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.
1-bedroom, 1-bathroom apartment of 95 m², energy rating C. Located on rua de Tardariz, 756, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This property features a generous pantry and a spacious laundry area with a sink, enhancing its functional appeal for storage and everyday tasks.
The valuation. The asking price of €249,000 sits €40,586 above the fair value of €208,414, indicating it is overpriced by 19.5%. This suggests potential difficulty in achieving favorable returns for investors if acquired at the current asking price.
Fair value modelled at €208,414 from 6 comparable sales in the area. Asking €249,000 sits €40,586 (19.5%) above — overpriced versus fair value.
Asking €249,000 versus the rua de Tardariz, 756 area baseline of €177,527 (€1,869/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €177,527, adjusted for condition and micro-location, gives a modelled fair value of €208,414 (€2,194/m²), a €40,586 (19.5%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Tardariz, 756 | Subject | €249,000 | €2,621 | — | 75 | 72 |
| rua Almada Negreiros | Active | €215,000 | €2,590 | 1.2% | 75 | 81 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 16.3% | 72 | 74 |
| Fânzeres e São Pedro da Cova · 6a919c | Active | €127,500 | €2,125 | 18.9% | 80 | 68 |
| rua dos Lagos, 96 | Active | €240,000 | €2,308 | 12.0% | 75 | 69 |
| Median comp | €227,500 | €2,251 | 14.1% | 75 | 72 |
Long-term rental The gross yield of 3.1% suggests that the investment may not provide significant ongoing cash flow, especially as the property is overpriced at a 19.5% gap from its fair value of €208,414. Additionally, while the location has average amenities and safety, the pricing does not align with the expected market returns for a sustainable long-term rental strategy. Buy-and-hold Given that this property is listed at €249,000, which is 19.5% above its fair value, the investment may yield disappointing returns over time as market appreciation may not cover the premium paid. The 79/100 condition rating is decent, but when combined with its overpriced listing, it raises concerns about potential future profitability in a buy-and-hold scenario. Value-add renovation Although value-add renovations can enhance property value, the current price of €249,000 indicates a 19.5% overvaluation compared to the fair value of €208,414, limiting immediate profitability potential. Investors must be cautious, as location and market conditions might not support the necessary increases in value to justify this investment above fair value. Not ideal for: Short-term vacation rental, Luxury market For short-term vacation rentals, the gross yield of 3.1% does not meet the necessary returns typically sought in this market segment, particularly given the overpriced nature of this listing. Furthermore, its urban location and average neighborhood amenities do not align with the expectations of luxury market properties, further diminishing its appeal for these strategies.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of turnover, which could impact rental income stability and lead to increased vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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