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 128 m² on the 2nd floor, built in 1990, energy rating D. Located on avenida Cidade de Zamora, Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a panoramic view of Bragança Castle from the living room, complemented by a 35m² living and dining area that emphasizes its spacious design.
The valuation. The asking price of €185,000 is significantly below the fair value of €247,489, representing a discount of €62,489 (25.2%). This property is indeed underpriced, presenting a compelling opportunity for investors.
Fair value modelled at €247,489 from 6 comparable sales in the area. Asking €185,000 sits €62,489 (25.2%) below — the upside to fair value.
Asking €185,000 versus the avenida Cidade de Zamora area baseline of €278,498 (€2,176/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €278,498, adjusted for condition and micro-location, gives a modelled fair value of €247,489 (€1,934/m²), a €62,489 (25.2%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Cidade de Zamora | Subject | €185,000 | €1,445 | — | 65 | 70 |
| Sandim, Olival, Lever e Crestuma · 6d53d5 | Active | €285,000 | €1,727 | 19.5% | 70 | 72 |
| bf27d2 | Active | €230,000 | €2,190 | 51.6% | 55 | 70 |
| praceta do Marão | Active | €265,000 | €1,920 | 32.9% | 80 | 73 |
| Foz do Sousa e Covelo · b7c3cc | Active | €237,500 | €1,947 | 34.7% | 85 | 65 |
| Median comp | €251,250 | €1,934 | 33.8% | 75 | 71 |
Long-term rental This property in Foz do Sousa e Covelo is currently subvalorizada, presenting an attractive investment opportunity with a gap of 25.2% compared to its fair value of €247,489. With decent tenant quality and good employment access in the suburban area near Porto, it could yield steady long-term returns despite its 0% gross yield status. Buy-and-hold Positioned below its fair value, this 128m² apartment offers a compelling buy-and-hold investment strategy as it stands to appreciate over time in the Foz do Sousa e Covelo market, currently subvalorizada by 25.2%. The property's condition and neighbourhood score of 70 suggest a stable environment for potential future value growth, making it an appealing long-term asset. Family rental This apartment's current listing price of €185,000 highlights its subvalorizada nature, allowing for an effective family rental strategy that could enhance returns in the future. Given the area’s good employment access and standard amenities, it presents a viable option for families looking for residential stability, despite a current gross yield of 0%.
Tenant turnover risk A Tenant stability score of 70/100 suggests a potential risk of higher tenant turnover, which may impact rental income and increase vacancy rates over time.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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