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 107 m², built in 2003. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Notable Feature: The apartment features a pleasant balcony that enhances outdoor leisure opportunities and built-in wardrobes for optimized storage, adding significant functionality to the living space.
The valuation. The asking price of €245,000 sits significantly above its fair value of €175,954, indicating it is overpriced by €69,046 (28.2%). This discrepancy suggests that the property may not be a sound investment at the current asking price.
Fair value modelled at €175,954 from the area baseline, adjusted for condition and location. Asking €245,000 sits €69,046 (28.2%) above — overpriced versus fair value.
Asking €245,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €246,742 (€2,306/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €246,742 + condition +€0 + location +€13,635 = modelled fair value of €175,954 (€1,644/m²), a €69,046 (28.2%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 96c47c | Subject | €245,000 | €2,290 | — | 70 | 71 |
| estrada Nova | Active | €294,500 | €2,394 | 4.6% | 75 | 70 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 4.2% | 72 | 74 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 22.0% | 70 | 76 |
| rua da Portelinha, 452 | Active | €275,000 | €1,937 | 15.4% | 74 | 74 |
| Median comp | €262,500 | €2,065 | 9.8% | 73 | 74 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova, listed at €245,000, presents a significant gap of 28.2% over its fair value of €175,954, indicating it is overpriced for long-term rental investment. The expected gross yield of 3.5% does not compensate for the elevated purchase price, limiting its attractiveness to investors seeking reliable returns. Family rental This property, while located in a suburban area with decent amenities and low crime rates, is still priced at €245,000, which is 28.2% above its fair value of €175,954, classifying it as overpriced for family rental purposes. With a gross yield of 3.5%, potential returns may not be appealing enough for families looking for affordable housing options. Buy-and-hold At a listing price of €245,000, the 2-bed apartment's valuation reveals a 28.2% premium over its fair value of €175,954, making it an overpriced choice for a buy-and-hold strategy. The relatively moderate gross yield of 3.5% fails to justify the investment when considering the future appreciation potential in a suburban market context. Not ideal for The apartment does not align with characteristics of the luxury market nor is it suitable for short-term vacation rentals, given its $condition$ and neighborhood ratings, reinforcing its overpriced status against the rental strategies analyzed.
[Tenant turnover risk] With a tenant stability score of 65/100, there's a higher likelihood of increased tenant turnover, which could lead to higher vacancy rates and associated costs.
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