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 104 m² on the 4th floor, built in 1997, energy rating D. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a sunroom accessible from the kitchen, enhancing natural light and outdoor connectivity, and features storage space for added convenience.
The valuation. The asking price of €279,000 exceeds the fair value of €222,268 by €56,732 (25.5%), indicating that the property is overpriced. This discrepancy suggests potential difficulty in achieving a profitable investment at this price point.
Fair value modelled at €222,268 from 6 comparable sales in the area. Asking €279,000 sits €56,732 (25.5%) above — overpriced versus fair value.
Asking €279,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €203,690 (€1,959/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €203,690, adjusted for condition and micro-location, gives a modelled fair value of €222,268 (€2,137/m²), a €56,732 (25.5%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 1f36d8 | Subject | €279,000 | €2,683 | — | 70 | 80 |
| Fânzeres e São Pedro da Cova · 6ebadf | Active | €360,000 | €2,011 | 25.0% | 65 | 72 |
| rua Padre Andrade Silva, 1 | Active | €300,000 | €2,419 | 9.8% | 75 | 65 |
| Rio Tinto · 95692f | Active | €240,000 | €1,678 | 37.4% | — | 73 |
| rua da Cal | Active | €355,000 | €2,113 | 21.2% | 73 | 77 |
| Median comp | €327,500 | €2,062 | 23.1% | 73 | 73 |
Long-term rental The 3-bed apartment in Gondomar is overpriced at €279,000 with a fair value of €222,268, resulting in a 25.5% gap. While the area boasts a stable housing market and good demand, the current yield of 3.9% gross does not justify the high purchase price in the long run. Family rental Given the apartment's condition rating of 72/100 and the neighbourhood's score of 80/100, it might be sought after for family living despite the overpriced listing. Although families typically favor larger or more offer-friendly homes, tenants may be deterred by the substantial overpricing of €56,732. Buy-and-hold The long-term investment potential of holding this property is limited due to its significant overvaluation against its fair value. With a healthy economy in the Porto metropolitan area, the returns on this strategy will struggle to meet expectations due to the substantial price gap of 25.5%.
Potential Tenant Turnover A tenant stability score of 80/100 indicates that while current tenants are generally stable, there is a substantial 20% risk of turnover that could affect rental income.
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