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.
3-bedroom, 3-bathroom house of 308 m². Located Melres e Medas parish, Gondomar municipality, Porto district. This property features an attic conversion for additional living space and is conveniently located just 5 minutes from the A42 highway.
The valuation. The asking price of €380,000 is significantly below its fair value of €484,967, positioning it as an underpriced property with a difference of €104,967 (21.6%). This presents an attractive opportunity for discerning investors.
Fair value modelled at €484,967 from 6 comparable sales in the area. Asking €380,000 sits €104,967 (21.6%) below — the upside to fair value.
Asking €380,000 versus the Melres e Medas, Gondomar, Porto area baseline of €364,529 (€1,184/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €364,529, adjusted for condition and micro-location, gives a modelled fair value of €484,967 (€1,575/m²), a €104,967 (21.6%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Melres e Medas · 0c0570 | Subject | €380,000 | €1,234 | — | 74 | 70 |
| Sandim, Olival, Lever e Crestuma · 6a94b8 | Active | €350,000 | €2,244 | 81.8% | — | 67 |
| rua de Canas, 215 | Active | €450,000 | €472 | 61.8% | 68 | 63 |
| rua Telefones | Active | €213,000 | €1,790 | 45.1% | — | 67 |
| Lomba · 1339f4 | Active | €140,000 | €1,359 | 10.2% | 62 | 62 |
| Median comp | €281,500 | €1,575 | 27.6% | 65 | 65 |
Long-term rental The property in Melres e Medas presents an opportunity for long-term rental investments with a fair value significantly above the listing price, indicating its potential to attract stable tenants. The solid condition rating of 77 out of 100 further supports this strategy, suggesting manageable upkeep and appealing living conditions for renters. Buy-and-hold Investing in this property as a buy-and-hold asset aligns with its current underpriced status, providing a strong foundation for capital appreciation over time. With the proximity to Porto and a fair value that exceeds the listing price, the potential for value growth is promising in a thriving suburban environment. Family rental This house is well-positioned for family rental markets, given its size, good condition, and favorable neighborhood ratings. The property being underpriced relative to its fair value enhances its attractiveness for families seeking quality housing in a safe and amenity-rich area, making it a compelling option for landlords aiming for long-term tenants.
Economic Vulnerability The economic stability score of 70/100 suggests a moderate level of vulnerability to economic downturns that could impact rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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