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.
3-bedroom, 2-bathroom apartment of 95 m² on the 3rd floor, built in 1997. Located on rua Vasco da Gama, 61, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Unobstructed views from two balconies and an efficient layout that includes a versatile +1 space enhance the apartment's potential for personalization and modern living.
The valuation. The asking price of €235,000 is below the fair value of €261,540 by €26,540 (10.1%), indicating the property is subvalued and presents a favorable investment opportunity for potential buyers.
Fair value modelled at €261,540 from 6 comparable sales in the area. Asking €235,000 sits €26,540 (10.1%) below — the upside to fair value.
Asking €235,000 versus the rua Vasco da Gama, 61 area baseline of €245,439 (€2,584/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing 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 €245,439, adjusted for condition and micro-location, gives a modelled fair value of €261,540 (€2,753/m²), a €26,540 (10.1%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 61 | Subject | €235,000 | €2,474 | — | 65 | 76 |
| rua Doctor Severiano | Active | €280,000 | €2,545 | 2.9% | 70 | 73 |
| travessa Ferraria | Active | €259,500 | €3,244 | 31.1% | 64 | 73 |
| Rio Tinto · b7c00d | Active | €265,000 | €2,819 | 14.0% | 60 | 70 |
| rua Fânzeres Arlindo Vieira de Sá, 313 | Active | €309,000 | €2,687 | 8.6% | 54 | 63 |
| Median comp | €272,500 | €2,753 | 11.3% | 62 | 72 |
Long-term rental This property at €235,000 presents a promising long-term rental opportunity, as it offers a competitive yield of 4.9% gross and an attractive gap of 10.1% below its fair value of €261,540. Additionally, the neighbourhood rating of 76/100 indicates a solid environment for attracting long-term tenants. Buy-and-hold Investing in this 3-bed apartment is an appealing buy-and-hold strategy due to its current pricing being 10.1% undervalued compared to the fair market value of €261,540. With a decent condition score of 61/100 and strong neighbourhood metrics, this property is likely to appreciate well over time. Family rental The apartment, listed at €235,000, is well-suited for family rental due to its spacious 95m² layout and a neighbourhood score of 76/100, which reflects a family-friendly environment. Its yield of 4.9% gross provides a solid income potential, making it an attractive option for families looking for long-term accommodation.
Tenant turnover risk The tenant stability score of 70/100 indicates a reasonable chance of high turnover, which could lead to increased vacancy rates and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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