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 81 m², built in 1997. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The living room boasts a charming fireplace, adding warmth and character to the space, while the 3rd-floor unit benefits from enhanced privacy and reduced street noise.
The valuation. The asking price of €237,000 is significantly above the fair value of €119,983, representing an overvaluation of €117,017 or 49.4%. This discrepancy suggests that prospective buyers should approach with caution.
Fair value modelled at €119,983 from the area baseline, adjusted for condition and location. Asking €237,000 sits €117,017 (49.4%) above — overpriced versus fair value.
Asking €237,000 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 67/100 (Condition 68 · Materials 64 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 66/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €122,877 + condition -€10,758 + location +€7,864 = modelled fair value of €119,983 (€1,481/m²), a €117,017 (49.4%) gap versus the €237,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 1e6371 | Subject | €237,000 | €2,926 | — | 68 | 66 |
| rua Santa Joana, 20 | Active | €254,800 | €2,474 | 15.5% | 68 | 62 |
| rua Doutor Severiano | Active | €200,000 | €2,667 | 8.9% | 72 | 82 |
| travessa Ferraria | Active | €259,500 | €3,244 | 10.9% | 64 | 73 |
| rua Monte Pedro | Active | €215,000 | €3,071 | 5.0% | 68 | 69 |
| Median comp | €234,900 | €2,869 | 1.9% | 68 | 71 |
Long-term rental The property is overpriced at €237,000, considerably exceeding its fair value of €119,983, indicating a significant expectation for future price appreciation that may not be sustainable. With a gross yield of only 3.3%, it is unlikely to provide a compelling return on investment in the long-term rental market. Family rental This 2-bed apartment in Fânzeres e São Pedro da Cova is overpriced, making it a less attractive option for families looking for a home. Given the neighborhood's decent amenities and schools, potential tenants may seek more reasonable options in the area. Buy-and-hold The purchase price of €237,000 places this property as overpriced compared to its fair value of €119,983, diminishing the likelihood of positive returns from a buy-and-hold strategy. The current yield of 3.3% does not justify the investment, given the high initial cost and mediocre property condition rating of 67/100. Not ideal for short-term vacation rental The pricing structure of the property at €237,000 marks it as overpriced, which detracts from its suitability for the short-term vacation rental market. Additionally, the lower yield and suburban characteristics may provide challenges in attracting tourists seeking higher-quality accommodations. Not ideal for luxury market Given its current asking price, the property is considered overpriced, rendering it unsuitable for entry into the luxury market segment. The neighborhood and property conditions do not align with the expectations typically associated with high-end investments. Not ideal for student housing The 2-bed apartment is overpriced at €237,000, posing a significant barrier for potential student tenants who are often looking for more affordable housing options. The combination of price and yield makes this property less appealing in a market segment that generally prioritizes budget-friendly choices.
Economic Vulnerability The economic stability score of 65/100 suggests a moderate risk of economic downturns impacting tenant demand and rental income stability.**
