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, 3-bathroom apartment of 148 m², built in 2004. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. The property features a spacious private terrace ideal for outdoor gatherings, along with modern fixtures in the kitchen enhancing its appeal for family living.
The valuation. The asking price of €360,000 is significantly above the fair value of €240,084, reflecting a total of €119,916 (33.3%) overpricing. This property is not positioned as a financially sound investment given its inflated asking price.
Fair value modelled at €240,084 from the area baseline, adjusted for condition and location. Asking €360,000 sits €119,916 (33.3%) above — overpriced versus fair value.
Asking €360,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €224,516 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €224,516 + condition -€5,088 + location +€20,655 = modelled fair value of €240,084 (€1,622/m²), a €119,916 (33.3%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 26214b | Subject | €360,000 | €2,432 | — | 70 | 73 |
| rua Manuel Serra S / N | Active | €398,500 | €2,588 | 6.4% | 72 | 69 |
| Rio Tinto · 90d7e1 | Active | €369,000 | €3,075 | 26.4% | — | 73 |
| avenida General Humberto Delgado | Active | €335,000 | €2,597 | 6.8% | 73 | 81 |
| parque Urbano e Mercadona | Active | €298,000 | €3,041 | 25.0% | 68 | 71 |
| Median comp | €352,000 | €2,819 | 15.9% | 72 | 72 |
Long-term rental This property, priced at €360,000, significantly exceeds its fair value of €240,084, indicating an overpriced situation and challenging the potential return on investment. With a yield of only 3.8% gross in a neighborhood with a moderate condition rating of 73/100, long-term rental may not provide sufficient financial justification. Family rental The apartment's listing price of €360,000 is 33.3% above its fair value, categorizing it as overpriced, which may deter potential family tenants seeking affordable housing options. Given the neighborhood's adequate educational infrastructure and moderate rating of 73/100, families might prioritize more competitively priced rentals in better-situated areas. Buy-and-hold Investing in this property with a purchase price of €360,000, considerably higher than the fair value of €240,084, suggests an overpriced asset that might not deliver the desired appreciation over time. The current gross yield of 3.8% combined with a neighborhood rating of 73/100 raises concerns about the asset's long-term viability as a buy-and-hold investment strategy.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of external economic factors impacting rental income or property value.
