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, 1-bathroom apartment of 71 m². Located on travessa Cosme Ferreira Castro, 19, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a sunroom that provides natural light and an additional closed garage for convenient parking in a central location.
The valuation. The asking price of €230,000 sits significantly above the fair value of €108,676, representing an overpriced scenario by €121,324 or 52.7%. This valuation suggests a potential loss for any investor looking to purchase. Buy-to-flip angle. Given the current market conditions and fair value disparity, a buy-to-flip strategy is unlikely to yield positive returns. It is advised to seek properties closer to fair market prices for successful flipping opportunities. Buy-to-let angle. With an estimated gross yield of 3.8%, the rental income strategy may generate around €728 per month. However, given the high asking price relative to fair value, long-term vacancy risks may increase.
Fair value modelled at €108,676 from the area baseline, adjusted for condition and location. Asking €230,000 sits €121,324 (52.7%) above — overpriced versus fair value.
Asking €230,000 versus the travessa Cosme Ferreira Castro, 19 area baseline of €169,477 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 62 · Materials 66 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 90 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa Cosme Ferreira Castro, 19
Area baseline €169,477 + condition -€11,094 + location +€12,063 = modelled fair value of €108,676 (€1,531/m²), a €121,324 (52.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Cosme Ferreira Castro, 19 | Subject | €230,000 | €3,239 | — | 62 | 78 |
| Gondomar (São Cosme), Valbom e Jovim · 4200ba | Active | €229,000 | €2,489 | 23.2% | — | 71 |
| Gondomar (São Cosme), Valbom e Jovim · f35d44 | Active | €275,000 | €2,594 | 19.9% | 70 | 82 |
| rua Padre Paiva | Active | €269,000 | €2,514 | 22.4% | 70 | 74 |
| Gondomar (São Cosme), Valbom e Jovim · 4a80d4 | Active | €269,000 | €2,514 | 22.4% | 70 | 80 |
| Median comp | €269,000 | €2,514 | 22.4% | 70 | 77 |
Long-term rental The property’s gross yield of 3.8% indicates a lackluster return potential for long-term rental investments compared to local market averages. Additionally, its pricing that exceeds fair value by 52.7% suggests that this property may not deliver the expected rental income relative to its cost. Buy-and-hold Investing in this property may carry significant risks, especially given its overpriced status and the 52.7% gap to its fair value. With a moderate condition score of 65/100, the long-term appreciation potential appears limited, making it a questionable buy-and-hold opportunity. Student housing While the central Porto location provides access to amenities attractive to students, the property’s high price tag of €230,000 does not align with the rental yields typically expected in the student housing market. With a fair value of €108,676, the significant overpricing limits viability in this strategy. Not ideal for The property’s pricing and condition do not support a pivot to the short-term vacation rental market, where profitability is often derived from lower entry costs. Furthermore, the upscale luxury market is out of reach given the current high valuation relative to local amenities and economic conditions.
Tenant turnover risk With a tenant stability score of 70/100, there is a potential for higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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