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, 2-bathroom apartment of 115 m², built in 2011. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. This apartment boasts two distinct frontages, enhancing natural light, and includes an individual garage for added convenience.
The valuation. The asking price of €309,000 is substantially above the fair value of €177,459, representing an overpriced scenario by €131,541 (42.6%). This indicates that potential buyers may need to reconsider their purchasing strategy.
Fair value modelled at €177,459 from the area baseline, adjusted for condition and location. Asking €309,000 sits €131,541 (42.6%) above — overpriced versus fair value.
Asking €309,000 versus the estrada Nova area baseline of €161,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 74 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
estrada Nova
Area baseline €161,000 + condition +€359 + location +€16,100 = modelled fair value of €177,459 (€1,543/m²), a €131,541 (42.6%) gap versus the €309,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €309,000 | €2,687 | — | 74 | 75 |
| rua dos Moutidos, 233 | Active | €345,000 | €2,464 | 8.3% | 74 | 70 |
| Ermesinde · 90d912 | Active | €319,000 | €2,703 | 0.6% | 72 | 74 |
| Fânzeres e São Pedro da Cova · 4b975f | Active | €309,000 | €2,472 | 8.0% | 70 | 76 |
| Ermesinde · 99f4e4 | Active | €292,000 | €2,781 | 3.5% | 70 | 61 |
| Median comp | €314,000 | €2,588 | 3.7% | 71 | 72 |
Long-term rental Given the gross yield of 3.2% and the premium of 42.6% compared to the fair value, this property may not effectively generate long-term rental income. Investors should be cautious, as the listing price does not reflect the expected return relative to market conditions. Buy-and-hold With the significant gap between the listing price and fair value, holding this property may not yield desirable capital appreciation in the long run. The condition and neighborhood ratings suggest potential but do not compensate for the current overpricing. Family rental While the location within Greater Porto offers strong demand, the substantial 42.6% premium over fair value indicates this property is overpriced for family rental purposes. Families seeking affordable housing may be deterred by the current rental pricing in this context.
Potential Economic Downturn The economic stability score of 80/100 suggests a solid foundation, but any unforeseen economic downturn could significantly impact revenue streams, particularly given the tenant stability score of 75/100 which indicates some vulnerability in tenant retention and potential vacancy risks.
