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, 2-bathroom apartment of 92 m² on the 4th floor, built in 1994, energy rating C. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy features: The apartment features a spacious balcony that enhances natural light and outdoor living, along with a dedicated storage room for additional space management.
The valuation. The asking price of €179,000 sits €38,909 (17.9%) below the fair value of €217,909, indicating that the property is underpriced. This presents an attractive opportunity for investment without the concern of overvaluation.
Fair value modelled at €217,909 from 6 comparable sales in the area. Asking €179,000 sits €38,909 (17.9%) below — the upside to fair value.
Asking €179,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €221,982 (€2,413/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 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 €221,982, adjusted for condition and micro-location, gives a modelled fair value of €217,909 (€2,369/m²), a €38,909 (17.9%) gap versus the €179,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 0c065c | Subject | €179,000 | €1,946 | — | 65 | 71 |
| rua D. António Ribeiro | Active | €279,500 | €2,430 | 24.9% | 56 | 72 |
| estrada Nova | Active | €279,000 | €2,447 | 25.8% | 70 | 73 |
| rua São Francisco Xavier | Active | €285,000 | €2,436 | 25.2% | 65 | 72 |
| avenida Doutor Fernando Melo, 281 | Active | €235,000 | €1,975 | 1.5% | 65 | 73 |
| Median comp | €279,250 | €2,433 | 25.0% | 65 | 73 |
Long-term rental The 3-bed apartment in Fânzeres e São Pedro da Cova presents a strong opportunity for long-term rental given its gross yield of 7.3%, significantly appealing amidst the growing demand for suburban housing. The property is currently listed at €179,000, which is 17.9% below the fair value of €217,909, indicating potential for attractive returns over time. Family rental With a spacious 92m² layout and a neighborhood score of 71/100, this apartment is ideally suited for family rentals, which typically seek larger living spaces in suburban areas. The combination of its favorable pricing at €179,000 and the nearby amenities enhances its attractiveness to families looking for stable housing options. Buy-and-hold The property’s fair value gap of 17.9% makes it an enticing buy-and-hold investment for capital appreciation in a market that promises steady growth. Holding this apartment allows investors to benefit from the ongoing suburban migration as people seek more affordable living while remaining accessible to Porto’s amenities.
Potential Economic Downturn The property may face challenges if economic conditions worsen, given that both the economic and tenant stability scores are at 75/100, indicating moderate risk exposure to fluctuations in the market.
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