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 77 m², energy rating E. Located on rua dos Malmequeres, 348, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment is situated on the ground floor for easy access and includes an independent laundry area, enhancing daily convenience.
The valuation. The asking price of €230,000 represents a 6.7% premium over the fair value of €215,510. While it is not a steal, it is aligned reasonably well with the estimated worth of the property.
Fair value modelled at €215,510 from 6 comparable sales in the area. Asking €230,000 sits €14,490 (6.7%) above — overpriced versus fair value.
Asking €230,000 versus the rua dos Malmequeres, 348 area baseline of €185,508 (€2,409/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 is above the parish average, lifting 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 €185,508, adjusted for condition and micro-location, gives a modelled fair value of €215,510 (€2,799/m²), a €14,490 (6.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua dos Malmequeres, 348 | Subject | €230,000 | €2,987 | — | 82 | 68 |
| avenida Novo Rumo | Active | €270,000 | €2,842 | 4.9% | 76 | 71 |
| travessa Maria Luisa Almeida Matos, 80 | Active | €235,000 | €2,938 | 1.7% | 80 | 65 |
| rua António Rodrigues do Vale | Active | €215,000 | €3,116 | 4.3% | 72 | 69 |
| Fânzeres e São Pedro da Cova · 28bb9a | Active | €259,000 | €2,443 | 18.2% | 72 | 74 |
| Median comp | €247,000 | €2,890 | 3.2% | 74 | 70 |
Long-term rental The 1-bed apartment in Fânzeres e São Pedro da Cova presents a fair investment opportunity with a 6.7% gap to fair value, which suggests stable pricing in a generally safe urban area in Greater Porto. However, with a gross yield of 0%, the long-term rental potential may be limited, making it less attractive for investors seeking rental income. Value-add renovation While the property is in decent condition with a score of 82/100, any value-add renovation efforts could enhance both the tenant quality and rental appeal in this stable neighborhood. Given the fair valuation, the potential returns on renovation investments may not be as significant as anticipated, highlighting the importance of careful cost management. Family rental This apartment, located in a family-friendly urban area, could suit tenants seeking long-term accommodations, particularly those who value stability and amenities. Nonetheless, the fair valuation signals that prospective investors should not expect significant price appreciation or high rental yields in the near future.
Economic Dependence Risk The economic stability score of 75 suggests moderate resilience, but with a tenant stability score of only 65, the risk of potential income volatility from tenant turnover is significant.
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