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, 2-bathroom apartment of 104 m², built in 1996, energy rating D. Located on rua Quartel, 6, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Unique Feature: This apartment includes a west-facing balcony off the bedroom, providing afternoon sunlight, an uncommon luxury in T2 apartments., Additional Note: The full renovation ensures high-quality finishes and modern appliances throughout.
The valuation. The asking price of €262,000 sits significantly above the fair value of €177,120, reflecting an overvaluation of €84,880 (32.4%). This discrepancy suggests that the property is overpriced in its current market setting.
Fair value modelled at €177,120 from the area baseline, adjusted for condition and location. Asking €262,000 sits €84,880 (32.4%) above — overpriced versus fair value.
Asking €262,000 versus the rua Quartel, 6 area baseline of €157,768 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 76 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 75 · Amenities 80 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Quartel, 6
Area baseline €157,768 + condition +€3,575 + location +€15,777 = modelled fair value of €177,120 (€1,703/m²), a €84,880 (32.4%) gap versus the €262,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Quartel, 6 | Subject | €262,000 | €2,519 | — | 76 | 75 |
| rua Marquesa Cadaval | Active | €259,000 | €3,408 | 35.3% | 75 | 76 |
| rua Padre António da Costa Leite, 41 | Active | €319,000 | €2,681 | 6.4% | 74 | 75 |
| rua dos Afonsos | Active | €297,500 | €2,459 | 2.4% | 78 | 71 |
| rua Padre Antonio Borges | Active | €297,500 | €2,459 | 2.4% | 75 | 63 |
| Median comp | €297,500 | €2,570 | 2.0% | 75 | 73 |
Long-term rental This 2-bed apartment in Fânzeres e São Pedro da Cova, priced at €262,000, significantly exceeds its fair value of €177,120, indicating it is overpriced by 32.4%. With a yield of 3.8% gross, the financial return is inadequate for an investment in such a competitive rental market. Buy-and-hold The current listing price of €262,000 for this apartment represents a considerable gap compared to its fair value of €177,120, branding this property as overpriced. Investors looking for a strategic hold may find the potential for appreciation limited given the current market conditions and overvaluation. Family rental At €262,000, the price of this apartment exceeds its fair value of €177,120 and reflects a 32.4% overpricing, which may deter families seeking affordable housing options. While the property is in a decent neighborhood with a rating of 75/100, the inflated cost may not align with the expectations of family renters looking for more budget-friendly accommodations.
Economic Downturn Risk The high economic stability score of 80/100 suggests a robust economy, but the tenant stability score of 70/100 indicates potential vulnerabilities in tenant retention, leading to decreased income during economic downturns.