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 96 m² on the 3rd floor, built in 1999, energy rating D. Located on rua de São Tiago, Fânzeres e São Pedro da Cova parish, Gondomar municipality, Porto district. This apartment features a bright open-plan layout, enhancing both space utilization and natural light, complemented by premium finishes such as granite and marble-effect tiling.
The asking price of €269,900 exceeds our fair value estimate of €232,000, suggesting the property is overpriced with a 14.2% downside. Confidence in this fair value is low.
The asking price is above the fair value. To determine the fair value, we combined the Transaction model (55%) based on 137 recent sales in Fânzeres e São Pedro da Cova with the Adjusted asking-price model (45%) that adjusts current listings to sale conditions. For this property, no conservative adjustments were applied. The resulting fair value is €232,000, indicating that the asking price is €37,900 above it, which equates to a 14.2% downside from the asking price. Given the divergence of the estimates, our confidence level is low.
Gross yield 5.1% (before costs)
This 3-bed apartment in Fânzeres e São Pedro da Cova offers a gross yield of 5.1%, indicative of its potential for rental income, although the asking price is above its fair value, leaving a 14.2% downside risk. The property is in decent condition with a score of 78/100, but the neighbourhood rating of 50/100 suggests a mixed surrounding environment, which may affect tenant demand. Therefore, while the rental yield is attractive, caution is advised due to the elevated asking price relative to the fair value, which implies overvaluation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic and tenant stability scores at 50/100, there is a heightened risk of fluctuating occupancy rates and rental income volatility, potentially impacting overall investment returns. Fair value certainty risk The fair value is estimated at €232,000 with low confidence due to municipality scrutiny and lack of transaction micro-location data, leading to uncertainty in actual market value.
Grade BFindings: 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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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