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.
6-bedroom, 3-bathroom house of 522 m², built in 1995, energy rating E. Located on rua Doutor Joaquim Manuel Costa, 592, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. Noteworthy Features: This villa's potential conversion into three independent units capitalizes on its spacious layout, while its proximity to future metro access enhances its investment appeal.
The valuation. The asking price of €490,000 sits significantly below the fair value of €704,441, indicating the property is underpriced by €214,441 (30.4%). This presents a compelling opportunity for capital appreciation. Buy-to-flip angle. With a condition rating of 63/100, the villa's attractive traditional characteristics can be enhanced for a successful resale or wholesale strategy. A modest renovation could yield a profitable return due to its favorable price point. Buy-to-let angle. The property could generate a gross yield of approximately 4.3%, with an estimated rental income of €1,756 per month. This makes it an appealing option for long-term rental in a mixed neighborhood.
Fair value modelled at €704,441 from 6 comparable sales in the area. Asking €490,000 sits €214,441 (30.4%) below — the upside to fair value.
Asking €490,000 versus the rua Doutor Joaquim Manuel Costa, 592 area baseline of €639,591 (€1,225/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €639,591, adjusted for condition and micro-location, gives a modelled fair value of €704,441 (€1,350/m²), a €214,441 (30.4%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Joaquim Manuel Costa, 592 | Subject | €490,000 | €939 | — | 55 | 75 |
| rua Doutor Joaquim Manuel Costa, 582 | Active | €490,000 | €1,408 | 50.0% | 57 | 81 |
| Gondomar (São Cosme), Valbom e Jovim · 57f9a1 | Active | €740,000 | €1,072 | 14.3% | — | 80 |
| rua Doutor Lopes Cardoso, 493 | Active | €485,000 | €1,783 | 90.0% | 62 | 71 |
| rua de Santa Eulália | Active | €265,000 | €1,023 | 9.0% | — | 73 |
| Median comp | €487,500 | €1,240 | 32.1% | 60 | 77 |
Long-term rental This 6-bed house in Gondomar presents an attractive long-term rental opportunity with an appealing gross yield of 4.3%, indicating healthy cash flow potential. Additionally, its location in a vibrant neighborhood with favorable tenant quality supports stable occupancy rates. Short-term vacation rental The property’s prime location near central Porto and urban characteristics makes it a compelling choice for short-term vacation rentals, likely yielding high occupancy rates. With a fair value significantly above the listing price, this investment holds promise for appreciation as demand for lodgings in the area continues to grow. Buy-and-hold With a fair value of €704,441 against a listing price of €490,000, this property is a strong buy-and-hold candidate, offering substantial potential for capital appreciation over time. Its decent condition rating of 63/100 suggests manageable maintenance costs as the property retains its value in a desirable neighborhood. Not ideal for student housing While the property is well-situated, it is not considered ideal for student housing due to the characteristics of the immediate area which may not appeal to the student demographic. Consequently, targeting long-term or vacation renters may yield better results in terms of consistent revenue and tenant satisfaction.
Tenant turnover risk The tenant stability score of 70/100 indicates a potential for higher turnover rates, which could lead to increased costs and vacancies over time.
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