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, 2-bathroom apartment of 100 m² on the 1st floor, energy rating C. Located on rua Vasco da Gama, 15, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a spacious terrace ideal for outdoor relaxation and is located within a gated community, enhancing security and privacy for residents.
The valuation. The asking price of €280,000 is €27,000 above the fair value of €253,000, indicating that the property is overpriced by approximately 10.7%.
Fair value modelled at €253,000 from 6 comparable sales in the area. Asking €280,000 sits €27,000 (10.7%) above — overpriced versus fair value.
Asking €280,000 versus the rua Vasco da Gama, 15 area baseline of €246,718 (€2,467/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €246,718, adjusted for condition and micro-location, gives a modelled fair value of €253,000 (€2,530/m²), a €27,000 (10.7%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 15 | Subject | €280,000 | €2,800 | — | 68 | 72 |
| travessa Doutor Oliveira Lobo, 306 | Active | €490,000 | €3,769 | 34.6% | — | 73 |
| travessa Ferraria | Active | €259,500 | €3,244 | 15.8% | 64 | 73 |
| rua Doutor Armando José Pereira Tavares | Active | €280,000 | €2,240 | 20.0% | 68 | 70 |
| rua Santa Joana, 20 | Active | €254,800 | €2,474 | 11.7% | 68 | 62 |
| Median comp | €269,750 | €2,859 | 2.1% | 68 | 72 |
Long-term rental The property’s monthly gross yield of 3.2% suggests limited upside potential in a market that is currently overpriced, with a fair value estimated at €253,000. Investors may find it difficult to justify the €280,000 listing price given the local rental market dynamics and tenant quality ratings. Buy-and-hold Acquiring this property for a long-term hold strategy is not advisable as the current listing exceeds its fair value by 10.7%, indicating that capital appreciation may be stunted in the foreseeable future. With a condition rating of 65/100, additional capital may be needed to enhance its appeal in the holding period. Family rental Targeting families as tenants could be challenging given the property’s current valuation of €280,000, which is above its fair market value. Although the suburban location provides decent access to Porto's infrastructure, the high acquisition cost may hinder profitability in the family rental segment.
Economic Dependence Risk The property's performance may be vulnerable due to its high economic stability score of 80 versus a comparatively low tenant stability score of 70, indicating potential fluctuations in rental income.
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