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 115 m², built in 2005, energy rating F. Located on rua Centro Republicano Pádua Correia, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: Enjoy direct access to a spacious garage in the basement and a well-designed laundry area for efficient living in this modern apartment.
The valuation. The asking price of €283,000 sits significantly above the fair value of €181,203, resulting in an overpriced assessment of €101,797 or 36.0%. This indicates that the property is not a financially sound investment at its current listing. Buy-to-flip angle. The buy-to-flip strategy could involve renovations to enhance the property's appeal, with the potential to resell at a higher price in a burgeoning neighborhood near Porto. However, the current valuation presents a serious hurdle for achieving a profitable return. Buy-to-let angle. With an estimated gross rental yield of 3%, the buy-to-let strategy could generate approximately €708 per month. The apartment's quality and location may attract long-term tenants, though the overall gap between asking price and value is concerning for investors.
Fair value modelled at €181,203 from the area baseline, adjusted for condition and location. Asking €283,000 sits €101,797 (36.0%) above — overpriced versus fair value.
Asking €283,000 versus the rua Centro Republicano Pádua Correia area baseline of €274,505 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 72 · Materials 75 · Room dimensions 67). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Centro Republicano Pádua Correia
Area baseline €274,505 + condition -€7,906 + location +€14,654 = modelled fair value of €181,203 (€1,576/m²), a €101,797 (36.0%) gap versus the €283,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Centro Republicano Pádua Correia | Subject | €283,000 | €2,461 | — | 72 | 71 |
| Gondomar (São Cosme), Valbom e Jovim · 49b7f0 | Active | €260,000 | €3,291 | 33.7% | 74 | 73 |
| rua Luís de Camões | Active | €250,000 | €3,165 | 28.6% | 72 | 77 |
| Gondomar (São Cosme), Valbom e Jovim · bf2a6d | Active | €259,500 | €2,675 | 8.7% | 65 | 76 |
| rua Professora Filomena Monteiro, 102 | Active | €270,000 | €2,700 | 9.7% | 76 | 75 |
| Median comp | €259,750 | €2,933 | 19.2% | 73 | 76 |
Long-term rental This 2-bed apartment in Gondomar is priced at €283,000, which reflects a significant premium of 36.0% above its fair value of €181,203, indicating it is overpriced. The resulting gross yield of 3% is relatively low compared to market expectations, making it less attractive for long-term investment. Family rental With a valuation gap of 36.0% indicating overpricing, the €283,000 asking price does not align with the fair value of €181,203, suggesting that potential returns may be diminished. Additionally, while the neighborhood scores positively with a 71/100 rating, the overpriced status limits the appeal for family tenants seeking reasonable rental options. Buy-and-hold Given the €283,000 asking price is overvalued compared to the fair value of €181,203, this investment may struggle to provide adequate long-term capital appreciation. The property’s condition and neighborhood score indicate potential, but the inflated price detracts from its viability as a buy-and-hold asset.
[Tenant turnover risk] The tenant stability score of 65/100 indicates a potential risk of higher turnover, which may lead to increased vacancy periods and associated costs.
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