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.
6-bedroom, 3-bathroom house of 348 m², built in 1970, energy rating E. Located on rua Doutor Joaquim Manuel Costa, 582, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This property boasts a charming regional kitchen and extensive outdoor areas including a greenhouse and various fruit trees, enhancing its appeal for nature enthusiasts.
The valuation. The asking price of €490,000 sits at 8.0% below the fair value of €532,466. The property is fairly valued, making it an attractive option for potential investors.
Fair value modelled at €532,466 from 6 comparable sales in the area. Asking €490,000 sits €42,466 (8.0%) below — the upside to fair value.
Asking €490,000 versus the rua Doutor Joaquim Manuel Costa, 582 area baseline of €504,481 (€1,450/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 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 €504,481, adjusted for condition and micro-location, gives a modelled fair value of €532,466 (€1,530/m²), a €42,466 (8.0%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Joaquim Manuel Costa, 582 | Subject | €490,000 | €1,408 | — | 57 | 81 |
| rua de Santa Eulália | Active | €265,000 | €1,023 | 27.3% | — | 73 |
| rua do Bonfim | Active | €430,000 | €1,822 | 29.4% | 40 | 74 |
| Campanhã · 1e621f | Active | €900,000 | €1,429 | 1.5% | — | 72 |
| travessa de Cabanões S / N | Active | €175,000 | €1,101 | 21.8% | 58 | 65 |
| Median comp | €347,500 | €1,265 | 10.2% | 49 | 73 |
Long-term rental The property offers a gross yield of 6.5%, which aligns with stable rental income expectations in the Gondomar area. However, given its 58/100 condition rating, it may require maintenance investments that could impact long-term returns. Short-term vacation rental While the property is located in a central area with good proximity to urban amenities, the fair value assessment shows a marginal gap of 8.0%, indicating that it is priced close to market expectations. The tenant quality potential is favorable; however, the 58/100 condition may deter some short-term guests looking for pristine accommodations. Buy-and-hold Holding this property in a growing real estate market like Porto presents a reasonable opportunity given its fair value and strong neighbourhood rating of 81/100. The current condition will necessitate capital expenditures which might limit immediate upside, but the central location supports a long-term appreciation strategy. Not ideal for student housing Given the condition rating of 58/100 and the limited market appeal to students at this price point, it's advisable to look for alternative housing options. This property might not attract the consistent demand often associated with student rentals, impacting overall occupancy rates.
Tenant turnover risk High tenant turnover may occur despite a reasonable tenant stability score of 80/100, leading to potential income instability and higher vacancy costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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