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, 3-bathroom house of 200 m², built in 2006, energy rating B. Located Gove parish, Baião municipality, Porto district. Noteworthy Features: The property includes a versatile pantry and outdoor barbecue area, enhancing functionality for entertaining while surrounded by a spacious plot of land measuring 543 m².
The valuation. The asking price of €310,000 sits significantly below the fair value of €595,968, making it €285,968 (48.0%) underpriced. This presents a compelling opportunity for investment based on current market conditions.
Fair value modelled at €595,968 from 6 comparable sales in the area. Asking €310,000 sits €285,968 (48.0%) below — the upside to fair value.
Asking €310,000 versus the Gove, Baião, Porto area baseline of €568,309 (€2,842/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €568,309, adjusted for condition and micro-location, gives a modelled fair value of €595,968 (€2,980/m²), a €285,968 (48.0%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gove · 1f367a | Subject | €310,000 | €1,550 | — | 70 | 58 |
| rua de São Pedro, 129 | Active | €1,150,000 | €3,710 | 139.3% | 80 | 56 |
| Santa Cruz do Douro e São Tomé de Covelas · 00178f | Active | €495,000 | €8,534 | 450.6% | — | 60 |
| rua da Cruz | Active | €400,000 | €2,030 | 31.0% | 72 | 58 |
| Santa Cruz do Douro e São Tomé de Covelas · 38a03c | Active | €400,000 | €2,030 | 31.0% | — | 59 |
| Median comp | €447,500 | €2,870 | 85.2% | 76 | 59 |
Long-term rental This property in Gove, Baião presents an attractive opportunity for long-term rental given its fair value of €595,968 and a current listing price of €310,000, indicating a significant gap of 48.0%. With a gross yield of 3.1%, the property offers potential for steady cash flow in a growing suburban area influenced by Porto. Value-add renovation The house is currently listed below its fair value, providing a prime opportunity for value-add renovation strategies to enhance its condition rating of 68/100. Investing in improvements could increase both property value and tenant satisfaction in this suburb, leveraging the accessible urban resources to attract higher-quality tenants.
Economic Vulnerability The property's economic stability score of 65/100 indicates a moderate risk of economic downturns affecting property values and rental income. Tenant Turnover Risk With a tenant stability score of only 60/100, there is a heightened risk of frequent tenant turnover, which could lead to increased vacancy rates and additional costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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