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, 4-bathroom house of 217 m², built in 2003, energy rating C. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: This property includes a versatile office space, ideal for remote work, along with an outdoor garden featuring a built-in barbecue area for entertaining guests.
The valuation. The asking price of €389,900 is significantly higher than the fair value of €325,731, representing an overvaluation of €64,169 (16.5%). This indicates the property is overpriced and may not offer adequate investment potential for buyers.
Fair value modelled at €325,731 from the area baseline, adjusted for condition and location. Asking €389,900 sits €64,169 (16.5%) above — overpriced versus fair value.
Asking €389,900 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €303,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 72 · Materials 75 · Room dimensions 78). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Baguim do Monte (Rio Tinto), Gondomar, Porto
Area baseline €303,800 + condition -€2,373 + location +€24,304 = modelled fair value of €325,731 (€1,501/m²), a €64,169 (16.5%) gap versus the €389,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 023986 | Subject | €389,900 | €1,797 | — | 72 | 70 |
| rua Montezelo, 882 | Active | €465,000 | €2,214 | 23.2% | 68 | 73 |
| rua Jornal de Notícias, 115 | Active | €449,000 | €1,879 | 4.6% | 72 | 73 |
| rua Oceano Índico, 60 | Active | €460,000 | €1,825 | 1.6% | 75 | 64 |
| rua das Mimosas S / N | Active | €439,500 | €1,677 | 6.6% | 79 | 72 |
| Median comp | €454,500 | €1,852 | 3.1% | 74 | 73 |
Long-term rental\nThe property presents a decent gross yield of 5.1%, yet it is priced at a 16.5% premium over its fair value of €325,731, indicating it may not generate optimal returns. Potential long-term tenants may find more competitively priced alternatives in the market, limiting demand for this property.\n\nFamily rental\nWhile the property is in a suburban area with typical residential safety, its 16.5% markup over fair value at €389,900 could deter families from choosing it over more reasonably priced options. The neighborhood's decent amenities may not be sufficient to justify the higher asking price in comparison to similar properties.\n\nBuy-and-hold\nDespite the attractive yield and proximity to Porto, this property being overpriced by 16.5% at €389,900 undermines its long-term investment appeal within a buy-and-hold strategy. Investors might find limiting capital appreciation potential due to the higher entry price compared to the fair value.
Potential Income Instability The combined economic and tenant stability scores of 70/100 indicate a moderate risk of fluctuations in rental income, which could affect cash flow and overall investment performance.
