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.
3-bedroom, 1-bathroom country_house of 288 m², built in 1951. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes robust natural stone walls that enhance thermal insulation and offers the potential for substantial agricultural use with 5,500 m² of rustic land. Location Advantage: Its proximity to the scenic Douro River Riverside Walk and Zebreiros River Beach adds recreational appeal.
The valuation. The asking price of €345,000 is significantly above fair value, which is estimated at €262,074, creating a discrepancy of €82,926 or 24.0%. The property is thus evaluated as overpriced.
Fair value modelled at €262,074 from the area baseline, adjusted for condition and location. Asking €345,000 sits €82,926 (24.0%) above — overpriced versus fair value.
Asking €345,000 versus the Foz do Sousa e Covelo, Gondomar, Porto area baseline of €687,456 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 25/100 (Condition 20 · Materials 30 · Room dimensions 30). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Foz do Sousa e Covelo, Gondomar, Porto
Area baseline €687,456 + condition -€227,250 + location +€52,428 = modelled fair value of €262,074 (€910/m²), a €82,926 (24.0%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · 483cc9 | Subject | €345,000 | €1,198 | — | 20 | 80 |
| Sandim, Olival, Lever e Crestuma · 38b56e | Active | €360,000 | €1,674 | 39.8% | — | 75 |
| rua Central do Olival | Active | €375,000 | €1,603 | 33.8% | 55 | 71 |
| rua Central do Olival | Active | €375,000 | €1,603 | 33.8% | 53 | 67 |
| rua B | Active | €340,000 | €1,868 | 55.9% | — | 70 |
| Median comp | €367,500 | €1,639 | 36.8% | 54 | 71 |
Buy-and-hold The property at €345,000 is overpriced compared to its fair value of €262,074, creating a 24.0% gap that signifies limited potential for appreciation. While the 5.2% gross yield may appear attractive, the relative high price diminishes the investment's long-term viability. Long-term rental Despite the neighbourhood's good amenities and urban characteristics, the property's price tag suggests it is overpriced, thus reducing the appeal for long-term rental strategies. With a condition score of 25/100, significant renovations may be needed, further complicating the investment's return potential. Family rental Though the area scores well in safety and amenities, the property is currently overpriced, which could deter families looking for affordable long-term housing options. This discrepancy between the purchase price and fair value might limit the potential for stable rental income in a competitive family rental market.
Economic Dependency The high economic stability score of 80/100 suggests a strong overall economy, but a potential downturn could still negatively impact rental demand and tenant stability, currently also at 80/100, highlighting a reliance on economic trends for tenant retention.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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