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 104 m² on the 3rd floor, built in 2010. Located on rua das Artes Gráficas, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. The property features a spacious balcony accessible from the living room, providing an additional outdoor space perfect for relaxation in the serene gated community.
The valuation. The asking price of €400,000 is significantly above the fair value of €270,054, indicating an overvaluation of €129,946 (48.1%). This property is not considered a viable deal given its substantially inflated asking price.
Fair value modelled at €270,054 from 6 comparable sales in the area. Asking €400,000 sits €129,946 (48.1%) above — overpriced versus fair value.
Asking €400,000 versus the rua das Artes Gráficas area baseline of €240,694 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €240,694, adjusted for condition and micro-location, gives a modelled fair value of €270,054 (€2,597/m²), a €129,946 (48.1%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Artes Gráficas | Subject | €400,000 | €3,846 | — | 75 | 74 |
| Gondomar (São Cosme), Valbom e Jovim · 467ee3 | Active | €275,000 | €2,865 | 25.5% | 72 | 60 |
| Gondomar (São Cosme), Valbom e Jovim · 4a80d4 | Active | €269,000 | €2,514 | 34.6% | 70 | 80 |
| rua Padre Paiva | Active | €269,000 | €2,514 | 34.6% | 70 | 74 |
| travessa Boavista | Active | €262,500 | €2,599 | 32.4% | 75 | 75 |
| Median comp | €269,000 | €2,557 | 33.5% | 71 | 75 |
Long-term rental The property in Gondomar is overpriced with a listing price that is 48.1% above its fair value, making it a poor candidate for long-term rental ventures. With a low gross yield of 2.6% and a moderate condition rating of 75/100, the potential returns are not attractive enough to justify the investment. Buy-and-hold Investors considering a buy-and-hold strategy should be cautious given that the current pricing reflects a significant 48.1% overvaluation. Despite the area's appeal as a part of the Porto metro, the overpriced nature of the apartment limits upside potential in the long run. Value-add renovation Engaging in a value-add renovation strategy on this Gondomar apartment is compromised due to its current pricing being substantially above fair value by 48.1%. While improvements may enhance the property’s aesthetic and functionality, the high initial investment may hinder overall returns based on its current market position.
Tenant turnover risk: With a tenant stability score of 60/100, there's a higher likelihood of increased vacancy rates, which could impact rental income and property cash flow.
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