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.
4-bedroom, 1-bathroom apartment of 199 m², built in 1994, energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment features autonomous garages with significant storage, and a sunroom that enhances utility and light flow in the kitchen space.
The valuation. The asking price of €385,000 is significantly above the fair value of €283,476, indicating an overvaluation of €101,524 (26.4%). This difference suggests potential concerns regarding the property's market position.
Fair value modelled at €283,476 from the area baseline, adjusted for condition and location. Asking €385,000 sits €101,524 (26.4%) above — overpriced versus fair value.
Asking €385,000 versus the estrada Nova area baseline of €278,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 72 · Materials 75 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
estrada Nova
Area baseline €278,600 + condition -€17,412 + location +€22,288 = modelled fair value of €283,476 (€1,425/m²), a €101,524 (26.4%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €385,000 | €1,935 | — | 72 | 70 |
| avenida Carvalha | Active | €299,900 | €1,947 | 0.7% | 72 | 74 |
| rua João Vieira S / N | Active | €320,000 | €2,162 | 11.8% | 74 | 74 |
| rua Santa Filomena S / N | Active | €309,000 | €2,377 | 22.9% | 70 | 78 |
| Pedrouços · 25f8e0 | Active | €295,000 | €2,138 | 10.5% | 65 | 70 |
| Median comp | €304,450 | €2,150 | 11.1% | 71 | 74 |
Long-term rental The property’s listing price of €385,000 is 26.4% above its fair value of €283,476, indicating that it is overpriced for long-term rental potential. With a gross yield of 4.8%, the yield does not sufficiently justify the elevated price, reflecting less attractive rental returns in the current market. Family rental While the property is located in a suburban area of Greater Porto with proximity to economic and educational hubs, its current listing price of €385,000 exceeds its fair value by 26.4%, making it overpriced for family rental markets. Given the condition rating of 69 and neighborhood rating of 70, families may seek properties that are more aligned with market pricing for value and amenities. Buy-and-hold The investment as a buy-and-hold strategy becomes less appealing due to the property being overpriced at €385,000, which is 26.4% over its fair value of €283,476. With a modest gross yield of 4.8%, the potential gains may not adequately offset the risks associated with holding an asset in a market where the entry price is significantly inflated.
Economic and Tenant Stability Risk The economic stability score of 70/100 indicates a moderate level of economic strength, while a tenant stability score of 60/100 suggests potential volatility in occupancy and revenue generation, which could jeopardize returns.