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 288 m², energy rating G. Located on rua da Igreja, 3, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This property offers a substantial garden space and a garage, emphasizing convenience and outdoor leisure potential in a rapidly appreciating area of Gondomar.**
The valuation. The asking price of €649,000 is substantially above fair value by €323,402, representing an overpricing of 49.8%. With a fair value assessed at €325,598, this property does not align with market expectations.
Fair value modelled at €325,598 from the area baseline, adjusted for condition and location. Asking €649,000 sits €323,402 (49.8%) above — overpriced versus fair value.
Asking €649,000 versus the rua da Igreja, 3 area baseline of €687,456 (€2,387/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 43/100 (Condition 40 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua da Igreja, 3
Area baseline €687,456 + condition -€146,250 + location +€34,952 = modelled fair value of €325,598 (€1,131/m²), a €323,402 (49.8%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Igreja, 3 | Subject | €649,000 | €2,253 | — | 40 | 70 |
| rua São João Deus | Active | €330,000 | €1,684 | 25.3% | — | 70 |
| Gondomar (São Cosme), Valbom e Jovim · 893670 | Active | €350,000 | €1,400 | 37.9% | 42 | 72 |
| rua Alegre, 254 | Active | €350,000 | €2,059 | 8.6% | — | 82 |
| rua Ramalho Ortigão | Active | €475,000 | €1,599 | 29.0% | 68 | 77 |
| Median comp | €350,000 | €1,642 | 27.2% | 55 | 75 |
Long-term rental The property is overpriced at €649,000, with a fair value of only €325,598, creating a significant gap of 49.8%. With a gross yield of 3.8%, the financial returns do not justify the inflated asking price in light of the property’s condition rating of 43/100. Family rental Valued at €649,000 while the fair market value is €325,598, indicates an excessive premium of 49.8%. The property’s current condition, rated at 43/100, along with the low gross yield of 3.8%, suggests that it may not meet the long-term needs of families aspiring for quality housing. Buy-and-hold Despite the potential for appreciation in Gondomar, the current listing price of €649,000 is significantly higher than the fair valuation of €325,598, presenting a gap of 49.8% that defines the property as overpriced. The low yield of 3.8% and the property’s less-than-ideal condition make it a questionable buy-and-hold investment choice. Not ideal for The property is not suitable for the luxury market due to its overpriced nature and lower condition score of 43/100. Additionally, the property is ill-suited for short-term vacation rentals and student housing, as the expected returns do not align with its high asking price and subpar condition.
Tenant turnover risk A tenant stability score of 68 indicates a moderate risk of turnover, which could affect cash flow and occupancy rates over time.
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