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 142 m² on the 1st floor, energy rating B. Located on rua Sérgio Vieira de Melo, 39, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment benefits from a prime location within the Judicial Employees Cooperative, featuring an unobstructed view of the well-maintained garden, enhancing its tranquil living environment.
The valuation. The asking price of €350,000 is €12,692 (3.5%) below fair value, which is set at €362,692. This property is fairly priced in relation to its market value.
Fair value modelled at €362,692 from 6 comparable sales in the area. Asking €350,000 sits €12,692 (3.5%) below — the upside to fair value.
Asking €350,000 versus the rua Sérgio Vieira de Melo, 39 area baseline of €294,712 (€2,075/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €294,712, adjusted for condition and micro-location, gives a modelled fair value of €362,692 (€2,554/m²), a €12,692 (3.5%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Sérgio Vieira de Melo, 39 | Subject | €350,000 | €2,465 | — | 72 | 78 |
| rua Afonso de Paiva | Active | €349,000 | €2,181 | 11.5% | 76 | 65 |
| Gondomar (São Cosme), Valbom e Jovim · 99f21f | Active | €258,000 | €2,411 | 2.2% | 72 | 72 |
| Gondomar (São Cosme), Valbom e Jovim · 1f3424 | Active | €285,000 | €2,714 | 10.1% | 70 | 73 |
| avenida Doutor Mário Soares, 612 | Active | €374,900 | €2,697 | 9.4% | 80 | 80 |
| Median comp | €317,000 | €2,554 | 3.6% | 74 | 73 |
Long-term rental The property is positioned to generate a steady rental income with a gross yield of 3.2%, aligning with the fair market value of €350,000. Its decent condition rating of 76/100 suggests it would appeal to long-term tenants seeking a comfortable home in a moderately desirable area. Short-term vacation rental With its proximity to Porto's amenities and a fair market valuation, this property may attract tourists, although the yield of 3.2% indicates that profitability in this market may be limited. The regional economic stability adds a layer of reliability, making it a reasonable investment, albeit not the most lucrative. Buy-and-hold Considering its fair value and stable neighborhood ratings, this property could serve as a stable asset in a long-term investment strategy, although it lacks significant appreciation potential at current market conditions. The 3.5% gap from fair value reinforces the idea that while the property is solid, it does not present significant upside for immediate capital growth in the buy-and-hold context.
Tenant turnover risk Tenant stability is at 75/100, suggesting a moderate risk of tenant turnover which could affect cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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