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 105 m², built in 2001. Located on rua Alminhas da Estivada, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment offers exclusive rights to a mini vegetable garden in a large common garden, enhancing outdoor enjoyment and sustainability for residents.
The valuation. The asking price of €255,000 is substantially above the fair value of €51,529, indicating an overpriced property by €203,471 (79.8%). This creates a challenging investment scenario for potential buyers.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alminhas da Estivada | Subject | €255,000 | €2,429 | — | — | 74 |
| rua Afonso Gonçalves Baldaia | Active | €257,000 | €2,495 | 2.7% | 68 | 80 |
| Rio Tinto · 25f8d2 | Active | €269,900 | €2,782 | 14.6% | 72 | 76 |
| travessa Ferraria | Active | €259,500 | €3,244 | 33.6% | 64 | 73 |
| Rio Tinto · b7c00d | Active | €265,000 | €2,819 | 16.1% | 60 | 70 |
| Median comp | €262,250 | €2,801 | 15.3% | 66 | 75 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova, priced at €255,000, is significantly overpriced by 79.8% compared to its fair value of €51,529. This inflated pricing translates to a gross yield of only 4.6%, making it a less attractive option for long-term rental investors. Family rental With a fair value of €51,529, the current asking price of €255,000 places the property at a substantial 79.8% premium, limiting its appeal for family rental purposes. Additionally, the gross yield of 4.6% does not align with the expectations of savvy family rental investors seeking better returns. Buy-and-hold The investment thesis for a buy-and-hold strategy on this 2-bed apartment is weakened by its 79.8% markup over the fair value of €51,529. A gross yield of 4.6% indicates that holding this property may not yield sufficient returns to justify its inflated price in the current market environment.
Tenant turnover risk High tenant turnover may result from the relatively lower tenant stability score of 70/100, potentially leading to increased vacancy rates and consequent income fluctuations.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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