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 154 m², energy rating C. Located on avenida Carvalha, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The kitchen includes a practical pantry and independent laundry, while two bedrooms feature private balconies, enhancing both convenience and outdoor accessibility.
The valuation. The asking price of €299,900 sits €59,977 (20.0%) above the fair value of €239,923, indicating the property is overpriced. This discrepancy suggests a lack of competitive rationale supporting the listing price.
Fair value modelled at €239,923 from the area baseline, adjusted for condition and location. Asking €299,900 sits €59,977 (20.0%) above — overpriced versus fair value.
Asking €299,900 versus the avenida Carvalha area baseline of €233,618 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Carvalha
Area baseline €233,618 + condition -€16,122 + location +€22,427 = modelled fair value of €239,923 (€1,558/m²), a €59,977 (20.0%) gap versus the €299,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Carvalha | Subject | €299,900 | €1,947 | — | 72 | 74 |
| Fânzeres e São Pedro da Cova · 1e6425 | Active | €250,000 | €2,273 | 16.7% | 75 | 78 |
| rua Santa Filomena S / N | Active | €309,000 | €2,377 | 22.1% | 70 | 78 |
| rua São Brás | Active | €265,000 | €2,366 | 21.5% | 73 | 73 |
| rua Santa Filomena S / N | Active | €309,000 | €2,377 | 22.1% | 70 | 75 |
| Median comp | €287,000 | €2,372 | 21.8% | 72 | 77 |
Long-term rental The property at Fânzeres e São Pedro da Cova is overpriced, with a gap of 20.0% from its fair value of €239,923, making it a less appealing option for long-term rental investments. The gross yield of 4.6% does not justify the high purchase price in the current market conditions. Buy-and-hold Investing in this 3-bed apartment as a buy-and-hold strategy is not advisable given its valuation at €299,900, which is significantly above its fair value. Despite the potential for appreciation, the current price limits the investment's attractiveness and overall return on investment. Family rental As a family rental, the property is not a favorable choice due to its overpriced status, with a significant gap from the fair value of €239,923. Although the neighborhood scores a respectable 74/100, the financial metrics do not support a strong investment case at this price point.
Tenant turnover risk With a tenant stability score of 70/100, the property may experience higher than average turnover, potentially leading to increased vacancy periods and costs associated with finding new tenants.
