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, 2-bathroom apartment of 107 m², built in 2003, energy rating D. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment is situated in a developing area with strong rental demand, making it a promising investment for future appreciation.
The valuation. The asking price of €259,500 is significantly above the fair value of €224,632, resulting in a discrepancy of €34,868 (15.5%). This property is overpriced based on current market conditions.
Fair value modelled at €224,632 from 6 comparable sales in the area. Asking €259,500 sits €34,868 (15.5%) above — overpriced versus fair value.
Asking €259,500 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €224,045 (€2,094/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €224,045, adjusted for condition and micro-location, gives a modelled fair value of €224,632 (€2,099/m²), a €34,868 (15.5%) gap versus the €259,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 652fe2 | Subject | €259,500 | €2,425 | — | 65 | 75 |
| rua Dom João I | Active | €224,000 | €2,093 | 13.7% | 61 | 73 |
| Rio Tinto · 95692f | Active | €240,000 | €1,678 | 30.8% | — | 73 |
| estrada Nova | Active | €280,000 | €2,105 | 13.2% | 58 | 72 |
| Valongo · 938557 | Active | €245,000 | €1,976 | 18.5% | 70 | 71 |
| Median comp | €242,500 | €2,035 | 16.1% | 61 | 73 |
Long-term rental The current pricing of €259,500 for this apartment reflects a 15.5% gap above the fair value of €224,632, indicating it may not yield an attractive return. With a gross yield of only 3.5%, this property is likely to be a less appealing option for long-term rental investments. Buy-and-hold This property, currently listed at €259,500, is overvalued compared to its fair market value of €224,632, making it a less favorable buy-and-hold investment. Given its yield of 3.5%, investors may find limited upside potential in holding the asset long-term. Family rental At an asking price of €259,500, the apartment exceeds its fair market value of €224,632, presenting challenges in setting competitive family rental rates. The 3.5% gross yield does not support the viability of this property as a family rental investment, as it may deter potential tenants seeking value for their housing costs.
Economic downturn impact A decline in economic stability, currently rated at 75, could significantly affect tenant stability and lead to increased vacancy rates, potentially jeopardizing cash flow.
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