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 106 m² on the 2nd floor, built in 1997, energy rating D. Located on rua Alto de Barreiros, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy features: This apartment includes a heat recovery system in the living room and a spacious laundry room adjacent to the fully equipped kitchen, enhancing functionality and comfort.
The valuation. The asking price of €259,500 sits €13,703 (5.6%) above the fair value of €245,797, indicating that the property is fairly valued at its current listing price. This suggests alignment with market expectations, avoiding characterization of a deal or undervaluation.
Fair value modelled at €245,797 from 6 comparable sales in the area. Asking €259,500 sits €13,703 (5.6%) above — overpriced versus fair value.
Asking €259,500 versus the rua Alto de Barreiros area baseline of €213,879 (€2,018/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €213,879, adjusted for condition and micro-location, gives a modelled fair value of €245,797 (€2,319/m²), a €13,703 (5.6%) gap versus the €259,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto de Barreiros | Subject | €259,500 | €2,448 | — | 75 | 72 |
| rua Jaime Cortesão | Active | €190,000 | €2,262 | 7.6% | 75 | 67 |
| avenida Carvalha, 463 | Active | €265,000 | €2,304 | 5.9% | 68 | 73 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 10.4% | 72 | 74 |
| estrada Dom Miguel | Active | €210,000 | €2,333 | 4.7% | 70 | 71 |
| Median comp | €230,000 | €2,283 | 6.7% | 71 | 72 |
Long-term rental The property is positioned for steady long-term rental income with a gross yield of 3.2%, aligning well with the fair market dynamics of the Porto metro area. Its favorable condition and suburban amenities support a consistent demand from quality tenants seeking stable housing options. Family rental Given the safe suburban environment and available amenities, this 2-bed apartment is suitable for family rental, attracting tenants looking for a spacious and convenient living space. The overall appeal in Gondomar underscores the property’s potential for longer-term family tenancies, although the current price aligns closely with fair market value. Buy-and-hold As a buy-and-hold investment, this apartment offers moderate appreciation potential, given its fair valuation and the stable economic conditions of the Porto metro area. Investors may find value in holding the property long-term, benefiting from gradual equity growth within a generally secure neighborhood. Not ideal for short-term vacation rental The property does not align with short-term vacation rental strategies, as its rental yield and suburban setting may not attract transient guests looking for holiday accommodations. Furthermore, proximity to urban attractions in Porto may not compensate for its lack of appeal in the vacation rental market. Not ideal for luxury market Targeting the luxury market would be inappropriate, as this property’s condition and amenities do not meet the expectations typically associated with high-end real estate. Its pricing and location suggest a more modest offering, catering to the mid-range housing sector without luxury appeal.
Tenant turnover risk A tenant stability score of 65/100 indicates potential challenges in retaining tenants, which could lead to increased vacancy rates and rental income instability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
