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 81 m², energy rating D. Located on rua da Cal, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Unique feature: This apartment includes a sunroom that enhances natural light and provides a versatile space for relaxation or additional living area.
The valuation. The asking price of €223,000 is significantly above the fair value of €190,421, reflecting an overpricing of €32,579 (17.1%). Given the market conditions, this property cannot be considered a financially sound investment. Buy-to-flip angle. A buy-to-flip strategy would rely on enhancing the property’s appeal with modern upgrades, aiming for a resale that would cover renovation costs and yield a profit within a short timeframe. Timing the market is crucial to capitalize on potential appreciation. Buy-to-let angle. With an estimated gross yield of 3.4% translating to around €632 per month, the rental income strategy focuses on long-term tenants, particularly families seeking stable housing in this area of Greater Porto. The location’s mixed neighborhood dynamics can also attract steady demand.
Fair value modelled at €190,421 from 6 comparable sales in the area. Asking €223,000 sits €32,579 (17.1%) above — overpriced versus fair value.
Asking €223,000 versus the rua da Cal area baseline of €179,769 (€2,219/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €179,769, adjusted for condition and micro-location, gives a modelled fair value of €190,421 (€2,351/m²), a €32,579 (17.1%) gap versus the €223,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Cal | Subject | €223,000 | €2,753 | — | 70 | 75 |
| Fânzeres e São Pedro da Cova · e40b21 | Active | €120,000 | €2,034 | 26.1% | 72 | 77 |
| rua Mestre Joaquim Pereira Ramos, 254 | Active | €235,000 | €2,701 | 1.9% | 74 | 70 |
| travessa Chão Verde | Active | €285,000 | €2,591 | 5.9% | 70 | 69 |
| travessa Adelino Amaro da Costa | Active | €239,500 | €1,947 | 29.3% | 70 | 79 |
| Median comp | €237,250 | €2,313 | 16.0% | 71 | 74 |
Long-term rental The 1-bed apartment in Fânzeres e São Pedro da Cova presents a gross yield of 3.4%, indicating a less attractive return compared to expectations. With a listing price of €223,000, the property is overpriced, diverging significantly from the fair value of €190,421. Buy-and-hold The apartment’s fair value gap of 17.1% suggests that potential appreciation will be slow and may not align with greater market trends in the area. Given its current price of €223,000, it is overpriced and unlikely to provide sufficient long-term gains to justify the entry cost. Family rental Targeting families in the area might yield a stable tenant base, yet the rental yield of 3.4% reflects limited profitability. Priced at €223,000, this property falls into the overpriced category, overshadowing its appeal as a family rental investment.
Economic downturn risk With an economic stability score of 80/100, there's a potential risk that any significant economic downturn could adversely affect tenant stability, represented by a score of 70/100, leading to increased vacancy rates and decreased rental income.
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