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 81 m², built in 1984. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a modern kitchen with high-quality fixtures and a balcony that offers views of the surrounding area, enhancing both aesthetics and functionality.
The valuation. The asking price of €210,000 is above the fair value of €193,984 by €16,016, or 8.3%. This property is priced fairly yet carries a small premium over its assessed value.
Fair value modelled at €193,984 from 6 comparable sales in the area. Asking €210,000 sits €16,016 (8.3%) above — overpriced versus fair value.
Asking €210,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €184,510 (€2,278/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €184,510, adjusted for condition and micro-location, gives a modelled fair value of €193,984 (€2,395/m²), a €16,016 (8.3%) gap versus the €210,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · ee8915 | Subject | €210,000 | €2,593 | — | 68 | 72 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 31.1% | 70 | 76 |
| Rio Tinto · a8055c | Active | €250,000 | €2,500 | 3.6% | 66 | 65 |
| Rio Tinto · 8341f3 | Active | €300,000 | €2,941 | 13.4% | 70 | 66 |
| Rio Tinto · 831848 | Active | €250,000 | €2,500 | 3.6% | — | 71 |
| Median comp | €250,000 | €2,500 | 3.6% | 70 | 69 |
Long-term rental The property offers a gross yield of 5%, which is a solid return given the current market conditions. With a fair value of €193,984, the €210,000 asking price indicates the potential for consistent cash flow, but investors should be cautious of the upward pricing trend. Family rental The suburban location of the apartment suggests a safe and family-friendly environment, appealing to long-term tenants. While the neighborhood scores reasonably well at 72/100, the property is priced at €210,000, reflecting a fair valuation that may limit immediate investment upside. Buy-and-hold Investing in this 2-bed apartment aligns with a buy-and-hold strategy, given its steady demand and proximity to Porto's economic activity. However, with the property priced at €210,000, which is fairly aligned with its €193,984 fair value, any appreciation will likely be gradual rather than explosive.
Economic Vulnerability The current economic stability score of 70/100 indicates a potential risk of downturns in local economic conditions that may affect rental income. Tenant Instability With a tenant stability score of 75/100, there is still a notable risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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