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, 1-bathroom apartment of 83 m², built in 2003, energy rating D. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a spacious terrace accessed from both the living room and kitchen, providing an excellent space for outdoor dining and relaxation. Quality Finishes: The interior showcases high-quality finishes and modern appliances, contributing to a luxurious living environment.
The valuation. The asking price of €289,000 sits €73,485 (34.1%) above the fair value of €215,515, indicating an overpriced property. This discrepancy suggests a significant gap between market expectations and intrinsic worth.
Fair value modelled at €215,515 from 6 comparable sales in the area. Asking €289,000 sits €73,485 (34.1%) above — overpriced versus fair value.
Asking €289,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €196,060 (€2,362/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €196,060, adjusted for condition and micro-location, gives a modelled fair value of €215,515 (€2,597/m²), a €73,485 (34.1%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 5e64af | Subject | €289,000 | €3,482 | — | 74 | 64 |
| Fânzeres e São Pedro da Cova · 28bb9a | Active | €259,000 | €2,443 | 29.8% | 72 | 74 |
| Baguim do Monte (Rio Tinto) · 2620bf | Active | €265,000 | €3,272 | 6.0% | 74 | 63 |
| Fânzeres e São Pedro da Cova · b328a9 | Active | €275,000 | €2,523 | 27.5% | 68 | 71 |
| rua Guiné | Active | €259,000 | €2,910 | 16.4% | 70 | 76 |
| Median comp | €262,000 | €2,717 | 22.0% | 71 | 73 |
Long-term rental The property in Fânzeres e São Pedro da Cova is overpriced at €289,000, significantly exceeding its fair value of €215,515, resulting in a 34.1% gap. With a gross yield of only 3.2% and a neighbourhood rating of 64/100, it would be challenging to attract long-term tenants in a suburban setting. Buy-and-hold While holding potential for appreciation, the property is currently priced at €289,000, far above its fair value of €215,515, indicating a 34.1% excess. Given the gross yield of 3.2% and the neighbourhood rating of 64/100, investors may find it difficult to justify the buy-and-hold strategy with such an expensive entry point. Family rental The price of €289,000 for this 2-bed apartment exceeds its fair value of €215,515 by 34.1%, making it an overpriced investment for family rental purposes. With a modest gross yield of 3.2% and a neighbourhood rating of 64/100, attracting families may be constrained by the high asking price and average amenities.
Economic Vulnerability With an economic stability score of 70/100, there is a moderate risk of economic downturns impacting property value and rental income.
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