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 115 m² on the 1st floor, built in 1989, energy rating D. Located on avenida Carvalha, 463, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features two private balconies that provide ample natural light and outdoor space, and a closed box garage for secure parking. Condition Notes: Overall, the property exhibits a decent condition with some modern updates, although there are areas that could benefit from minor maintenance. The living spaces are adequately sized and utilize quality materials, contributing to a favorable impression.
The valuation. The asking price of €265,000 sits €9,917 (3.9%) above the fair value of €255,083, indicating the property is essentially priced at its fair market value. Buy-to-flip angle. The buy-to-flip strategy focuses on upgrading features and finishes, enhancing market appeal, and re-selling for a profit in a stable demand area like Gondomar. Buy-to-let angle. With an estimated gross yield of 3.9% at approximately €861/month, the property caters well to long-term family rentals, bolstered by the area's proximity to Porto and good living conditions.
Fair value modelled at €255,083 from 6 comparable sales in the area. Asking €265,000 sits €9,917 (3.9%) above — overpriced versus fair value.
Asking €265,000 versus the avenida Carvalha, 463 area baseline of €221,038 (€1,922/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €221,038, adjusted for condition and micro-location, gives a modelled fair value of €255,083 (€2,218/m²), a €9,917 (3.9%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Carvalha, 463 | Subject | €265,000 | €2,304 | — | 68 | 73 |
| travessa Adelino Amaro da Costa | Active | €239,500 | €1,947 | 15.5% | 70 | 79 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 2.7% | 64 | 67 |
| rua Tristāo Vaz Teixeira, 81 | Active | €274,500 | €2,288 | 0.7% | 75 | 71 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 4.8% | 72 | 74 |
| Median comp | €249,500 | €2,218 | 3.7% | 71 | 73 |
Family rental This 2-bed apartment in Gondomar stands at a fair value, making it a stable option for family rentals in an area with good livability. The proximity to Porto enhances employment prospects, attracting quality tenants looking for suburban accommodation. Long-term rental With a gross yield of 3.9%, this property is positioned well for long-term rental opportunities in a neighborhood with solid amenities and reasonable public transport access. The fair valuation suggests a sustainable investment, appealing to long-term renters seeking stability in an attractive suburban setting. Buy-and-hold Investing in this property as a buy-and-hold strategy is sensible given its fair valuation and the supportive neighborhood dynamics that favor long-term appreciation. The overall condition and livability of the area enhance its potential for value retention over time.
Potential Tenant Turnover The combination of both economic stability and tenant stability scores at 70/100 indicates a moderate risk of tenant turnover, which could impact rental income consistency.
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
