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, 0-bathroom house of 71 m², energy rating D. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The property is located on a spacious 300m² lot, allowing potential for expansion or landscaping despite its current neglect. Renovation Potential: With existing documentation in order, a new entrance could be feasibly created.**
The valuation. The asking price of €175,000 is €8,742 (5.3%) above the fair value of €166,258, rendering it a fair investment opportunity in the market. This suggests that the property is well-priced for its current condition and neighborhood dynamics.
Fair value modelled at €166,258 from 6 comparable sales in the area. Asking €175,000 sits €8,742 (5.3%) above — overpriced versus fair value.
Asking €175,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €190,317 (€2,681/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 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 €190,317, adjusted for condition and micro-location, gives a modelled fair value of €166,258 (€2,342/m²), a €8,742 (5.3%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 3d97c3 | Subject | €175,000 | €2,465 | — | 35 | 69 |
| Fânzeres e São Pedro da Cova · 190765 | Active | €140,500 | €2,342 | 5.0% | 45 | 76 |
| Gondomar (São Cosme), Valbom e Jovim · dee42d | Active | €195,000 | €1,477 | 40.1% | — | 81 |
| rua Alegre, 254 | Active | €350,000 | €2,059 | 16.5% | — | 82 |
| Rio Tinto · 1f3442 | Active | €340,000 | €2,482 | 0.7% | 55 | 73 |
| Median comp | €267,500 | €2,201 | 10.7% | 50 | 79 |
Long-term rental The property offers a gross yield of 5.6%, which is competitive given the proximity to Porto and the mixed demographics of the suburb. However, the fair valuation reflects a slight premium over market expectations, indicating that while the investment may perform adequately, it does not hold significant upside potential. Family rental As a 3-bed house with moderate amenities and neighborhood safety, this property could attract families seeking to live near Porto. Nevertheless, the pricing places it at a fair value, suggesting that while it meets essential criteria, it does not present a compelling opportunity for maximum return. Buy-and-hold The existing condition rating of 40/100 signals that some investment may be necessary to enhance its appeal over time, particularly for long-term appreciation. In light of the current fair valuation, this strategy may be prudent, yet it is not positioned as a standout opportunity for substantial value growth in the immediate future.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of increased vacancy rates or frequent turnover, which could impact rental income stability.
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