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 122 m², built in 1993, energy rating C. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a fully equipped modern kitchen with high-end appliances and an integrated laundry area, enhancing convenience for urban living. Valuation Verdict: Fair opportunity to acquire a centrally located property with excellent solar exposure.
The valuation. The asking price of €237,500 sits significantly above the fair value of €209,522, reflecting an overpriced position of €27,978 (11.8%). This indicates a buyer would be overpaying for this property.
Fair value modelled at €209,522 from the area baseline, adjusted for condition and location. Asking €237,500 sits €27,978 (11.8%) above — overpriced versus fair value.
Asking €237,500 versus the Foz do Sousa e Covelo, Gondomar, Porto area baseline of €291,214 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 85 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Foz do Sousa e Covelo, Gondomar, Porto
Area baseline €291,214 + condition +€13,344 + location +€11,104 = modelled fair value of €209,522 (€1,717/m²), a €27,978 (11.8%) gap versus the €237,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · b7c3cc | Subject | €237,500 | €1,947 | — | 85 | 65 |
| Campanhã · 0900fd | Active | €385,000 | €3,348 | 72.0% | 87 | 80 |
| Campanhã · 090118 | Active | €365,000 | €3,411 | 75.2% | 85 | 78 |
| Cedofeita, Santo Ildefonso, Sé, Miragaia, São Nicolau e Vitória · 023a6c | Active | €390,000 | €4,756 | 144.3% | 80 | 74 |
| rua Pescadores, 243 | Active | €395,000 | €3,160 | 62.3% | 80 | 71 |
| Median comp | €387,500 | €3,380 | 73.6% | 83 | 76 |
Long-term rental The 2-bed apartment in Foz do Sousa e Covelo, priced at €237,500, exceeds the fair value of €209,522 by 11.8%, indicating a significant overpricing which could limit profitability in long-term rental strategies. With a 0% gross yield, the financial returns do not justify the investment in this property. Buy-and-hold With the fair value being €209,522, the current listing price suggests the property is overpriced by 11.8%, suggesting that holding this asset may not generate the expected returns over time. The rental market conditions and lack of yield further complicate its attractiveness for long-term appreciation. Family rental The pricing of €237,500 reveals that this property is overpriced compared to its fair value, which may deter potential long-term tenants due to affordability issues. Additionally, while the property condition is decent, the overall neighborhood scoring of 65/100 raises concerns about demand in the family rental market.
[Market Vulnerability] With an economic stability score of 70 and a tenant stability score of 60, the property faces potential volatility in rental income and market demand, risking a decrease in overall property value due to less robust economic conditions and a higher likelihood of tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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