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, 1-bathroom apartment of 100 m², built in 2005, energy rating C. Located on rua do Castanhal, 330, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a sunroom that enhances natural light and a large balcony perfect for outdoor leisure, both integral to its inviting atmosphere.
The valuation. The listing price of €239,900 exceeds the fair value of €224,135 by €15,765 (7.0%). This property is considered fairly priced, providing a balanced opportunity in the current real estate market.
Fair value modelled at €224,135 from 6 comparable sales in the area. Asking €239,900 sits €15,765 (7.0%) above — overpriced versus fair value.
Asking €239,900 versus the rua do Castanhal, 330 area baseline of €176,889 (€1,769/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 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 €176,889, adjusted for condition and micro-location, gives a modelled fair value of €224,135 (€2,241/m²), a €15,765 (7.0%) gap versus the €239,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Castanhal, 330 | Subject | €239,900 | €2,399 | — | 88 | 64 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 4.6% | 70 | 71 |
| rua Guerra Junqueiro | Active | €267,500 | €2,500 | 4.2% | 75 | 76 |
| rua da Escola Padre Américo | Active | €239,900 | €2,181 | 9.1% | 80 | 66 |
| rua da Escola Padre Américo | Active | €239,900 | €2,181 | 9.1% | 80 | 64 |
| Median comp | €242,450 | €2,236 | 6.8% | 78 | 69 |
Long-term rental This property offers a fair value of €224,135 against a listing price of €239,900, resulting in a marginal gap of 7.0%. Additionally, with a gross yield of 3.6%, it presents a steady income potential for long-term renting in a suburban environment in the Porto metropolitan area. Family rental The 2-bed apartment located in Fânzeres e São Pedro da Cova is priced fairly, with a fair value assessed at €224,135, reflecting a slight premium over the current listing. Given its condition score of 86/100, it is suitable for family rentals, providing a comfortable living environment in a suburban setting. Buy-and-hold With an asking price of €239,900 that aligns closely with the fair valuation of €224,135, this property is appropriately priced for a buy-and-hold investment strategy. The 3.6% gross yield offers an attractive return over time while capitalizing on the property's solid condition and suburban location. Not ideal for Luxury market The 2-bed apartment in Gondomar is positioned fairly against its valuation but does not represent a compelling opportunity in the luxury market, given its location and average neighbourhood score of 64/100. Potential luxury investors may find the property lacks the exclusive appeal typically demanded in this segment. Not ideal for Short-term vacation rental While the property is appreciated fairly at €239,900, it does not meet the criteria typically sought for short-term vacation rentals, particularly in a suburban context. Its yield of 3.6% does not support the higher returns expected from short-term rental strategies. Not ideal for Student housing The property is fairly valued with a listing price minimally above the fair value, yet it is not suited for student housing due to the average neighborhood rating of 64/100. The demand dynamics in this suburban area do not align with the needs and preferences of the student demographic.
Tenant turnover risk The tenant stability score of 60/100 indicates a significant risk of turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
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