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 82 m² on the 3rd floor. Located on rua Ponte Barreira, 30, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a spacious balcony perfect for enjoying the serene surroundings and is located on the top floor, ensuring added privacy and reduced noise from neighbors.
The valuation. The asking price of €210,000 sits €26,209 (14.3%) above the fair value of €183,791, indicating that the property is overpriced. This discrepancy suggests that potential buyers may want to negotiate downwards. Buy-to-flip angle. With a focus on quick renovation and market resale, investors can capitalize on the existing average quality of materials and kitchens, targeting a higher price post-upgrade. Aiming for rapid turnover could potentially yield significant profits. Buy-to-let angle. Given the estimated rental income of €840 per month, the property presents a gross yield of 4.8%. The family-friendly amenities nearby enhance its appeal for long-term tenants, supporting a stable rental income strategy.
Fair value modelled at €183,791 from 6 comparable sales in the area. Asking €210,000 sits €26,209 (14.3%) above — overpriced versus fair value.
Asking €210,000 versus the rua Ponte Barreira, 30 area baseline of €174,670 (€2,130/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €174,670, adjusted for condition and micro-location, gives a modelled fair value of €183,791 (€2,241/m²), a €26,209 (14.3%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ponte Barreira, 30 | Subject | €210,000 | €2,561 | — | 68 | 73 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 30.3% | 70 | 76 |
| estrada Nova | Active | €275,000 | €2,022 | 21.0% | 70 | 69 |
| travessa Maceda | Active | €179,000 | €3,510 | 37.0% | 72 | 56 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 14.4% | 72 | 74 |
| Median comp | €225,000 | €2,108 | 17.7% | 71 | 72 |
Long-term rental This 2-bed apartment in Gondomar, priced at €210,000, falls short of its fair value of €183,791, indicating it is overpriced by 14.3%. Despite a gross yield of 4.8%, the price premium suggests that long-term rental profitability may be compromised in the current market conditions. Buy-and-hold The current listing price of €210,000 for the apartment exceeds its fair value by 14.3%, suggesting the asset is overpriced. While the property may serve as a stable buy-and-hold investment, the potential for capital appreciation appears limited given the existing price disparities. Family rental Priced at €210,000, this apartment is above its fair value of €183,791, making it overpriced at a gap of 14.3%. While the property is located in a family-friendly neighborhood, the elevated price may deter potential tenants seeking affordable housing options. Not ideal for: Student housing, Luxury market, Short-term vacation rental The apartment's pricing and location are not conducive to appealing to students or the luxury market, as it does not offer the value or amenities typically sought after in those segments. Additionally, as a short-term vacation rental, it is overpriced, which may affect its attractiveness in a competitive market.
Tenant turnover risk With a tenant stability score of 70/100, there is a specific risk of higher turnover rates which could lead to increased vacancy periods and reduced rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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