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, 1-bathroom house of 270 m², built in 2020, energy rating F. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. The property features a stone storage room with severe structural damage, indicating potential challenges with renovation and maintenance.
The asking price of €435,000 significantly exceeds our assessed fair value of €198,000, indicating a gap of €237,000; hence, the property is overpriced. Confidence in this fair value is deemed medium. Estimated gross yield for this property stands at 5.1%.
The property's fair value is derived using a robust approach that combines two models. The Transaction model utilizes real transaction data from 49 recorded sales in the parish, accounting for 65% of the analysis, while the Adjusted asking-price model, which focuses on current listings adjusted to sale level, contributes the remaining 35%. No conservative adjustments were necessary for this property. As a result, the calculated fair value is €198,000, indicating that the asking price is above the fair value (54.5% downside vs the asking price). This conclusion carries a medium confidence level.
Gross yield 5.1% (before costs)
No specific strategy stands out for this property.
The asking price of €435,000 for this 3-bed house in Foz do Sousa e Covelo is significantly above its fair value of €198,000, indicating a 54.5% downside from the asking price. The property's condition, rated at 44/100, suggests that it may require considerable attention, while the neighbourhood scores 50/100, reflecting a mixed setting that may impact future appreciation. Investors should carefully assess the substantial gap between price and value, considering both the physical condition and the location's potential.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has a low economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential risks related to market fluctuations and tenant retention. Fair value certainty risk The valuation is at a fair value of €198,000 with medium confidence, coupled with the lack of micro-location transaction data and the municipality reference being on watch against INE, which introduces uncertainty regarding the fair value assessment.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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