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 180 m² on the 2nd floor, energy rating C. Located on rua Manuel Monteiro Meireles, 32, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes three balconies for outdoor enjoyment and offers a garage, a rare convenience in urban living. Location Bonus: Situated steps away from the Douro River walkways for active lifestyle enthusiasts.
The valuation. The asking price of €300,000 sits slightly above fair value at €291,304, with a difference of €8,696 (3.0%). This property is currently valued fairly compared to its asking price. Buy-to-flip angle. The buy-to-flip strategy focuses on renovating this 3-bed apartment within its appealing suburban location and then reselling it to families or investors in the Greater Porto area. The potential resale price can be boosted by emphasizing high-quality finishes and spacious layout. Buy-to-let angle. Aiming for long-term rental, this apartment could generate an estimated monthly income of €1,475, yielding an attractive 5.9% gross yield. The property’s strong neighborhood appeal and family-friendly features will attract stable tenants.
Fair value modelled at €291,304 from 6 comparable sales in the area. Asking €300,000 sits €8,696 (3.0%) above — overpriced versus fair value.
Asking €300,000 versus the rua Manuel Monteiro Meireles, 32 area baseline of €220,924 (€1,227/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting 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 €220,924, adjusted for condition and micro-location, gives a modelled fair value of €291,304 (€1,618/m²), a €8,696 (3.0%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Monteiro Meireles, 32 | Subject | €300,000 | €1,667 | — | 70 | 80 |
| rua Antero Quental | Active | €320,000 | €1,509 | 9.4% | 72 | 73 |
| Campanhã · 001545 | Active | €380,000 | €1,727 | 3.6% | 70 | 80 |
| Bonfim · 28bb74 | Active | €498,000 | €1,968 | 18.1% | 74 | 72 |
| rua Vereda João Pinto | Active | €325,000 | €1,195 | 28.3% | 70 | 73 |
| Median comp | €352,500 | €1,618 | 2.9% | 71 | 73 |
Family rental This 3-bed apartment is well-suited for family rental, given its generous size of 180m² and decent neighborhood rating of 80/100. However, potential landlords should note that while the yield is a respectable 5.9%, the fair value is close to the listing at €300,000, indicating a fair investment without significant upside potential. Long-term rental For long-term rental, this property offers a stable investment opportunity in a suburban area with residential characteristics, catering to families seeking larger living spaces. The 3.0% gap to fair value suggests that while this property is fairly priced, it does not provide an opportunity for immediate appreciation. Buy-and-hold The buy-and-hold strategy may yield steady cash flow from a long-term tenant due to the apartment's favorable size and condition rating of 76/100. However, with the asking price closely aligned to its fair value, investors might anticipate limited appreciation in the property’s value over time. Not ideal for The property is not suitable for short-term vacation rental or student housing, given its suburban setting and family-oriented appeal. Additionally, it may not cater well to the luxury market, limiting opportunities for higher-end rental returns.
Economic downturn risk A decrease in economic stability from 80 could lead to reduced demand for rental properties, impacting revenue.
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