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 99 m² on the 1st floor, energy rating D. Located on rua Ferreira Castro, 88, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a sunroom that enhances natural light and offers additional living space, along with a dedicated parking space in an area with limited availability.
The valuation. The asking price of €247,900 is 7.1% below the fair value of €266,883, indicating a valuation that aligns well with market expectations. This property represents a fair investment opportunity within the current market context.
Fair value modelled at €266,883 from 6 comparable sales in the area. Asking €247,900 sits €18,983 (7.1%) below — the upside to fair value.
Asking €247,900 versus the rua Ferreira Castro, 88 area baseline of €220,950 (€2,232/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €220,950, adjusted for condition and micro-location, gives a modelled fair value of €266,883 (€2,696/m²), a €18,983 (7.1%) gap versus the €247,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ferreira Castro, 88 | Subject | €247,900 | €2,504 | — | 74 | 80 |
| rua Tristāo Vaz Teixeira, 81 | Active | €274,500 | €2,288 | 8.6% | 75 | 71 |
| rua Professora Filomena Monteiro, 149 | Active | €275,000 | €2,500 | 0.2% | 80 | 77 |
| travessa Cabo Tipo Empreendimento | Active | €238,000 | €3,902 | 55.8% | 80 | 78 |
| travessa Adelino Amaro da Costa | Active | €239,500 | €1,947 | 22.2% | 70 | 79 |
| Median comp | €257,000 | €2,394 | 4.4% | 78 | 78 |
Long-term rental The 2-bed apartment in Gondomar has a gross yield of 3.3%, indicating a consistent but modest return for long-term leasing. Given the stable employment and economic growth trends in the Porto area, the investment remains stable, but not exceptionally lucrative. Short-term vacation rental With Porto's buoyant real estate driven by increased tourism, the apartment could serve as a short-term rental option, though the 3.3% gross yield suggests that competition might limit profitability. The apartment's condition rating of 78/100 and neighborhood score of 80/100 provide decent but not compelling arguments for this strategy. Buy-and-hold The property is fairly valued at €247,900 compared to the fair value of €266,883, suggesting minimal room for appreciation in the buy-and-hold strategy. While the apartment offers a stable investment in a growing market, the gap of merely 7.1% against the fair value indicates limited upside potential for long-term appreciation.
Economic Downturn Risk The property may face decreased demand if there is an economic downturn, as indicated by a relatively high Economic stability score of 80/100, but with Tenant stability at only 70/100, which suggests potential issues in retaining tenants during economic fluctuations.
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