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.
7-bedroom, 0-bathroom house of 224 m², energy rating F. Located Melres e Medas parish, Gondomar municipality, Porto district. Noteworthy Features: The property benefits from a generous outdoor area suitable for various rehabilitation projects, enhancing its appeal as a personal residence, vacation home, or investment opportunity. Location Highlights: Situated just 300 meters from Melres river beach and 100 meters from Melres Marina, it encourages outdoor activities and leisure moments.
The valuation. The asking price of €325,000 is significantly above its fair value of €274,511, representing an overvaluation of €50,489 (15.5%). This property is priced above market expectations.
Fair value modelled at €274,511 from the area baseline, adjusted for condition and location. Asking €325,000 sits €50,489 (15.5%) above — overpriced versus fair value.
Asking €325,000 versus the Melres e Medas, Gondomar, Porto area baseline of €339,808 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 40 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Melres e Medas, Gondomar, Porto
Area baseline €339,808 + condition -€95,200 + location +€29,903 = modelled fair value of €274,511 (€1,225/m²), a €50,489 (15.5%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Melres e Medas · 90d7de | Subject | €325,000 | €1,451 | — | 40 | 72 |
| Avintes · e40b2d | Active | €145,000 | €533 | 63.3% | — | 71 |
| Gondomar (São Cosme), Valbom e Jovim · 893670 | Active | €350,000 | €1,400 | 3.5% | 42 | 72 |
| Vilar de Andorinho · 08ff89 | Active | €310,000 | €1,632 | 12.5% | 60 | 73 |
| Melres e Medas · ba3a60 | Active | €500,000 | €2,381 | 64.1% | — | 66 |
| Median comp | €330,000 | €1,516 | 4.5% | 51 | 72 |
Long-term rental The current asking price of €325,000 exceeds the fair value by 15.5%, indicating that the property is overpriced. With a gross yield of 0% and a condition rating of only 48/100, this property does not present a viable option for long-term rental investment. Family rental This property, listed at €325,000, is above the fair value of €274,511, signaling that it is overpriced. Given its low condition rating of 48/100 and a lack of yield, it is unlikely to attract families seeking affordable rental options. Buy-and-hold Priced at €325,000, this property shows a notable 15.5% disparity from its fair value, categorizing it as overpriced. The combination of a 0% gross yield and a modest condition score suggests that a buy-and-hold strategy would not be financially beneficial. Not ideal for: Luxury market, Short-term vacation rental, Student housing Location context: Greater Porto area characteristics apply. Suburban environment with typical amenities. Neighbourhood dimensions: Housing market: Economic: Amenities: Tenant quality:
Economic Vulnerability There may be a potential risk of economic downturn affecting tenant retention, with both economic and tenant stability scores at 75/100 indicating moderate exposure to instability.