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.
3-bedroom, 2-bathroom apartment of 122 m², built in 1994, energy rating E. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a living room with a fireplace, enhancing its charm despite the need for updates, and boasts direct access to public transportation right outside the door.
The valuation. The asking price of €282,000 is significantly above the fair value of €145,507, indicating an overpricing of €136,493 (48.4%). This valuation suggests limited immediate financial appeal for investors looking to acquire below-market properties.
Fair value modelled at €145,507 from the area baseline, adjusted for condition and location. Asking €282,000 sits €136,493 (48.4%) above — overpriced versus fair value.
Asking €282,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €185,074 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 (Condition 42 · Materials 50 · Room dimensions 48). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 70 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €185,074 + condition -€55,853 + location +€16,287 = modelled fair value of €145,507 (€1,193/m²), a €136,493 (48.4%) gap versus the €282,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · f36338 | Subject | €282,000 | €2,311 | — | 42 | 72 |
| Rio Tinto · ba59ac | Active | €240,000 | €1,678 | 27.4% | 45 | 78 |
| Rio Tinto · 95692f | Active | €240,000 | €1,678 | 27.4% | — | 73 |
| Ermesinde · 956e93 | Active | €185,000 | €1,542 | 33.3% | 55 | 69 |
| rua São Francisco Xavier | Active | €274,500 | €2,665 | 15.3% | 60 | 75 |
| Median comp | €240,000 | €1,678 | 27.4% | 55 | 74 |
Long-term rental The property is overpriced at €282,000 compared to the fair value of €145,507, indicating a significant gap of 48.4%. With a gross yield of 4.4%, the long-term rental strategy may not provide satisfactory returns given the expensive entry price. Family rental Despite being situated in a neighborhood with a score of 72/100, the €282,000 listing price positions the property as overpriced against its fair value of €145,507. Families seeking rental options may find better value elsewhere, given the modest yield of 4.4% and the overall condition score of 46/100. Buy-and-hold Investing in this property for a buy-and-hold strategy appears less favorable due to its overpriced nature at €282,000 versus the fair value of €145,507. The potential for long-term appreciation may not justify the initial investment cost, especially with a yield of only 4.4% and a condition rating of 46/100.
Tenant turnover risk With a tenant stability score of 70/100, there is a significant possibility of higher turnover, potentially leading to increased vacancy rates and associated costs.
