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, 2-bathroom house of 215 m², built in 2009, energy rating E. Located Gove parish, Baião municipality, Porto district. Noteworthy Features: The property includes a panoramic balcony ideal for outdoor gatherings, and the surrounding land offers ample space for gardening or leisure activities, enhancing its appeal. Location Highlights: Peaceful countryside setting, yet conveniently close to local amenities and services in Eiriz and Baião.
The valuation. The asking price of €240,000 is below the fair value of €261,416, representing an advantageous difference of €21,416 (8.9%). This property is considered underpriced in the current market. Buy-to-flip angle. The resale strategy involves adding value through minor renovations, allowing for a profitable exit at a higher market price after short-term ownership. Quick updates can significantly enhance appeal and maximize returns. Buy-to-let angle. With an estimated gross yield of 7.2%, the rental strategy focuses on attracting families in the mixed residential neighborhood, capitalizing on stable demand for quality homes at a reasonable rental price.
Fair value modelled at €261,416 from the area baseline, adjusted for condition and location. Asking €240,000 sits €21,416 (8.9%) below — the upside to fair value.
Asking €240,000 versus the Gove, Baião, Porto area baseline of €175,870 (€818/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 52/100 (Housing Market 60 · Amenities 50 · Economic 55 · Tenant Quality 45). Strong amenities and housing-market momentum support a premium to baseline.
Gove, Baião, Porto
Area baseline €175,870 + condition -€41,992 + location +€2,408 = modelled fair value of €261,416 (€1,216/m²), a €21,416 (8.9%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gove · 483d94 | Subject | €240,000 | €1,116 | — | 65 | 52 |
| Ancede e Ribadouro · 6eb8e3 | Active | €139,000 | €735 | 34.1% | 70 | 61 |
| autoestrada N108, 265 | Active | €795,000 | €4,704 | 321.4% | 70 | 56 |
| Santa Cruz do Douro e São Tomé de Covelas · 00178f | Active | €495,000 | €8,534 | 664.5% | — | 60 |
| Gove · ba56f0 | Active | €120,000 | €1,154 | 3.4% | — | 63 |
| Median comp | €317,000 | €2,929 | 162.4% | 70 | 61 |
Family rental This property, located in a safe semi-urban area, offers a yield of 7.2%, which is attractive for families seeking a long-term rental option. The 3-bedroom layout coupled with reasonable condition and neighborhood ratings supports its appeal for stable family tenants. Buy-and-hold With a fair value of €261,416 and a listing price of €240,000, this investment presents an opportunity for long-term appreciation, given the 8.9% gap. The consistent yield and moderate property condition position it favorably for holding value in a growing community environment. Value-add renovation Given the current condition rating of 63/100, there is potential for value-add renovations to enhance the property's appeal and boost rental income further. This strategy could realize significant upside by attracting higher-quality tenants and increasing overall property value in this moderately-rated neighborhood.
Economic Vulnerability The property might face financial instability due to a low economic stability score of 55, which can affect rental income and property value. Tenant Instability A tenant stability score of 45 raises concerns about high turnover rates, which may lead to increased costs for vacancy and tenant acquisition.
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