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.
5-bedroom, 4-bathroom house of 221 m², energy rating C. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: The property’s configuration for independent living on two floors, along with its dual-garage capacity and access to extensive outdoor space, enhances its appeal for families. Location Benefits: Proximity to Angra do Douro Marina and scenic riverside walking paths offers exceptional recreational opportunities.
The valuation. The asking price of €485,000 is significantly above the fair value of €104,434, making it overpriced by €380,566 (78.5%). This property does not represent a viable investment based on current market evaluations.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · da4696 | Subject | €485,000 | €2,195 | — | — | 71 |
| rua de Nove de Abril | Active | €950,000 | €3,310 | 50.8% | — | 79 |
| Mafamude e Vilar do Paraíso · 6fbe1e | Active | €430,000 | €3,209 | 46.2% | 58 | 74 |
| rua Fonte Lodosa | Active | €580,000 | €3,452 | 57.3% | 65 | 66 |
| Baguim do Monte (Rio Tinto) · ba5768 | Active | €370,000 | €1,602 | 27.0% | 70 | 72 |
| Median comp | €505,000 | €3,260 | 48.5% | 65 | 73 |
Long-term rental The property is overpriced with a significant gap of 78.5% compared to its fair value, making it an unwise investment for a long-term rental strategy. Additionally, with a gross yield of 0% and a condition rating of 0/100, potential rental income is non-existent and requires extensive renovations, further diminishing its attractiveness. Family rental While the suburban location near Greater Porto might appeal to families, the high listing price of €485,000 doesn't align with its fair value of €104,434, indicating the property is overpriced. As the house scores a mere 0/100 in condition and offers negligible yield, it fails to present a compelling option for family rentals in the area. Buy-and-hold Given the substantial 78.5% overpricing relative to fair value, a buy-and-hold strategy would be ill-advised for this property. Its 0% gross yield coupled with a poor condition score of 0/100 suggests that holding onto the property will bear no financial benefit over time, leading to potential losses instead of gains.
Economic Resilience Risk Given an economic stability score of 75, there is a moderate risk that unexpected economic downturns could impact property demand and rental income more significantly than anticipated, especially with a borderline tenant stability score of 70 indicating potential fluctuations in 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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