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 house of 117 m², energy rating F. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. This property features unique rustic characteristics and two wells, providing both historical charm and valuable water access amid a spacious 3,300 m² plot with urbanization potential.
The valuation. The asking price of €292,000 is notably below the fair value of €421,367, presenting an opportunity with a gap of €129,367 (30.7%). Verdict: underpriced. Buy-to-flip angle. With its significant undervaluation, a buy-to-flip strategy can capitalize on renovating the property to enhance its appeal before resale. Targeted updates could yield a profitable return upon resale. Buy-to-let angle. Aiming for long-term rental, the estimated monthly income of €803 represents a gross yield of 3.3%, making it a stable investment in the suburban area near Porto while catering to family rental needs.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Foz do Sousa e Covelo · 5b8768 | Subject | €292,000 | €2,496 | — | — | 60 |
| Foz do Sousa e Covelo · 14400c | Active | €325,000 | €4,643 | 86.0% | 65 | 72 |
| 225cbf | Active | €320,000 | €2,560 | 2.6% | 72 | 69 |
| Gondomar (São Cosme), Valbom e Jovim · 6a9235 | Active | €420,000 | €2,530 | 1.4% | 70 | 68 |
| largo José Martins dos Santos, 22 | Active | €395,000 | €1,881 | 24.6% | 67 | 73 |
| Median comp | €360,000 | €2,545 | 2.0% | 69 | 71 |
Long-term rental This property is subvalorizada with a significant gap of 30.7% compared to its fair value of €421,367, making it an attractive option for long-term rental investors. With a gross yield of 3.3% in a suburban area near Porto, this house benefits from stable tenant demand in a residential neighborhood. Family rental With the property valued at €292,000, significantly lower than its fair value, it represents a compelling opportunity for family rental in a community-oriented area. Families will appreciate the residential characteristics, ensuring consistent occupancy and rental income. Buy-and-hold Acquiring this property at a price of €292,000 provides a strong buy-and-hold investment strategy given its 30.7% gap versus fair value of €421,367. The potential for appreciation in the long term makes it an excellent addition to any property portfolio. Not ideal for The property is not suitable for the luxury market, short-term vacation rental, or student housing, as its current condition (0/100) does not align with the expectations of higher-end clientele or transient tenants.
Economic Vulnerability The property faces economic risk due to a moderate economic stability score of 65/100, combined with a low tenant stability score of 55/100, indicating potential tenant turnover and income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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