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 105 m² on the 1st floor, built in 1985, energy rating D. Located on rua de Carregais, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment has a modernized kitchen with high-end stainless steel appliances, but significant damp issues compromise the overall renovation claim, especially visible in the bedrooms and exterior. Condition: Contradictory, with modern updates yet persistent dampness and structural concerns.
The valuation. The asking price of €169,500 sits €40,044 below the fair value of €209,544, making this property subpriced by 19.1%. It presents a compelling opportunity for buyers seeking value. Buy-to-flip angle. The potential for resale lies in leveraging the current market dynamics and minor renovations, targeting a swift turnover for a profit margin above the purchase price. Buy-to-let angle. With an estimated monthly rental income of €932, this property yields a gross yield of 6.6%, making it an attractive option for long-term rental strategies in a high-demand metro area.
Fair value modelled at €209,544 from 6 comparable sales in the area. Asking €169,500 sits €40,044 (19.1%) below — the upside to fair value.
Asking €169,500 versus the rua de Carregais area baseline of €210,873 (€2,008/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €210,873, adjusted for condition and micro-location, gives a modelled fair value of €209,544 (€1,996/m²), a €40,044 (19.1%) gap versus the €169,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Carregais | Subject | €169,500 | €1,614 | — | 52 | 75 |
| Rio Tinto · 1626f8 | Active | €260,000 | €1,182 | 26.8% | 62 | 73 |
| Campanhã · 5b88cc | Active | €245,000 | €2,149 | 33.1% | 65 | 79 |
| calçada de Maceda | Active | €225,000 | €1,844 | 14.2% | 55 | 75 |
| travessa Júlio Dinis | Active | €247,500 | €2,210 | 36.9% | 60 | 73 |
| Median comp | €246,250 | €1,997 | 23.7% | 61 | 74 |
Long-term rental The property in Gondomar presents a gross yield of 6.6%, making it an attractive long-term rental investment, especially given the strong housing demand in the Porto metro area. With a fair value estimate of €209,544, the current listing price of €169,500 indicates a 19.1% gap, suggesting strong potential for cash flow appreciation over time. Buy-and-hold Investing in this 2-bed apartment aligns well with a buy-and-hold strategy, as it is positioned within a neighborhood that scores 75/100 for quality and access to urban amenities. The potential for value appreciation is substantial, with the current price being well below its fair market value of €209,544. Family rental This apartment's features and neighborhood characteristics make it an excellent option for family rentals, benefiting from the low crime rates and availability of urban amenities typical of the Porto region. The appealing fair value of €209,544 against the listing price of €169,500 enhances its attractiveness to families looking for quality living at a reasonable cost.
Tenant turnover risk The tenant stability score of 75/100 suggests a moderate risk of turnover, potentially impacting cash flow if vacancies arise.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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