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 118 m² on the 1st floor, built in 2005, energy rating D. Located on rua Centro Republicano Pádua Correia, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. This apartment includes a balcony that offers scenic views of nearby green spaces and riverside areas, enhancing the lifestyle appeal despite its need for cosmetic updates.
The valuation. The asking price of €269,000 is significantly above the fair value of €165,065, representing an overvaluation of €103,935 (38.6%). This discrepancy suggests that the property is overpriced and may not attract buyers at this level.
Fair value modelled at €165,065 from the area baseline, adjusted for condition and location. Asking €269,000 sits €103,935 (38.6%) above — overpriced versus fair value.
Asking €269,000 versus the rua Centro Republicano Pádua Correia area baseline of €281,666 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 54 · Materials 58 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 81/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Centro Republicano Pádua Correia
Area baseline €281,666 + condition -€36,138 + location +€22,197 = modelled fair value of €165,065 (€1,399/m²), a €103,935 (38.6%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Centro Republicano Pádua Correia | Subject | €269,000 | €2,280 | — | 54 | 81 |
| Gondomar (São Cosme), Valbom e Jovim · 82c732 | Active | €250,000 | €2,083 | 8.6% | 55 | 77 |
| Gondomar (São Cosme), Valbom e Jovim · 38b27e | Active | €305,000 | €2,421 | 6.2% | 70 | 71 |
| rua do Monte da Estação | Active | €215,000 | €3,525 | 54.6% | 60 | 71 |
| rua Macau, 7 | Active | €230,000 | €2,300 | 0.9% | 62 | 65 |
| Median comp | €240,000 | €2,361 | 3.5% | 61 | 71 |
Long-term rental With a fair value significantly lower than the listing price, this property is currently overpriced with a 38.6% gap. The gross yield of 3.1% supports limited cash flow potential, making this an unappealing choice for long-term rental investment. Buy-and-hold Despite the potential for long-term appreciation in the Porto metropolitan area, the current pricing position of this property suggests it is overpriced. Holding this property may not yield the desired return given the substantial discrepancy from its fair value. Family rental While the neighborhood scores well in various dimensions, the significant gap from fair value indicates that this family rental investment is overpriced at its current listing. The modest yield of 3.1% further diminishes the attractiveness for families seeking quality rental options in the area.
Tenant turnover risk Higher tenant turnover may occur due to the tenant stability score of 80/100, potentially leading to increased vacancy rates and costs associated with re-leasing the property.
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