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, 1-bathroom apartment of 111 m², built in 1997, energy rating D. Located on rua Santa Joana, 66, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment offers a laundry room and balcony, enhancing functionality and outdoor access in addition to its generous living space and proximity to local amenities.
The valuation. The asking price of €249,000 is significantly above the fair value of €151,225, making the property overpriced by €97,775 (39.3%). This discrepancy suggests caution for potential investors considering the market conditions.
Fair value modelled at €151,225 from the area baseline, adjusted for condition and location. Asking €249,000 sits €97,775 (39.3%) above — overpriced versus fair value.
Asking €249,000 versus the rua Santa Joana, 66 area baseline of €256,521 (€2,311/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 64 · Materials 70 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua Santa Joana, 66
Area baseline €256,521 + condition -€14,742 + location +€10,567 = modelled fair value of €151,225 (€1,362/m²), a €97,775 (39.3%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Santa Joana, 66 | Subject | €249,000 | €2,243 | — | 64 | 67 |
| rua Jaime Cortesão | Active | €190,000 | €2,262 | 0.8% | 75 | 67 |
| Fânzeres e São Pedro da Cova · e40b21 | Active | €120,000 | €2,034 | 9.3% | 72 | 77 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 20.4% | 70 | 76 |
| rua António Rodrigues Vale, 32 | Active | €230,000 | €2,150 | 4.2% | 72 | 70 |
| Median comp | €195,000 | €2,092 | 6.7% | 72 | 73 |
Long-term rental The 2-bed apartment in Baguim do Monte is currently priced at €249,000, which is significantly above its fair value of €151,225, resulting in a pricing gap of 39.3%. With a gross yield of only 3.9%, the investment returns do not justify the high initial cost, making this property a less desirable option for long-term rental. Family rental In the family rental market, this property is overpriced at €249,000 compared to the fair value of €151,225, resulting in a 39.3% gap that diminishes potential profitability. While its proximity to Porto may attract tenants, the yield of 3.9% and lower condition ratings suggest limited appeal to families seeking a value-driven rental. Buy-and-hold As a buy-and-hold investment, the property’s asking price of €249,000 significantly exceeds its fair value of €151,225, with a gap of 39.3% indicating overvaluation. The gross yield of 3.9% in a neighbourhood with average ratings raises concerns about long-term appreciation potential, making it a risky long-term hold option.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of market fluctuations affecting property values and tenant demand, which could impact overall investment returns negatively.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.