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 82 m² on the 4th floor, built in 1985, energy rating D. Located on rua Manuel Ribeiro Almeida, Gondomar (São Cosme), Valbom e Jovim parish, Gondomar municipality, Porto district. The apartment features high-quality parquet flooring and dark wood paneling, enhancing its aesthetic appeal and giving it a timeless charm.
The asking price of €269,000 is significantly above the fair value of €153,000, indicating a downside of 43.0%. Confidence in this fair value assessment is medium. The estimated gross yield is 5.6%, translating to approximately €1,255 per month before costs and vacancy. Rental yield. The neighborhood's rating is mixed, scoring 50/100, and the condition of the property is rated at 70/100, reflecting consistent quality materials.
The asking price is above the fair value. The fair value was determined by combining a Transaction model, using 222 recorded sales in the area, and an Adjusted asking-price model, which adjusts current listings to account for actual sale conditions. A conservative blend of these models was used, with 55% from the Transaction model and 45% from the Adjusted asking-price model. Adjustments for costs to cure were applied, reflecting the need for renovations. The result is a fair value of €153,000, indicating a medium confidence level in this estimate.
Gross yield 4.8% (before costs)
No specific strategy stands out for this property.
Investors should consider that the asking price of €269,000 significantly exceeds the fair value of €153,000, indicating a 43.0% downside versus the asking price. The property is in average condition, rated 70/100, and situated in a neighborhood rated at 50/100, which may affect its attractiveness and long-term value. Thus, the potential for appreciation may be limited in light of the current market conditions and property assessment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability and tenant stability scores of 50/100 indicate a potentially unstable investment environment which may affect rental income and occupancy rates negatively. Fair value certainty risk The medium confidence in the fair value, currently at €153,000, combined with the lack of transaction micro-location data and a municipality reference on watch, raises concerns about the accuracy of the property’s valuation.
Grade AFindings: 0
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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