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.
4-bedroom, 3-bathroom house of 615 m², energy rating E. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: This villa boasts a unique riverfront location complemented by luxury finishes, alongside a well-maintained garden that enhances its outdoor living experience.
The valuation. The asking price of €1,850,000 is significantly above the fair value of €1,519,343, making it overpriced by €330,657 (21.8%). This discrepancy suggests that potential buyers should carefully reconsider the investment. Buy-to-flip angle. The property, while featuring quality materials, requires updates to enhance its market appeal; a strategy focused on renovations could potentially yield a profitable resale. Targeting modern buyers can maximize returns in the current market. Buy-to-let angle. Given the lack of rental income at a gross yield of 0%, a long-term rental strategy may prove challenging without significant renovations. However, the rental demand in the Greater Porto suburb could stabilize income over time with proper marketing and updates.
Fair value modelled at €1,519,343 from 6 comparable sales in the area. Asking €1,850,000 sits €330,657 (21.8%) above — overpriced versus fair value.
Asking €1,850,000 versus the Foz do Sousa e Covelo, Gondomar, Porto area baseline of €1,552,182 (€2,524/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 is above the parish average, lifting 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 €1,552,182, adjusted for condition and micro-location, gives a modelled fair value of €1,519,343 (€2,470/m²), a €330,657 (21.8%) gap versus the €1,850,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · a8ed6a | Subject | €1,850,000 | €3,008 | — | 65 | 75 |
| Melres e Medas · 49b688 | Active | €1,650,000 | €6,066 | 101.7% | 70 | 63 |
| 225cbf | Active | €320,000 | €2,560 | 14.9% | 72 | 69 |
| rua da Lenteira, 15 | Active | €2,250,000 | €3,462 | 15.1% | 73 | 69 |
| Melres e Medas · ba3a60 | Active | €500,000 | €2,381 | 20.8% | — | 66 |
| Median comp | €1,075,000 | €3,011 | 0.1% | 72 | 68 |
Long-term rental The property in Foz do Sousa e Covelo is overpriced by 21.8%, making it a less attractive option for long-term rental, especially given the 0% gross yield. Additionally, with a condition rating of 70/100 and a neighborhood score of 75/100, the investment potential does not justify the premium pricing. Buy-and-hold With a listing price of €1,850,000 exceeding the fair value of €1,519,343, this property should be approached cautiously for buy-and-hold strategies. The lack of gross yield at 0% points to a lack of income potential, undermining the rationale for holding onto an overpriced asset. Family rental At €1,850,000, the property is notably overpriced compared to its fair value, which limits its appeal for family rental. Given the condition and neighborhood ratings, families may seek other options that provide better value for money. Not ideal for The premium pricing of this property places it outside the luxury market’s reach, while the location does not fit the dynamics favored by student housing or short-term vacation rentals. Consequently, these strategies should be avoided due to misalignment with potential tenant needs and expectations.
Economic Vulnerability The economic stability score of 80 suggests a relatively strong economy, however, the tenant stability score of 70 indicates a potential risk of tenant turnover, which may lead to increased vacancy rates and fluctuating 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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