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, 1-bathroom apartment of 150 m², built in 1987, energy rating D. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Feature: The apartment benefits from large windows that not only enhance its modern aesthetic but also flood the space with natural light, creating a warm and inviting atmosphere.
The valuation. The asking price of €380,000 is significantly above the fair value of €232,504, resulting in a difference of €147,496, or 38.8%. This property is considered overpriced based on current market conditions.
Fair value modelled at €232,504 from the area baseline, adjusted for condition and location. Asking €380,000 sits €147,496 (38.8%) above — overpriced versus fair value.
Asking €380,000 versus the Rio Tinto, Gondomar, Porto area baseline of €210,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 78 · Materials 75 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €210,000 + condition +€2,344 + location +€20,160 = modelled fair value of €232,504 (€1,550/m²), a €147,496 (38.8%) gap versus the €380,000 asking price.
Long-term rental The 3-bed apartment in Rio Tinto is overpriced by 38.8%, leading to a questionable investment for long-term rental due to its low gross yield of 2.9%. Additionally, while the proximity to Porto may draw tenants, the expected returns do not justify the elevated price. Family rental With a fair value significantly lower than the listing price, this apartment may not attract families looking for cost-effective living solutions. The property's condition score of 76/100 suggests it is decent, but the overall investment appeal is diminished by the overpriced nature of the listing. Buy-and-hold Investing in a buy-and-hold strategy for this property appears less attractive, given its 38.8% gap from fair value and a gross yield of just 2.9%. While the location may stabilize demand, the high entry price limits the potential for capital appreciation over time.
Economic and Tenant Risk The current Economic Stability score of 75/100 along with a Tenant Stability score of 75/100 indicates a moderate risk of economic fluctuations impacting tenant retention, potentially leading to increased vacancy rates in the future.