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 174 m², built in 1981, energy rating D. Located on rua do Outeiro, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The property offers a substantial garden area of 304 m² and versatile annexes exceeding 90 m², presenting ample opportunities for customization and outdoor activities.
The valuation. The asking price of €499,000 is significantly above the estimated fair value of €386,099, resulting in an overprice of €112,901 (29.2%). This discrepancy suggests a misalignment with market expectations. Buy-to-flip angle. A buy-to-flip strategy would focus on cosmetic renovations to improve the property’s appeal, particularly enhancing the kitchen and bathroom fixtures, potentially aiming for a resale price closer to market norms. Buy-to-let angle. With an estimated monthly rental income of €1,289, the property would yield a gross yield of 3.1%, making it viable for long-term rental within the suburban family market of Gondomar.
Fair value modelled at €386,099 from 4 comparable sales in the area. Asking €499,000 sits €112,901 (29.2%) above — overpriced versus fair value.
Asking €499,000 versus the rua do Outeiro area baseline of €411,180 (€2,363/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 51/100 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 €411,180, adjusted for condition and micro-location, gives a modelled fair value of €386,099 (€2,219/m²), a €112,901 (29.2%) gap versus the €499,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Outeiro | Subject | €499,000 | €2,868 | — | 55 | 70 |
| Fânzeres e São Pedro da Cova · 1906a6 | Active | €5,500,000 | €12,061 | 320.6% | — | 75 |
| Gondomar (São Cosme), Valbom e Jovim · 6a914f | Active | €347,000 | €2,444 | 14.8% | 72 | 82 |
| Gondomar (São Cosme), Valbom e Jovim · 467e9b | Active | €347,000 | €1,994 | 30.5% | — | 70 |
| Gondomar (São Cosme), Valbom e Jovim · 9371dd | Active | €297,500 | €1,626 | 43.3% | 60 | 68 |
| Median comp | €347,000 | €2,219 | 22.6% | 66 | 73 |
Long-term rental The property, priced at €499,000, is significantly overpriced compared to its fair value of €386,099, indicating a 29.2% gap. With a gross yield of only 3.1% and subpar condition, this investment is unlikely to deliver adequate returns in a competitive rental market. Family rental This property is set in a suburban area with good amenities, but its asking price of €499,000 does not align with its fair market value of €386,099, revealing a 29.2% premium. The relatively moderate yield of 3.1% suggests that families seeking rental homes may find better options without such a steep price tag. Buy-and-hold Investing in this property for a buy-and-hold strategy appears problematic, as it is currently overpriced at €499,000 in contrast to the fair valuation of €386,099, which is 29.2% lower. Given the low condition score of 51 out of 100, potential appreciation may not justify the elevated entry cost for long-term holding.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of higher tenant turnover, which might lead to increased vacancy rates and associated costs.
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