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, 0-bathroom apartment of 81 m², energy rating B. Located on rua Vasco da Gama, 292, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This modern 1+1 apartment features a legalized conversion from commercial space, maximizing functionality with an integrated open-plan living area and efficient use of natural light.
The valuation. The asking price of €215,000 is positioned above the fair value of €193,922 by €21,078 (10.9%). The property is thus considered to be priced at fair value.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Vasco da Gama, 292 | Subject | €215,000 | €2,654 | — | — | 74 |
| Baguim do Monte (Rio Tinto) · 99f0dc | Active | €225,000 | €2,344 | 11.7% | 65 | 71 |
| Rio Tinto · 6fba14 | Active | €159,000 | €2,120 | 20.1% | 50 | 73 |
| Fânzeres e São Pedro da Cova · e40af1 | Active | €155,000 | €1,490 | 43.9% | 72 | 72 |
| praceta Henrique Santana, 110 | Active | €220,000 | €2,444 | 7.9% | 50 | 71 |
| Median comp | €189,500 | €2,232 | 15.9% | 58 | 72 |
Long-term rental The 1-bed apartment in Fânzeres e São Pedro da Cova presents a fair investment opportunity with a fair value of €193,922 against the listing price of €215,000, indicating a manageable gap of 10.9%. With a gross yield of 3.1%, this property is suitable for long-term rentals in a stable suburban residential setting. Family rental Given the decent neighbourhood rating of 74/100 and the property's spacious 81m² layout, this apartment could attract families looking for a long-term residence despite its current pricing scenario. The fair market valuation signals potential for steady occupancy with a satisfactory rental yield in a family-oriented area. Buy-and-hold As a buy-and-hold investment, this property is positioned fairly in the market with a gross yield of 3.1% and a valuation gap of 10.9%, suggesting that while it is not a bargain, it could appreciate over time in the Greater Porto metropolitan area. The stable tenant quality and proximity to amenities support long-term investment strategies, making it a reasonable addition to a diversified portfolio.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 75/100, there is a moderate risk that fluctuations in the local economy could impact rental income and occupancy rates, potentially leading to reduced cash flow.
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