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, 2-bathroom apartment of 116 m², built in 1997, energy rating D. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a living room with a heat recovery system and direct access to a private balcony overlooking a large garden area ideal for leisure activities.
The valuation. The asking price of €253,000 is significantly above the fair value of €175,921, resulting in an overpricing of €77,079 (30.5%). This discrepancy suggests a misalignment with market expectations for the property. Buy-to-flip angle. A resale strategy aimed at securing a profit is less feasible given the current valuation, as flipping the property will require substantial price appreciation to realize gains. Thus, short-term profit potential appears limited. Buy-to-let angle. The estimated rental income of approximately €780 per month yields a gross return of 3.7%. This income potential, although steady, may not justify the high initial investment due to the property's above-market price.
Fair value modelled at €175,921 from the area baseline, adjusted for condition and location. Asking €253,000 sits €77,079 (30.5%) above — overpriced versus fair value.
Asking €253,000 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €268,076 (€2,311/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Baguim do Monte (Rio Tinto), Gondomar, Porto
Area baseline €268,076 + condition -€2,719 + location +€16,240 = modelled fair value of €175,921 (€1,517/m²), a €77,079 (30.5%) gap versus the €253,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 0016d8 | Subject | €253,000 | €2,181 | — | 72 | 75 |
| Valongo · cfdf2e | Active | €284,900 | €2,064 | 5.3% | 72 | 76 |
| Valongo · 735613 | Active | €284,900 | €2,064 | 5.3% | 73 | 71 |
| avenida Doutor Fernando Melo | Active | €260,000 | €2,114 | 3.1% | 73 | 75 |
| rua de Díli | Active | €248,000 | €2,195 | 0.6% | 77 | 70 |
| Median comp | €272,450 | €2,089 | 4.2% | 73 | 73 |
Long-term rental This apartment, listed at €253,000, is significantly overpriced compared to its fair value of €175,921, reflecting a 30.5% gap. With a gross yield of only 3.7%, the long-term rental potential does not justify the current asking price in a suburban area with moderate ratings for condition and neighborhood quality. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less favorable given its overpriced status, with a current listing that exceeds its fair value by over €77,000. The weak gross yield of 3.7% exacerbates concerns about future appreciation potential in the local market. Family rental While the apartment could theoretically appeal to families seeking suburban living, the reality of it being overpriced at €253,000 presents significant risks for this strategy. The mediocre yield and current market dynamics suggest a less than ideal investment opportunity for those looking to attract long-term family tenants.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential for increased turnover, which could lead to higher vacancy rates and additional costs over time.
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