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, 3-bathroom house of 369 m², energy rating C. Located Foz do Sousa e Covelo parish, Gondomar municipality, Porto district. This single-story home features a large outdoor area that boasts excellent sun exposure, enhancing outdoor living possibilities in the beautiful Foz do Sousa e Covelo region.
The asking price of €650,000 is significantly above our assessed fair value of €427,000, indicating the property is overpriced. Confidence in this fair value is low.
The fair value of this property is built using a blend of two models: the Transaction model, based on 49 recorded sales in Foz do Sousa e Covelo over the last year, and the Adjusted asking-price model, which uses current listings adjusted to reflect sale prices. Weights are assigned with 65% given to the Transaction model and 35% to the Adjusted model. No conservative adjustments were applied to this property. The resulting fair value is €427,000. Given that the asking price is €650,000, the asking price is above the fair value, with a gap of €223,000, or 34.3% downside from the asking price. Confidence in this valuation is low.
Gross yield 3.1% (before costs)
No specific strategy stands out for this property.
The asking price of €650,000 significantly exceeds the fair value of €427,000 by 34.3%, indicating a considerable downside risk. The property's condition scores well at 81/100, while the neighbourhood scores a mere 50/100, hinting at potential location drawbacks that could affect future value. Investors should carefully consider these factors of price versus intrinsic value and location quality before making any decisions.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk A score of 50/100 for both economic and tenant stability indicates a significant risk due to the potential for tenant turnover and economic fluctuations affecting rental income stability. Fair value certainty risk With a valuation set at €427,000 and a confidence level of low, there is a notable risk regarding the certainty of the fair value due to insufficient local transaction data and differing estimates.
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 v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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