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 138 m² on the 3rd floor, built in 1999, energy rating D. Located Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. This property features a generous balcony accessible from both the living room and one bedroom, enhancing outdoor living space in a tranquil setting.
The valuation. The asking price of €297,000 is slightly above the fair value of €290,674, sitting at a difference of €6,326 (2.2%). The property is considered priced fairly within the current market context. Buy-to-flip angle. With a solid condition rating of 72/100 and desirable upgrades, the strategy involves targeting a quicker resale to maximize returns, potentially appealing to young families or buyers seeking space. Buy-to-let angle. The estimated rental income of €891/month provides a gross yield of 3.6%, making it a viable long-term investment in a neighborhood with good access to Porto, catering to families and young professionals who value suburban living.
Fair value modelled at €290,674 from 6 comparable sales in the area. Asking €297,000 sits €6,326 (2.2%) above — overpriced versus fair value.
Asking €297,000 versus the Gondomar (São Cosme), Valbom e Jovim, Gondomar, Porto area baseline of €259,428 (€1,880/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €259,428, adjusted for condition and micro-location, gives a modelled fair value of €290,674 (€2,106/m²), a €6,326 (2.2%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gondomar (São Cosme), Valbom e Jovim · 76b26d | Subject | €297,000 | €2,152 | — | 68 | 69 |
| Gondomar (São Cosme), Valbom e Jovim · a46699 | Active | €249,000 | €2,223 | 3.3% | 73 | 71 |
| Gondomar (São Cosme), Valbom e Jovim · e40b19 | Active | €130,000 | €1,111 | 48.4% | 72 | 76 |
| Fânzeres e São Pedro da Cova · 1626eb | Active | €285,000 | €2,111 | 1.9% | 75 | 78 |
| Gondomar (São Cosme), Valbom e Jovim · ab70b1 | Active | €269,000 | €2,102 | 2.4% | 67 | 72 |
| Median comp | €259,000 | €2,107 | 2.1% | 73 | 74 |
Long-term rental The 2-bed apartment in Gondomar offers a gross yield of 3.6%, which is relatively low but acceptable given the market conditions. Potential tenants will benefit from good connectivity to Porto, making it an adequate choice for those seeking stable, long-term housing solutions. Family rental This property is well-suited for families, given its spacious layout of 138m² and the suburban environment complemented by urban influences. The neighborhood's moderate rating of 69 ensures that families may find the local amenities and schools sufficiently favorable for their needs. Buy-and-hold With a listing price of €297,000 and a fair value of €290,674, this property represents stable market positioning with limited upside potential. The fair valuation suggests that holding this asset could provide steady rental income but may not lead to significant appreciation in the near term.
Tenant turnover risk High tenant turnover is a possibility due to the average tenant stability score of 70/100, which may lead to increased vacancy rates and additional re-leasing costs.
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