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.
0-bedroom, 0-bathroom country_house of 104 m². Located Gove parish, Baião municipality, Porto district. Features: Encompassing 15,000m² of land with established water lines, this property boasts potential for expansion and offers panoramic views of the Douro River and Caldas de Aregos.
The valuation. The asking price of €120,000 significantly exceeds the fair value of €25,472 by €94,528, representing an overpricing of 78.8%. This property is considered overpriced based on its market evaluation.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gove · dc146f | Subject | €120,000 | €1,154 | — | — | 53 |
| Santa Cruz do Douro e São Tomé de Covelas · 00178f | Active | €495,000 | €8,534 | 639.7% | — | 60 |
| Ancede e Ribadouro · 6eb8e3 | Active | €139,000 | €735 | 36.3% | 70 | 61 |
| autoestrada N108, 265 | Active | €795,000 | €4,704 | 307.7% | 70 | 56 |
| Santa Cruz do Douro e São Tomé de Covelas · 38a03c | Active | €400,000 | €2,030 | 76.0% | — | 59 |
| Median comp | €447,500 | €3,367 | 191.8% | 70 | 60 |
Long-term rental Given the property in Gove, Baião is priced at €120,000 with a fair value of only €25,472, it poses a significant financial strain on potential long-term rental investors. The 4.9% gross yield is not compelling enough to justify the high acquisition cost, indicating an overpriced investment. Family rental With a fair value gap of 78.8%, the property does not align with the expected returns for family rentals in a mixed residential and rural setting. This overpricing detracts from its potential appeal as a family rental, limiting the investor's ability to attract quality tenants. Value-add renovation Investing in value-add renovations at an overvalued price of €120,000 presents substantial risk and limits upside potential, as the current condition score is 0/100. The discrepancy between the listing price and fair value creates a challenging environment for realizing a profitable renovation strategy. Not ideal for Short-term vacation rental, Luxury market, Student housing\nThe significant overvaluation prohibits the property from being a viable option for short-term vacation rentals or entry into the luxury market, as returns do not meet expectations. Additionally, the mixed neighbourhood setting is less conducive to attracting students, leading to further caution for potential investors.
Economic Vulnerability With an economic stability score of 45/100, there is a significant risk of market downturns affecting rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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