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. Noteworthy Features: The apartment includes a central vacuum system and embedded ceiling speakers for an enhanced living experience, along with superior quality finishes throughout the space.
The valuation. The asking price of €279,000 sits significantly above the fair value of €121,218, representing a premium of €157,782 (56.6%). This property is considered overpriced based on current market assessments.
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 €201,924 (€2,556/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.
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.
estrada Nova
Area baseline €201,924 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €279,000 | €3,532 | — | 72 | 74 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 26.0% | 73 | 73 |
| Baguim do Monte (Rio Tinto) · 2620bf | Active | €265,000 | €3,272 | 7.4% | 74 | 63 |
| estrada da Circunvalação | Active | €265,000 | €3,272 | 7.4% | 72 | 65 |
| avenida Dom João I, 667 | Active | €262,000 | €2,817 | 20.2% | 75 | 72 |
| Median comp | €265,000 | €3,045 | 13.8% | 74 | 69 |
Long-term rental The property at €279,000 is overpriced compared to its fair value of €121,218, indicating a substantial gap that undermines potential long-term rental returns. The gross yield of 3.9% does not adequately compensate for the elevated purchase price, making this strategy less attractive. Family rental Due to the significant overvaluation of this apartment, it is unlikely to yield favorable cash flow for family rentals despite the decent neighborhood amenities and tenant quality. Families may seek better value in the area, making this property a less compelling option. Value-add renovation While there may be opportunities for value-add renovations, the initial purchase price significantly restricts the potential for a profitable exit, as the current valuation is 56.6% above fair value. Any renovations would need to be carefully evaluated against this backdrop of overpricing to ensure a reasonable return on investment.
Mid-level Economic Risk The property is at risk due to a moderate economic stability score of 70, which could impact potential tenant demand and retention.
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