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 109 m², built in 1998, energy rating D. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a large private outdoor area and three orientations (east, south, and west), enhancing natural light and outdoor living options.
The valuation. The asking price of €275,000 is below the fair value of €305,936, indicating the property is subvalued by €30,936 (10.1%). This presents an attractive opportunity for potential buyers. Buy-to-flip angle. A resale strategy could capitalize on the appreciation in value post-renovation, targeting a quick turnaround to maximize profit. Upgrading the kitchen finishes would enhance the apartment's appeal. Buy-to-let angle. With an estimated monthly rental income of €596, the gross yield of 2.6% makes this property a viable option for long-term rental investment in a desirable Greater Porto location.
Fair value modelled at €305,936 from 6 comparable sales in the area. Asking €275,000 sits €30,936 (10.1%) below — the upside to fair value.
Asking €275,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €273,947 (€2,513/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 €273,947, adjusted for condition and micro-location, gives a modelled fair value of €305,936 (€2,807/m²), a €30,936 (10.1%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · b328a9 | Subject | €275,000 | €2,523 | — | 68 | 71 |
| rua Alto de Barreiros | Active | €269,000 | €2,717 | 7.7% | 68 | 72 |
| Baguim do Monte (Rio Tinto) · 0017b4 | Active | €265,000 | €2,912 | 15.4% | 72 | 66 |
| rua Monte Crasto | Active | €250,000 | €2,688 | 6.5% | 72 | 72 |
| rua 25 de Abril | Active | €320,000 | €2,645 | 4.8% | 70 | 78 |
| Median comp | €267,000 | €2,703 | 7.1% | 71 | 72 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova, priced at €275,000, is effectively subvalorizada by 10.1% compared to its fair value of €305,936. Given its gross yield of 2.6% and decent condition ratings, it presents a solid opportunity for reliable long-term rental income in the Greater Porto area. Buy-and-hold Acquiring this property for €275,000 is strategically sound as it stands 10.1% below its fair value of €305,936, suggesting potential for capital appreciation over time. The appealing location near Porto, combined with a favourable economic environment, makes this a beneficial buy-and-hold investment. Family rental This apartment, listed at €275,000, is not only subvalorizada at 10.1% compared to its fair value but also benefits from a strong proximity to amenities and employment opportunities in the Greater Porto region. Its solid condition and neighbourhood ratings of 71/100 make it well-suited for families seeking long-term rental options.
Economic downturn risk: With both economic stability and tenant stability at 75/100, there's a notable risk of economic downturn affecting rental income stability.
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