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 99 m², built in 1998, energy rating D. Located on rua Alto de Barreiros, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The fireplace in the spacious living room not only enhances comfort but also adds aesthetic charm, while the well-sized pantry provides functional storage space for everyday needs.
The valuation. The asking price of €269,000 sits significantly above the fair value of €155,665, representing an excessive markup of €113,335, or 42.1%. This valuation suggests the property is overpriced.
Fair value modelled at €155,665 from the area baseline, adjusted for condition and location. Asking €269,000 sits €113,335 (42.1%) above — overpriced versus fair value.
Asking €269,000 versus the rua Alto de Barreiros area baseline of €150,183 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 (Condition 68 · Materials 74 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Alto de Barreiros
Area baseline €150,183 + condition -€7,734 + location +€13,216 = modelled fair value of €155,665 (€1,572/m²), a €113,335 (42.1%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto de Barreiros | Subject | €269,000 | €2,717 | — | 68 | 72 |
| Baguim do Monte (Rio Tinto) · 96c588 | Active | €250,000 | €2,907 | 7.0% | 65 | 69 |
| estrada da Circunvalação | Active | €265,000 | €3,272 | 20.4% | 72 | 65 |
| Baguim do Monte (Rio Tinto) · 0017b4 | Active | €265,000 | €2,912 | 7.2% | 72 | 66 |
| rua Alto de Barreiros S / N | Active | €265,000 | €3,533 | 30.0% | 75 | 74 |
| Median comp | €265,000 | €3,092 | 13.8% | 72 | 68 |
Long-term rental The property, priced at €269,000, exceeds its fair value of €155,665 by 42.1%, indicating that it is overpriced for a long-term rental investment. With a gross yield of 3.2%, the return potential does not justify the high acquisition cost against the market conditions. Family rental Given the substantial gap from fair value, this apartment is overpriced despite its reasonable condition and decent neighborhood rating of 72/100. Families seeking stable housing may find better value options in the Greater Porto area where demand exists without such marked premiums. Buy-and-hold As a buy-and-hold investment, this property presents challenges due to its overpriced status against a fair value of €155,665 and a less attractive yield of 3.2%. While the location benefits from urban spillover, the high initial investment limits overall profitability over time.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
