new tenants.
