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, 1-bathroom apartment of 73 m², built in 1985, energy rating D. Located on rua Eduardo Castro Gandra, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a private terrace with both covered and uncovered areas, ideal for outdoor relaxation, and boasts exceptional east/west solar exposure ensuring abundant natural light throughout the day.
The valuation. The asking price of €219,900 sits 4.6% below the fair value of €230,493, indicating a fair valuation. This suggests a solid investment without excessive overpricing or undervaluation concerns.
Fair value modelled at €230,493 from 6 comparable sales in the area. Asking €219,900 sits €10,593 (4.6%) below — the upside to fair value.
Asking €219,900 versus the rua Eduardo Castro Gandra area baseline of €219,131 (€3,002/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €219,131, adjusted for condition and micro-location, gives a modelled fair value of €230,493 (€3,157/m²), a €10,593 (4.6%) gap versus the €219,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Eduardo Castro Gandra | Subject | €219,900 | €3,012 | — | 72 | 67 |
| rua Particular da Portelinha | Active | €245,000 | €3,403 | 13.0% | 70 | 75 |
| Fânzeres e São Pedro da Cova · b328a9 | Active | €275,000 | €2,523 | 16.2% | 68 | 71 |
| Fânzeres e São Pedro da Cova · 4d445b | Active | €244,500 | €3,444 | 14.3% | — | 77 |
| Fânzeres e São Pedro da Cova · ba3a36 | Active | €248,000 | €3,493 | 16.0% | 74 | 86 |
| Median comp | €246,500 | €3,424 | 13.6% | 70 | 76 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova offers a solid gross yield of 3.7%, making it suitable for steady cash flow through long-term rentals. With a fair valuation gap of only 4.6%, the property aligns well with rental market expectations and can attract reliable tenants. Buy-and-hold This property represents a reasonable buy-and-hold investment, given its fair-valued price of €219,900 and the potential for appreciation as the surrounding area develops. The decent condition score of 70/100 indicates manageable upkeep, positioning it for value retention over time. Family rental The suburban nature of Gondomar makes this property appealing for families seeking residential stability, benefiting from its proximity to Porto for urban connectivity. The average neighbourhood score of 67/100 suggests access to essential amenities and a more family-friendly environment, enhancing rental desirability. Not ideal for Short-term vacation rental strategies would likely be hampered by the property’s suburban setting and the relatively stable demographic, which is less attractive for transient visitors. Additionally, the luxury market is not suitable given the apartment's positioning within a fair value range and the average condition and neighborhood scores.
Economic and Tenant Instability The economic stability score of 70/100 and tenant stability score of 65/100 indicate potential vulnerability to market fluctuations, which could affect rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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