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.
1-bedroom, 1-bathroom apartment of 56 m². Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a garage and is conveniently located near the metro, enhancing accessibility for commuters and urban living.
The valuation. The asking price of €190,000 is significantly above the fair value of €68,658, placing it at €121,342 (63.9%) overpriced. This property does not offer a competitive market opportunity given its elevated price relative to its true worth.
Fair value modelled at €68,658 from the area baseline, adjusted for condition and location. Asking €190,000 sits €121,342 (63.9%) above — overpriced versus fair value.
Asking €190,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €84,952 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 45 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Fânzeres e São Pedro da Cova, Gondomar, Porto
Area baseline €84,952 + condition -€22,750 + location +€6,456 = modelled fair value of €68,658 (€1,226/m²), a €121,342 (63.9%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 956940 | Subject | €190,000 | €3,393 | — | 45 | 69 |
| parque Nascente | Active | €235,000 | €3,133 | 7.6% | — | 75 |
| rua Tomás Barbosa Leão | Active | €210,000 | €3,000 | 11.6% | 70 | 73 |
| parque Nascente | Active | €235,000 | €3,456 | 1.9% | 68 | 71 |
| alameda Shop & Residences | Active | €329,000 | €5,306 | 56.4% | — | 80 |
| Median comp | €235,000 | €3,295 | 2.9% | 69 | 74 |
Long-term rental The 1-bed apartment in Fânzeres e São Pedro da Cova is overpriced at €190,000, significantly exceeding its fair value of €68,658, creating a 63.9% gap. The gross yield of 4.5% may not justify the investment given the property's condition rating of 49/100, indicating potential renovation costs. Family rental With a fair value of €68,658, the listing price of €190,000 reveals a substantial overpricing that is likely to deter family tenants seeking affordable housing. Additionally, the neighborhood quality rating of 69/100 suggests some appeal, but the investment risk is high due to the significant price gap. Buy-and-hold Investing in this property for a buy-and-hold strategy falls short as it is overpriced at €190,000 in relation to its fair value of €68,658, indicating a 63.9% premium that could hinder future appreciation. The low condition score of 49/100 raises concerns about ongoing maintenance costs affecting long-term profitability. Not ideal for The luxury market is not a viable option for this 1-bed apartment as the listing price does not align with premium property expectations. Additionally, pursuing a short-term rental strategy may prove inefficient, with the current valuation not justifying the necessary investments for such a business model.
Potential Economic Decline The economic stability score of 65/100 suggests a significant risk of economic downturns affecting overall tenant demand and property value.
