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 apartment of 124 m² on the 4th floor, built in 1987, energy rating E. Located on rua São Tiago, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy features: The apartment boasts three front exposures, enhancing natural light throughout the day, and includes a pantry and separate laundry area for added convenience.
The valuation. The asking price of €275,000 is slightly above the fair value of €265,616, exceeding it by €9,384 (3.5%). This positions the property fairly in the current market. Buy-to-flip angle. With a focus on renovation, the buy-to-flip strategy aims to increase the property's value through improvements, targeting resale at a higher price point within the Greater Porto area. Buy-to-let angle. The estimated rental income of €802/month provides a gross yield of 3.5%, aligning well with a long-term rental strategy, catering to families seeking housing in a suburban setting close to Porto.
Fair value modelled at €265,616 from 4 comparable sales in the area. Asking €275,000 sits €9,384 (3.5%) above — overpriced versus fair value.
Asking €275,000 versus the rua São Tiago area baseline of €226,661 (€1,828/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 €226,661, adjusted for condition and micro-location, gives a modelled fair value of €265,616 (€2,142/m²), a €9,384 (3.5%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Tiago | Subject | €275,000 | €2,218 | — | 74 | 73 |
| Gondomar (São Cosme), Valbom e Jovim · ab70b1 | Active | €269,000 | €2,102 | 5.2% | 67 | 72 |
| Rio Tinto · 15e34b | Active | €340,000 | €2,194 | 1.1% | 72 | 76 |
| rua Doutor João Alves do Vale | Active | €288,900 | €2,124 | 4.2% | 73 | 74 |
| Fânzeres e São Pedro da Cova · 0dcd3a | Active | €317,500 | €2,160 | 2.6% | 72 | 72 |
| Median comp | €303,200 | €2,142 | 3.4% | 72 | 73 |
Long-term rental The property at €275,000 offers a gross yield of 3.5%, which aligns with the fair market conditions for long-term rental investments in the Greater Porto area. With a neighbourhood rating of 73/100, potential tenants can expect a satisfactory living experience, balancing rental demand with reasonable pricing. Family rental This apartment is suitable for family rentals due to its size of 124m² and good condition rating of 78/100, making it a functional living space. The investment's alignment with the fair value of €265,616 ensures that the property remains relatively attractive to families seeking long-term accommodation in the suburban setting of Gondomar. Value-add renovation The property presents a value-add opportunity, as the current condition rating of 78/100 indicates potential for upgrades that could enhance tenant appeal and rental income. However, given its fair value standing, the scope for substantial appreciation through renovation might be limited, suggesting careful consideration for the extent of any improvement plans.
Economic and Tenant Instability The property carries a risk due to a combined economic and tenant stability score of 70 out of 100, indicating potential volatility in income and occupancy levels.
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