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 120 m² on the 5th floor, built in 1993, energy rating E. Located on rua de Monte do Crasto, 48, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a versatile 19 m² closed outdoor space, perfect for leisure or additional storage, enhancing the living experience in a central location.
The valuation. The asking price of €285,000 sits approximately 3.7% above the fair value of €274,839, indicating it is reasonably aligned with market expectations. It reflects a competitive yet justifiable price point within the current real estate landscape.
Fair value modelled at €274,839 from 6 comparable sales in the area. Asking €285,000 sits €10,161 (3.7%) above — overpriced versus fair value.
Asking €285,000 versus the rua de Monte do Crasto, 48 area baseline of €242,901 (€2,024/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €242,901, adjusted for condition and micro-location, gives a modelled fair value of €274,839 (€2,290/m²), a €10,161 (3.7%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Monte do Crasto, 48 | Subject | €285,000 | €2,375 | — | 76 | 80 |
| rua Padre Andrade Silva, 1 | Active | €300,000 | €2,419 | 1.9% | 75 | 65 |
| Fânzeres e São Pedro da Cova · 0dcd3a | Active | €317,500 | €2,160 | 9.1% | 72 | 72 |
| rua 25 de Abril | Active | €335,000 | €2,792 | 17.5% | 92 | 70 |
| rua São Tiago, 90 | Active | €268,000 | €2,161 | 9.0% | 70 | 70 |
| Median comp | €308,750 | €2,290 | 3.6% | 74 | 70 |
Long-term rental This 3-bed apartment in Gondomar offers a yield of 3.5%, making it suitable for long-term rental strategies, particularly given the strong neighbourhood score of 80/100. While the gap to fair value is only 3.7%, the property is priced fairly and suitable for sustaining long-term occupancy. Buy-and-hold Acquiring this property for a buy-and-hold strategy could be beneficial due to its solid condition rating of 77/100 and integration with urban Porto’s amenities. Although it is currently valued fairly at €285,000, long-term ownership may still provide reliable cash flow in a growing suburban market. Family rental The apartment's spacious layout aligns well with family rental demands, especially in a well-connected suburban area like Gondomar. Priced fairly at €285,000, it presents an opportunity to cater to families seeking quality living near Porto while offering a reasonable gross yield of 3.5%.
Potential Economic Downturn The property may face challenges if economic stability (80/100) and tenant stability (80/100) decline, potentially impacting rental income and occupancy rates.
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