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.
3-bedroom, 2-bathroom apartment of 125 m² on the 3rd floor, built in 1997, energy rating C. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment boasts a spacious kitchen equipped with high-quality appliances, and a versatile office/bedroom that enhances its functional living space.
The valuation. The asking price of €259,000 is slightly above fair value at €252,589, representing a difference of €6,411, or approximately 2.5%. Verdict: fair.
Fair value modelled at €252,589 from 6 comparable sales in the area. Asking €259,000 sits €6,411 (2.5%) above — overpriced versus fair value.
Asking €259,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €218,124 (€1,745/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 €218,124, adjusted for condition and micro-location, gives a modelled fair value of €252,589 (€2,021/m²), a €6,411 (2.5%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 86cc47 | Subject | €259,000 | €2,072 | — | 73 | 72 |
| Gondomar (São Cosme), Valbom e Jovim · 19f560 | Active | €245,000 | €2,094 | 1.1% | 72 | 78 |
| Fânzeres e São Pedro da Cova · e40aad | Active | €159,000 | €1,314 | 36.6% | 70 | 74 |
| Fânzeres e São Pedro da Cova · 1e6425 | Active | €250,000 | €2,273 | 9.7% | 75 | 78 |
| rua Cesário Verde | Active | €300,000 | €1,796 | 13.3% | 73 | 77 |
| Median comp | €247,500 | €1,945 | 6.1% | 73 | 78 |
Long-term rental This property offers a gross yield of 3.7%, which aligns with the fair value assessment of €252,589, making it a reasonable long-term rental investment. However, with the property being priced at €259,000, the rental return may not be compelling enough to justify the price. Value-add renovation While the apartment is in fair condition with a score of 75/100, there may be opportunities for value-add renovation that could enhance its appeal and rental income potential. That said, the current fair market value suggests that excessive spending on improvements may not yield the desired financial returns, given the €259,000 listing price. Student housing The proximity to Porto may attract students seeking affordable housing options, but the listing price near fair value at €259,000 limits potential profitability for this strategy. As a result, leveraging student housing demand may be challenging without adopting a more competitive pricing strategy due to the current pricing dynamics. Not ideal for: Short-term vacation rental, Luxury market The characteristics of the local housing market and the target audience suggest that this property may not perform as well in the short-term vacation rental space or the luxury market. With the surrounding neighborhood rated at 72/100, these segments may underperform relative to what investors might typically expect in more affluent areas.
Economic Dependency The property may be at risk due to its moderate economic stability score of 75/100, suggesting reliance on external economic factors that could impact tenant demand and rental income.
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
