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 72 m² on the 3rd floor, built in 1994, energy rating E. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This apartment includes an intercom system for enhanced security and is located directly across from the Santa Barbara Basic School, ideal for families with children.
The valuation. The asking price of €190,000 sits €36,666 (23.9%) above the fair value of €153,334, indicating that the property is significantly overpriced. This disparity suggests that potential investors should exercise caution. Buy-to-flip angle. A buy-to-flip strategy may be challenging here due to the property's overpriced asking, limiting profitability upon resale. Investors should consider renovating to enhance appeal while remaining mindful of the initial investment. Buy-to-let angle. A rental income strategy could yield an estimated gross yield of 4.5%, generating approximately €712 per month. This could attract long-term tenants, given the proximity to Porto and suburban conditions enhancing stability.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 4392d9 | Subject | €190,000 | €2,639 | — | — | 71 |
| rua Santa Joana, 26 | Active | €220,000 | €1,964 | 25.6% | 68 | 72 |
| Gondomar (São Cosme), Valbom e Jovim · 25f865 | Active | €220,000 | €2,000 | 24.2% | — | 67 |
| rua dos Malmequeres, 349 | Active | €259,900 | €2,166 | 17.9% | 70 | 75 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 15.0% | 64 | 67 |
| Median comp | €234,500 | €2,083 | 21.1% | 68 | 70 |
Long-term rental The property is overpriced with a price of €190,000 compared to the fair value of €153,334, indicating a significant gap of 23.9%. Despite a stable tenant quality in the area, the yield of 4.5% is not attractive enough given the high purchase price. Family rental Although the property is located in a suburban setting with a moderate amenities score of 71/100, the current listing price is not justified against the fair value. The substantial gap of 23.9% indicates that the investment does not present a favorable opportunity for family-oriented rentals. Buy-and-hold While the proximity to Porto supports some long-term growth potential, the high listing price at €190,000 makes this investment less appealing. The valuation gap of 23.9% suggests that holding onto this property may not yield satisfactory returns given its current overpriced status.
Economic Fluctuation Risk The property's investment potential may be jeopardized by a moderate economic stability score of 75, indicating vulnerability to economic downturns that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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