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 114 m², built in 1983, energy rating E. Located on avenida da Carvalha, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a closed garage (box) for secure parking and storage, and offers excellent sun exposure from two fronts, enhancing energy efficiency throughout the day.
The valuation. The asking price of €280,000 is €41,044 (17.2%) above the fair value of €238,956. This property is overpriced, which could limit potential returns for investors seeking immediate equity.
Fair value modelled at €238,956 from 6 comparable sales in the area. Asking €280,000 sits €41,044 (17.2%) above — overpriced versus fair value.
Asking €280,000 versus the avenida da Carvalha area baseline of €227,858 (€1,999/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 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 €227,858, adjusted for condition and micro-location, gives a modelled fair value of €238,956 (€2,096/m²), a €41,044 (17.2%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da Carvalha | Subject | €280,000 | €2,456 | — | 62 | 72 |
| rua David Tomé Moutinho, 9 | Active | €265,000 | €2,345 | 4.5% | — | 71 |
| Gondomar (São Cosme), Valbom e Jovim · 375044 | Active | €269,000 | €2,587 | 5.3% | — | 82 |
| Fânzeres e São Pedro da Cova · 6ebadf | Active | €360,000 | €2,011 | 18.1% | 65 | 72 |
| Baguim do Monte (Rio Tinto) · 0017d3 | Active | €253,000 | €2,181 | 11.2% | 70 | 74 |
| Median comp | €267,000 | €2,263 | 7.9% | 68 | 73 |
Long-term rental Given the 17.2% gap from the fair value of €238,956, the property is not positioned to deliver an attractive return on investment for long-term rental. With a gross yield of only 3.9% and a modest neighborhood score of 72/100, this option appears financially disadvantageous. Family rental While the area may appeal to families due to the suburban setting and overall safety, the apartment's price of €280,000 exceeds its fair value, indicating a lack of financial appeal for family rental investment. The neighborhood score suggests that while it's decent, the premium price dilutes potential returns in this sector. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield the expected gains due to its overpriced nature, with a valuation well above the fair market estimate. The condition score of 64/100 further complicates the attractiveness of holding this property long-term, as the future appreciation potential is uncertain and appears limited.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and rental income instability.
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