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 84 m² on the 3rd floor, built in 2001, energy rating B. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a home automation system that allows seamless control of the front door lock, curtains, air conditioning, and lighting via a mobile app, enhancing convenience and security.
The valuation. The asking price of €300,000 is significantly above the fair value of €242,686, representing an overpricing of €57,314 (23.6%). This discrepancy suggests that potential investors should exercise caution before proceeding with the purchase.
Fair value modelled at €242,686 from 6 comparable sales in the area. Asking €300,000 sits €57,314 (23.6%) above — overpriced versus fair value.
Asking €300,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €220,343 (€2,623/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €220,343, adjusted for condition and micro-location, gives a modelled fair value of €242,686 (€2,889/m²), a €57,314 (23.6%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 3df454 | Subject | €300,000 | €3,571 | — | 78 | 62 |
| Baguim do Monte (Rio Tinto) · 8ee696 | Active | €320,000 | €2,991 | 16.3% | 75 | 73 |
| rua Dom António Castro Meireles, 60 | Active | €290,000 | €2,959 | 17.1% | 70 | 71 |
| rua Manuel de Sousa Casal | Active | €325,000 | €3,218 | 9.9% | 78 | 80 |
| Rio Tinto · cfe26e | Active | €297,000 | €2,496 | 30.1% | 72 | 70 |
| Median comp | €308,500 | €2,975 | 16.7% | 74 | 72 |
Long-term rental This 2-bed apartment is overpriced at €300,000, exceeding its fair value of €242,686 by 23.6%, which limits the potential for long-term rental yields at just 2.4%. Additionally, the condition score of 76/100 and neighborhood score of 62/100 indicate challenges in attracting reliable tenants without a competitive price adjustment. Buy-and-hold While the Greater Porto region shows potential for property appreciation, the current price of €300,000 makes this apartment less attractive for a buy-and-hold strategy due to its gap from fair value. The combination of a modest gross yield of 2.4% and a neighborhood rating of 62/100 does not support a strategic investment at this pricing level. Family rental Given the apartment’s pricing at €300,000 compared to the fair value of €242,686, it is overpriced and may deter families seeking affordable rental options. The acceptable condition score of 76/100 suggests livability, but without a price reduction, the demand from family renters is likely to be subdued.
Economic Vulnerability The economic stability score of 65 suggests a moderate risk of economic downturn affecting property values, while a tenant stability score of 55 indicates potential issues with tenant retention and rental income consistency.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
