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 house of 159 m², energy rating D. Located on rua Dom António Castro Meireles, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Feature: The lower floor, currently in shell form, presents an opportunity to convert into a separate apartment, adding potential rental income or family independence to the property.
The valuation. The asking price of €350,000 is significantly above the fair value of €190,740, creating a discrepancy of €159,260 (45.5%). This property is therefore considered overpriced. Buy-to-flip angle. A buy-to-flip strategy could be challenging due to the asking price, making quick resale difficult without significant renovations or market appreciation. Buy-to-let angle. With an estimated rental income of €904 per month, the gross yield stands at 3.1%, suggesting limited short-term return potential for a buy-and-hold rental investment due to the high asking price.
Fair value modelled at €190,740 from the area baseline, adjusted for condition and location. Asking €350,000 sits €159,260 (45.5%) above — overpriced versus fair value.
Asking €350,000 versus the rua Dom António Castro Meireles area baseline of €222,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 58 · Materials 54 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 65 · Amenities 60 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom António Castro Meireles
Area baseline €222,600 + condition -€45,216 + location +€13,356 = modelled fair value of €190,740 (€1,200/m²), a €159,260 (45.5%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom António Castro Meireles | Subject | €350,000 | €2,201 | — | 58 | 65 |
| rua Dom António Castro Meireles | Active | €350,000 | €2,201 | 0% | 65 | 73 |
| rua Tulipas | Active | €349,900 | €1,944 | 11.7% | 70 | 74 |
| Águas Santas · 0017ef | Active | €469,000 | €1,804 | 18.1% | 60 | 67 |
| Baguim do Monte (Rio Tinto) · 7354d4 | Active | €190,000 | €1,759 | 20.1% | — | 70 |
| Median comp | €349,950 | €1,874 | 14.9% | 65 | 72 |
Family rental The property, priced at €350,000, is significantly above its fair value of €190,740, representing a 45.5% gap, which limits its attractiveness for family rentals. With a gross yield of just 3.1% and a condition score of 57/100, the investment does not support strong rental demand in the competitive Gonodmar market. Long-term rental At €350,000, the property is overpriced compared to its fair value of €190,740, indicating a 45.5% premium that undermines its potential as a long-term rental. The gross yield of 3.1% and a neighbourhood score of 65/100 suggest that returns from a long-term rental perspective are likely to be unappealing and constrained. Buy-and-hold Considering the property is overpriced at €350,000 versus a fair value of €190,740, the investment may struggle to appreciate in value over time, showing a 45.5% discrepancy. The low gross yield of 3.1% and average condition rating make it a less viable option for a buy-and-hold strategy in the Baguim do Monte area.
Tenant Default Risk With a tenant stability score of 70/100, there is a 30% chance of potential tenant defaults affecting rental income stability.
