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.
4-bedroom, 2-bathroom house of 153 m², built in 1964, energy rating F. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a terrace perfect for entertaining and showcases unique vintage tile work in the kitchen, adding character to the living space.
The valuation. The asking price of €320,000 is significantly above the fair value of €245,192, representing an overvaluation of €74,808 (30.5%). This suggests the property is overpriced in the current market conditions. Buy-to-flip angle. A potential resale strategy could involve enhancing the property’s appeal through targeted renovations, aiming for a higher resale price in a transitional urban area. This could attract buyers seeking modern family homes. Buy-to-let angle. The estimated rental income of €1,493 per month results in a gross yield of 5.6%, making it a viable option for long-term family rentals in a suburban area near Porto's influence.
Fair value modelled at €245,192 from 6 comparable sales in the area. Asking €320,000 sits €74,808 (30.5%) above — overpriced versus fair value.
Asking €320,000 versus the Foz do Sousa e Covelo, Gondomar, Porto area baseline of €270,848 (€1,770/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €270,848, adjusted for condition and micro-location, gives a modelled fair value of €245,192 (€1,603/m²), a €74,808 (30.5%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · 831453 | Subject | €320,000 | €2,092 | — | 58 | 66 |
| travessa Alheira d'Aquém, 434 | Active | €330,000 | €1,331 | 36.4% | 52 | 73 |
| rua Central do Olival | Active | €375,000 | €1,603 | 23.4% | 53 | 67 |
| rua Central do Olival | Active | €375,000 | €1,603 | 23.4% | 55 | 71 |
| Pedroso e Seixezelo · 82c68b | Active | €319,900 | €1,081 | 48.3% | 73 | 69 |
| Median comp | €352,500 | €1,467 | 29.9% | 54 | 70 |
Long-term rental The property at €320,000 shows a gap of 30.5% from its fair value of €245,192, indicating it is overpriced. With a gross yield of 5.6%, this investment may not deliver the expected returns compared to its market value. Family rental Given the current listing price of €320,000, which exceeds its fair value by 30.5%, the investment is overpriced. Although the property could attract family tenants, the high asking price may limit its appeal in a competitive suburban market. Buy-and-hold With a listing price significantly above its fair value at €320,000, the property is overpriced by 30.5%. The projected gross yield of 5.6% does not sufficiently compensate for the inflated purchase price, making it a less favorable buy-and-hold investment.
Economic Vulnerability With both economic and tenant stability scores at 60/100, there is a heightened risk of income fluctuations that could affect profitability and long-term viability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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