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.
4-bedroom, 3-bathroom apartment of 202 m² on the 3rd floor, built in 1998, energy rating B. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This apartment features a heat recovery system in the living room, enhancing energy efficiency while maintaining a comfortable indoor climate.
The valuation. The asking price of €408,000 exceeds the fair value of €377,337 by €30,663 (8.1%). The valuation is reasonably aligned, indicating the property is priced at fair value.
Fair value modelled at €377,337 from 6 comparable sales in the area. Asking €408,000 sits €30,663 (8.1%) above — overpriced versus fair value.
Asking €408,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €303,542 (€1,503/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 €303,542, adjusted for condition and micro-location, gives a modelled fair value of €377,337 (€1,868/m²), a €30,663 (8.1%) gap versus the €408,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 0c05b8 | Subject | €408,000 | €2,020 | — | 75 | 74 |
| Fânzeres e São Pedro da Cova · b32aac | Active | €380,000 | €1,854 | 8.2% | 74 | 66 |
| rua Carvalhinho, 342 | Active | €307,000 | €1,795 | 11.1% | 78 | 69 |
| rua Almada Negreiros, 121 | Active | €298,000 | €1,393 | 31.1% | 70 | 72 |
| rua Afonso de Paiva | Active | €349,000 | €2,181 | 8.0% | 76 | 65 |
| Median comp | €328,000 | €1,825 | 9.7% | 75 | 68 |
Long-term rental The property is currently priced at €408,000, which is 8.1% above its fair value of €377,337, indicating it is fairly valued for long-term rental strategies. Given the high housing demand and moderate crime levels in the region, this apartment could attract reliable long-term tenants despite the lack of rental yield. Student housing Although the property is priced at €408,000, which exceeds its fair value of €377,337, it remains a viable option for student housing due to the urban location and economic opportunities. The nearness to Porto further enhances its appeal to students looking for convenient accommodation, but the investment should be approached with caution due to the lack of immediate yield. Buy-and-hold At €408,000, the apartment is positioned above its fair value of €377,337, signaling a fair market price that could make buy-and-hold strategies less attractive. However, the strong economic diversity and demand in the area offer potential for capital appreciation over time, offsetting the current pricing premium.
Potential tenant turnover risk With a tenant stability score of 75/100, there is a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
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