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 92 m², built in 1988. Located on rua Ferreira Castro, 92, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The property boasts a closed balcony connected to the kitchen, providing functionality for laundry while enhancing the living space with natural light.
The valuation. The asking price of €274,900 sits slightly above the fair value of €271,121 by €3,779 (1.4%). This suggests the property is priced fairly in today’s market.
Fair value modelled at €271,121 from 6 comparable sales in the area. Asking €274,900 sits €3,779 (1.4%) above — overpriced versus fair value.
Asking €274,900 versus the rua Ferreira Castro, 92 area baseline of €259,301 (€2,818/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €259,301, adjusted for condition and micro-location, gives a modelled fair value of €271,121 (€2,947/m²), a €3,779 (1.4%) gap versus the €274,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ferreira Castro, 92 | Subject | €274,900 | €2,988 | — | 66 | 80 |
| Fânzeres e São Pedro da Cova · 14400f | Active | €324,000 | €4,208 | 40.8% | 75 | 76 |
| travessa Carregal, 6 | Active | €280,000 | €2,917 | 2.4% | 70 | 71 |
| rua Doctor Severiano | Active | €280,000 | €2,545 | 14.8% | 70 | 73 |
| rua Engenheiro Farinas de Almeida, 301 | Active | €262,000 | €2,977 | 0.4% | 72 | 73 |
| Median comp | €280,000 | €2,947 | 1.4% | 71 | 73 |
Long-term rental The property presents a gross yield of 3.5%, indicating moderate returns for long-term rental investors. Given its fair valuation at €274,900 and a solid neighbourhood score of 80/100, it offers stable income potential, albeit with limited upside. Buy-and-hold Holding this property as a long-term investment aligns well with its fair value and decent condition rating of 70/100. The attractive location near Porto suggests the potential for steady appreciation, making it a suitable choice for buy-and-hold strategies. Family rental With an emphasis on the family rental market, this 3-bed apartment is positioned within a safe suburban environment, rated at 80/100 in the neighbourhood. The fair valuation and reasonable yield make it appealing for families seeking stability and comfort in Greater Porto. Not ideal for short-term vacation rental This property, despite its fair valuation, is not well-suited for short-term vacation rentals due to its suburban location and moderate amenities. The expected rental yields and lower tenant turnover do not align with the high earnings typically sought in the short-term market. Not ideal for student housing While the property offers appealing features, its fair valuation and suburban setting do not cater effectively to the needs of student housing. The absence of proximity to major university campuses could limit demand from this demographic. Not ideal for luxury market Despite some attractive features, this property is not positioned for the luxury market, as it holds a fair value without the high-end amenities that typically characterize luxury listings. The condition rating of 70/100 further reflects the gap between this property and luxury standards.
Economic downturn risk With an economic stability score of 80/100, there is a risk that changes in the economy could negatively impact property values and rental income performance.
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