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, 0-bathroom apartment of 79 m², built in 2005, energy rating D. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a central vacuum system and embedded ceiling speakers for an enhanced audio experience throughout the living space.
The valuation. The asking price of €279,000 is significantly above fair value, which is assessed at €131,348, indicating a premium of €147,652 or 52.9%. This property is therefore considered overpriced.
Fair value modelled at €121,218 from the area baseline, adjusted for condition and location. Asking €279,000 sits €157,782 (56.6%) above — overpriced versus fair value.
Asking €279,000 versus the estrada Nova area baseline of €110,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 74/100 (Housing Market 75 · Amenities 80 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
estrada Nova
Area baseline €110,600 + condition +€0 + location +€10,618 = modelled fair value of €121,218 (€1,534/m²), a €157,782 (56.6%) gap versus the €279,000 asking price.
Long-term rental This property presents a gross yield of 3.9%, which can be seen as subpar given the prevailing market conditions in the Porto metropolitan area. With a fair value of €131,348, the asking price of €279,000 signifies a 52.9% premium, suggesting it is overpriced for long-term rental viability. Family rental While the property has a reasonable condition score of 75/100 and is located in a neighborhood with good amenities, the selling price significantly exceeds its fair value. The 52.9% gap from fair value indicates that the property may not serve as an attractive option for family rentals, given its overpriced status. Value-add renovation Investing in value-add renovations for this apartment could be costly, especially considering the current asking price of €279,000 against a fair value of €131,348. As the property is priced 52.9% above fair value, the potential return on investment for renovations may not justify the elevated risk in an already overpriced asset.
Economic volatility risk With both economic stability and tenant stability scores at 70/100, there is potential for fluctuations that could impact rental income and property value adversely over time.
