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 house of 336 m², energy rating B. Located on rua Extrema, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a spacious basement garage with storage capabilities and features various unfinished indoor areas, presenting opportunities for personalized renovations.
The valuation. The asking price of €649,000 exceeds the fair value of €573,064 by €75,936, representing a 13.3% premium. This property is priced above its fair market value, indicating it may not be an attractive investment. Buy-to-flip angle. The potential for a buy-to-flip strategy here is limited due to the property's overpriced status. Renovations could improve its appeal, but the resale value might not support a profitable flip. Buy-to-let angle. With a gross yield of 0%, this property currently does not generate rental income, which diminishes its attractiveness as a buy-to-let investment. Long-term rental opportunities exist in the area, yet the high acquisition cost poses significant financial risks.
Fair value modelled at €573,064 from 6 comparable sales in the area. Asking €649,000 sits €75,936 (13.3%) above — overpriced versus fair value.
Asking €649,000 versus the rua Extrema area baseline of €601,459 (€1,790/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 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 €601,459, adjusted for condition and micro-location, gives a modelled fair value of €573,064 (€1,706/m²), a €75,936 (13.3%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Extrema | Subject | €649,000 | €1,932 | — | 48 | 75 |
| parque Oriental | Active | €445,000 | €2,472 | 28.0% | 60 | 73 |
| rua Vasco da Gama | Active | €449,600 | €1,955 | 1.2% | 65 | 74 |
| rua São Roque da Lameira | Active | €290,000 | €2,589 | 34.1% | 67 | 78 |
| Gondomar (São Cosme), Valbom e Jovim · 956f5e | Active | €300,000 | €1,456 | 24.6% | — | 68 |
| Median comp | €372,500 | €2,214 | 14.6% | 65 | 74 |
Long-term rental This property is overpriced by 13.3%, making it a less attractive option for long-term rental, particularly given its 0% gross yield. While the neighborhood boasts a solid rating of 75/100, the house’s condition of 55/100 raises concerns for potential tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its fair value being €573,064 compared to the asking price of €649,000, indicating it is overpriced. The strategic outlook is further muted by the current yield of 0%, which does not support appreciation expectations in the long term. Family rental Although the neighborhood has a decent rating of 75/100 for family rentals, the property’s overpriced status at €649,000 presents significant investment risk. Moreover, the lack of rental yield combined with concerns about its 55/100 condition makes it a less compelling choice for family-oriented tenants.
Economic Vulnerability The economic stability score of 80 suggests that while the market is relatively strong, fluctuations could still lead to tenant instability, particularly with a tenant stability score of 75 indicating a moderate risk of turnover or vacancy in the event of economic downturns.
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