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. Located Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. Highlight: The apartment includes a designated parking space and an additional storage area, enhancing convenience for residents in a sought-after location. Notável: O apartamento inclui um espaço de estacionamento designado e uma área de armazenamento adicional, aumentando a conveniência para os residentes numa localização procurada.
The valuation. The asking price of €242,000 sits 2.4% above the fair value of €236,382, indicating that while it is not overpriced, it is priced at a slight premium compared to its fair market assessment. Buy-to-flip angle. The buy-and-flip strategy would involve minimal renovations to enhance appeal, potentially inviting offers above the asking price due to the property’s improved condition and favorable layout. Buy-to-let angle. Pursuing a buy-to-let strategy, the estimated rental income of €766 per month yields a gross return of 3.8%, making it a viable investment for long-term family rentals given the suburban location near Porto.
Fair value modelled at €236,382 from 6 comparable sales in the area. Asking €242,000 sits €5,618 (2.4%) above — overpriced versus fair value.
Asking €242,000 versus the Fânzeres e São Pedro da Cova, Gondomar, Porto area baseline of €231,819 (€2,318/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €231,819, adjusted for condition and micro-location, gives a modelled fair value of €236,382 (€2,364/m²), a €5,618 (2.4%) gap versus the €242,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Fânzeres e São Pedro da Cova · 9af6f2 | Subject | €242,000 | €2,420 | — | 62 | 70 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 26.2% | 70 | 76 |
| Rio Tinto · 8341f3 | Active | €300,000 | €2,941 | 21.5% | 70 | 66 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 5.4% | 70 | 71 |
| Fânzeres e São Pedro da Cova · ee8915 | Active | €210,000 | €2,593 | 7.1% | 68 | 72 |
| Median comp | €227,500 | €2,442 | 0.9% | 70 | 72 |
Long-term rental The property offers a gross yield of 3.8%, positioning it as a reasonable choice for long-term rental investors looking for stable income in a suburban area with proximity to Porto. Despite the 2.4% gap from fair value, this property aligns well with tenant demand in the market. Family rental This 2-bed apartment presents a suitable option for families seeking living space near urban amenities, contributing to a steady flow of potential tenants. With a neighborhood rating of 70/100 and a fair value assessment, it supports the appeal for long-term family rentals despite being priced at fair value. Buy-and-hold Investors considering a buy-and-hold strategy may find this property reasonable for generating passive income, given its location near employment centers. The 3.8% gross yield indicates a modest return potential, making it a consistent option for long-term investment, albeit at a fair pricing level.
Potential Tenant Turnover The tenant stability score of 65/100 indicates a moderate risk of turnover, which may lead to increased vacancy rates and rental income fluctuation.
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