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 75 m², energy rating D. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment offers a rare combination of balcony space and dedicated parking, enhancing its appeal for both personal use and investment potential in a sought-after area. Condition Notes: While well-maintained, the property would benefit from modern finishes to maximize its functionality. Proximity to Amenities: Located near local shops and transport options, ensuring convenience for daily living.
The valuation. The asking price of €190,000 is €19,465 (11.4%) above the fair value of €170,535, indicating that the property is overpriced. This disparity suggests a careful reconsideration of the investment potential. Buy-to-flip angle. The strategy for resale focuses on updating the average materials and furnishings to enhance appeal, leveraging the location's proximity to Porto to attract buyers seeking modern aesthetics. A targeted renovation could significantly improve resale value. Buy-to-let angle. With an estimated gross yield of 3% (~€475/month), the rental income strategy targets long-term tenants and families, capitalizing on the appealing suburban setting and urban amenities to maintain consistent occupancy rates.
Fair value modelled at €170,535 from 6 comparable sales in the area. Asking €190,000 sits €19,465 (11.4%) above — overpriced versus fair value.
Asking €190,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €169,437 (€2,259/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 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 €169,437, adjusted for condition and micro-location, gives a modelled fair value of €170,535 (€2,274/m²), a €19,465 (11.4%) gap versus the €190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 2fcbb3 | Subject | €190,000 | €2,533 | — | 60 | 77 |
| Fânzeres e São Pedro da Cova · e40b21 | Active | €120,000 | €2,034 | 19.7% | 72 | 77 |
| rua Actriz Ivone Silva | Active | €315,000 | €2,143 | 15.4% | 64 | 73 |
| rua da Cal | Active | €223,000 | €2,753 | 8.7% | 70 | 75 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 11.5% | 64 | 67 |
| Median comp | €236,000 | €2,193 | 13.4% | 67 | 74 |
Long-term rental Given the current price of €190,000, the long-term rental strategy is not advisable, as the property is overpriced by 11.4% compared to its fair value of €170,535. With a gross yield of only 3%, this option is unlikely to provide satisfactory returns for investors. Family rental This property, priced at €190,000, is not suitable for family rental, as it is overpriced relative to the fair market value of €170,535. The 3% gross yield indicates a lower potential income return, making it less attractive for families seeking rentals in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy is not recommended since it is priced at €190,000, which represents an 11.4% gap above fair value. The projected gross yield of 3% does not compensate for the potential appreciation gap in the long-term outlook.
Economic downturn risk A potential economic downturn could threaten the investment, as an economic stability score of 80/100 indicates a moderate risk, while the tenant stability score of 75/100 suggests possible fluctuations in tenant demand during downturns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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