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 111 m² on the 4th floor, energy rating C. Located on rua Doutor Sérgio Vieira de Melo, 68, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. This property includes a multifunctional room, perfect for a home office or additional storage, enhancing its versatility for modern living needs.
The valuation. The asking price of €270,000 exceeds the fair value of €237,895 by €32,105, reflecting an overpricing of 13.5%. This discrepancy suggests caution for potential investors seeking value in the market.
Fair value modelled at €237,895 from 6 comparable sales in the area. Asking €270,000 sits €32,105 (13.5%) above — overpriced versus fair value.
Asking €270,000 versus the rua Doutor Sérgio Vieira de Melo, 68 area baseline of €181,548 (€1,636/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €181,548, adjusted for condition and micro-location, gives a modelled fair value of €237,895 (€2,143/m²), a €32,105 (13.5%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Sérgio Vieira de Melo, 68 | Subject | €270,000 | €2,432 | — | 75 | 80 |
| rua da Portelinha, 452 | Active | €275,000 | €1,937 | 20.4% | 74 | 74 |
| rua Marques de Sá | Active | €279,900 | €2,014 | 17.2% | 70 | 76 |
| Fânzeres e São Pedro da Cova · 49b8ef | Active | €316,500 | €2,293 | 5.7% | 78 | 73 |
| Fânzeres e São Pedro da Cova · 1e6425 | Active | €250,000 | €2,273 | 6.6% | 75 | 78 |
| Median comp | €277,450 | €2,144 | 11.9% | 75 | 75 |
Long-term rental The current listing price of €270,000 is priced 13.5% above its fair value of €237,895, which diminishes the overall investment appeal for long-term rental potential. With a gross yield of only 3.6% and a condition rating of 78/100, this property is not positioned favorably within the rental market. Buy-and-hold Given that the property is listed above fair value, it presents a challenge for a buy-and-hold strategy, particularly with a modest yield of 3.6%. Additionally, while the neighbourhood scores 80/100 in desirability, the pricing negates potential appreciation benefits over the long term. Short-term vacation rental Although short-term rentals can be lucrative, this apartment's listing price at €270,000 lacks alignment with its fair value, making it a less compelling investment option. Coupled with a stable neighbourhood and a yield of only 3.6%, the property may not generate sufficient returns to justify the initial cost for vacation rental purposes.
Tenant turnover risk A tenant stability score of 75/100 indicates potential fluctuations in occupancy, which could lead to increased vacancy rates and associated costs.
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