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 69 m², built in 1992, energy rating C. Located on travessa Vila Cova, Rio Tinto parish, Gondomar municipality, Porto district. Elevated sixth floor location offers unobstructed views and abundant natural light, while the spacious balcony enhances outdoor living potential.
The valuation. The asking price of €225,000 is significantly above the fair value of €24,628, representing an overvaluation of €200,372 (89.1%). This property is overpriced relative to its assessed value.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Vila Cova | Subject | €225,000 | €3,261 | — | — | 73 |
| rua da Portelinha | Active | €239,900 | €3,379 | 3.6% | — | 70 |
| rua Doutor Severiano | Active | €200,000 | €2,667 | 18.2% | 72 | 82 |
| estrada Nova | Active | €225,000 | €3,000 | 8.0% | 70 | 68 |
| rua da Alegria | Active | €299,000 | €5,863 | 79.8% | — | 74 |
| Median comp | €232,450 | €3,190 | 2.2% | 71 | 72 |
Long-term rental The property’s significant gap from fair value at 89.1% indicates it is overpriced, which may limit potential for yield improvement in a long-term rental strategy. With a gross yield of 4.3% and a condition rating of 0/100, this investment lacks adequate appeal for stable long-term tenants. Buy-and-hold Investing in this property as a buy-and-hold strategy is discouraged due to its excessive price relative to fair value, suggesting limited appreciation potential in the future. The neighborhood's moderate rating of 73/100 provides some stability, but the high overvaluation undermines investment viability. Family rental This property may face challenges in attracting families, given its overstated price point that could deter financially conscious renters. While the neighborhood's safety and proximity to Porto enhance its appeal slightly, the appalling condition rating further complicates its potential as a family rental option.
Potential Tenant Turnover: With a tenant stability score of 70/100, there is a moderate risk of tenant turnover, which could lead to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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