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, 1-bathroom apartment of 96 m², built in 2000. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts two elevators and a generous kitchen with an adjoining pantry and laundry area, enhancing both functionality and storage capacity. Parking: Includes a dedicated parking space for convenience.
The valuation. The property is listed at €275,000, which is €29,799 or 12.2% above its fair value of €245,201. This indicates that the asking price is overpriced based on current market conditions.
Fair value modelled at €245,201 from 6 comparable sales in the area. Asking €275,000 sits €29,799 (12.2%) above — overpriced versus fair value.
Asking €275,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €209,031 (€2,177/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €209,031, adjusted for condition and micro-location, gives a modelled fair value of €245,201 (€2,554/m²), a €29,799 (12.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 467ee3 | Subject | €275,000 | €2,865 | — | 72 | 60 |
| Gondomar (São Cosme), Valbom e Jovim · 4a80d4 | Active | €269,000 | €2,514 | 12.2% | 70 | 80 |
| rua Padre Paiva | Active | €269,000 | €2,514 | 12.2% | 70 | 74 |
| Gondomar (São Cosme), Valbom e Jovim · f35d44 | Active | €275,000 | €2,594 | 9.4% | 70 | 82 |
| rua Doutor Severiano | Active | €200,000 | €2,667 | 6.9% | 72 | 82 |
| Median comp | €269,000 | €2,554 | 10.8% | 70 | 81 |
Long-term rental The property’s current asking price of €275,000 presents a gap of 12.2% compared to its estimated fair value of €245,201, indicating it is overpriced for long-term rental investment. With a gross yield of 3.8% and a neighborhood rating of 60/100, this property may not generate attractive returns for landlords in the current market. Buy-and-hold At €275,000, the buy-and-hold strategy is undermined by the significant gap from the fair value of €245,201, firmly establishing the property as overpriced. While the urban-suburban mix offers some potential for appreciation, the yield of 3.8% does not sufficiently justify the current asking price. Value-add renovation The property’s condition score of 75/100 suggests some potential for improvement, yet the asking price of €275,000 remains 12.2% above the fair value of €245,201, rendering it overpriced for value-add renovation strategies. Even with upgrades, the current yield of 3.8% and neighborhood rating may not support the investment required to achieve a profitable outcome.
Tenant default risk With a tenant stability score of only 55/100, there is an increased risk of tenant turnover or default, potentially affecting consistent rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
