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.
2-bedroom, 2-bathroom apartment of 118 m² on the 1st floor, built in 2001, energy rating C. Located on rua Alminhas da Estivada, 37, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a spacious balcony perfect for outdoor relaxation, and its location offers convenient access to nearby public transport and local amenities. Valuation Verdict: Fair.
The valuation. The asking price of €269,000 is €13,386 (5.2%) above the fair value of €255,614. This property is considered to be priced fairly, offering reasonable potential for investment.
Fair value modelled at €255,614 from 6 comparable sales in the area. Asking €269,000 sits €13,386 (5.2%) above — overpriced versus fair value.
Asking €269,000 versus the rua Alminhas da Estivada, 37 area baseline of €245,643 (€2,082/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €245,643, adjusted for condition and micro-location, gives a modelled fair value of €255,614 (€2,166/m²), a €13,386 (5.2%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alminhas da Estivada, 37 | Subject | €269,000 | €2,280 | — | 68 | 81 |
| rua Ricardo Severo, 45 | Active | €330,000 | €2,374 | 4.1% | 70 | 66 |
| avenida da Conduta | Active | €340,000 | €2,194 | 3.8% | 72 | 72 |
| Fânzeres e São Pedro da Cova · e40aad | Active | €159,000 | €1,314 | 42.4% | 70 | 74 |
| Fânzeres e São Pedro da Cova · e40ad1 | Active | €149,000 | €1,252 | 45.1% | 60 | 72 |
| Median comp | €244,500 | €1,754 | 23.1% | 70 | 72 |
Long-term rental The 2-bed apartment in Fânzeres e São Pedro da Cova offers a gross yield of 4.2%, indicating an acceptable return for a long-term rental strategy. Given the neighborhood's strong score of 81/100, tenant quality is likely to be high, supporting stable rental income. Buy-and-hold This property presents a reasonable investment opportunity for a buy-and-hold strategy due to its fair value position at €269,000 compared to €255,614. With proximity to Porto city center and economic diversity, the potential for appreciation in property value seems promising over time. Short-term vacation rental The current listing price of €269,000 leaves little room for profitability in a short-term vacation rental strategy, while the fair value suggests the property is adequately priced. However, the location's appeal and favorable neighborhood ratings could still attract transient renters willing to pay a premium for a well-situated apartment.
Tenant turnover risk High tenant turnover could occur due to a tenant stability score of 75/100, indicating potential challenges in retaining tenants consistently.
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