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 105 m². Located on rua Agostinho Alves Sousa, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This apartment features a spacious balcony that provides a perfect outdoor space for relaxation, along with built-in wardrobes enhancing storage efficiency.
The valuation. The asking price of €282,000 is significantly above the fair value of €228,112, representing an overvaluation of €53,888 or 23.6%. This price point does not align with similar properties in the area.
Fair value modelled at €228,112 from 6 comparable sales in the area. Asking €282,000 sits €53,888 (23.6%) above — overpriced versus fair value.
Asking €282,000 versus the rua Agostinho Alves Sousa area baseline of €196,228 (€1,869/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €196,228, adjusted for condition and micro-location, gives a modelled fair value of €228,112 (€2,172/m²), a €53,888 (23.6%) gap versus the €282,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Agostinho Alves Sousa | Subject | €282,000 | €2,686 | — | 75 | 71 |
| travessa do Maninho S / N | Active | €269,000 | €2,152 | 19.9% | 72 | 77 |
| Ermesinde · de0b8a | Active | €162,337 | €1,691 | 37.0% | 72 | 65 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 13.2% | 75 | 71 |
| rua Eduardo Joaquim Reis Figueira | Active | €285,000 | €1,727 | 35.7% | 72 | 70 |
| Median comp | €272,000 | €1,940 | 27.8% | 72 | 71 |
Long-term rental The property is overpriced at €282,000, which is 23.6% above its fair value of €228,112, resulting in lower-than-expected rental yields. Additionally, with a gross yield of only 3.6%, this investment may not provide sufficient returns compared to market expectations in Fânzeres e São Pedro da Cova. Family rental At a listing price of €282,000, which exceeds the fair value by 23.6%, the financial viability for a family rental strategy appears limited. Furthermore, while the neighbourhood scores a 71/100 overall, the price of the property diminishes potential profit margins for families seeking long-term rental options. Buy-and-hold Given that the property is priced 23.6% over its fair value at €282,000, investors should reconsider the buy-and-hold strategy in this instance. The gross yield of 3.6% coupled with a condition rating of 79/100 suggests that while the apartment is livable, the price may hinder future appreciation and returns for investors. Not ideal for The luxury market would find this property overpriced at €282,000, as the pricing does not align with high-end expectations in the area. Similarly, the apartment's profile does not match the needs of student housing, making it an unsuitable investment for that sector.
[Economic downturn risk] With an economic stability score of 75/100 and tenant stability at 70/100, there is a moderate risk that economic fluctuations could lead to increased vacancies or reduced rental income.
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