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.
6-bedroom, 2-bathroom house of 196 m², built in 1970, energy rating F. Located on rua São João Deus, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The property is situated on a generous 972 m² plot, offering significant outdoor space for potential landscaping, expansion, or additional structures such as a garage or garden. Location Advantage: It is nestled in a highly sought-after area of Gondomar, ensuring an increase in property value post-renovation due to proximity to essential amenities and transport links.
The valuation. The asking price of €330,000 is significantly above fair value of €91,431, indicating the property is overpriced by €238,569 or 72.3%. This discrepancy raises concerns regarding the investment's potential return. Buy-to-flip angle. A resale strategy would require significant renovation to enhance market appeal, given the property’s current condition is rated 0/100. Optimizing this space for modern buyers could aim for a quick turnaround at a higher price point. Buy-to-let angle. The estimated rental income of €1,788 per month suggests a gross yield of 6.5%, making it a potentially profitable long-term investment. However, the property needs upgrades to attract reliable long-term tenants in the mixed neighborhood of Gondomar.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São João Deus | Subject | €330,000 | €1,684 | — | — | 70 |
| rua Alegre, 254 | Active | €350,000 | €2,059 | 22.3% | — | 82 |
| Gondomar (São Cosme), Valbom e Jovim · 893670 | Active | €350,000 | €1,400 | 16.8% | 42 | 72 |
| Gondomar (São Cosme), Valbom e Jovim · b7b51b | Active | €260,000 | €1,494 | 11.3% | 45 | 72 |
| rua Dom Pedro IV | Active | €180,000 | €1,286 | 23.6% | 40 | 84 |
| Median comp | €305,000 | €1,447 | 14.1% | 42 | 77 |
Long-term rental The property is overpriced at €330,000 with a significant gap of 72.3% compared to its fair value of €91,431. Despite a decent yield of 6.5%, the property’s condition is very poor and tenant quality in the neighbourhood may be a concern for long-term rental stability. Buy-and-hold Holding this property for the long term may not yield the expected returns due to its current price being overvalued by 72.3%. While the proximity to Porto offers potential economic opportunities, the poor condition and high price could result in a negative investment experience over time. Family rental Although the property is listed as a family rental option due to its size, it is overpriced at €330,000, well above the fair value of €91,431. The surrounding neighbourhood offers some amenities but the property’s condition and elevated price point may deter potential families looking for a quality home.
Economic Vulnerability The economic stability score of 70 indicates a moderate risk, while a tenant stability score of 65 suggests potential challenges in rent collection or tenant turnover.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit