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 apartment of 66 m². Located on rua São Mamede, 20, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts customizable finishes, allowing buyers to personalize certain features before completion, alongside the modern aesthetic of its expansive enclosed balcony.
The valuation. The asking price of €275,000 is significantly above fair value, exceeding it by €165,480 or 60.2%. This property is considered overpriced in the current market. Buy-to-flip angle. A resale strategy targeting homebuyers can be pursued, but the substantial margin above fair market value may limit profitability. Flipping this apartment could present challenges in recouping investment costs. Buy-to-let angle. With an estimated rental income of €802/month, the gross yield stands at 3.5%. However, the high purchase price may constrain overall rental profitability over time.
Fair value modelled at €109,520 from the area baseline, adjusted for condition and location. Asking €275,000 sits €165,480 (60.2%) above — overpriced versus fair value.
Asking €275,000 versus the rua São Mamede, 20 area baseline of €92,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 (Condition 85 · Materials 80 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua São Mamede, 20
Area baseline €92,400 + condition +€8,250 + location +€8,870 = modelled fair value of €109,520 (€1,659/m²), a €165,480 (60.2%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Mamede, 20 | Subject | €275,000 | €4,167 | — | 85 | 74 |
| rua Padre António da Costa Leite, 41 | Active | €319,000 | €2,681 | 35.7% | 74 | 75 |
| Fânzeres e São Pedro da Cova · 49b95b | Active | €270,000 | €3,333 | 20.0% | 75 | 65 |
| rua Afonso de Albuquerque, 379 | Active | €285,000 | €3,167 | 24.0% | 84 | 70 |
| rua Alto de Barreiros | Active | €268,000 | €2,459 | 41.0% | 77 | 73 |
| Median comp | €277,500 | €2,924 | 29.8% | 76 | 72 |
Long-term rental The 2-bed apartment in Rio Tinto, listed at €275,000, is notably overpriced with a fair value of €109,520, presenting a significant gap of 60.2%. With a gross yield of 3.5%, the investment potential does not justify the current asking price, making it a less favorable option for long-term rental strategies. Buy-and-hold Investing in the 2-bed apartment in Rio Tinto at the listing price of €275,000 poses a challenge, as it exceeds the fair value of €109,520 by 60.2%. The potential for appreciation is limited given the current market conditions, reinforcing the notion that this property is overpriced and may not provide adequate returns over time. Family rental Although the 2-bed apartment in Rio Tinto is located in a suburban area with low crime rates and good amenities, the asking price of €275,000 significantly outstrips its fair value of €109,520, indicating a gap of 60.2%. The gross yield of 3.5% suggests that it may not be an ideal choice for family rental, as the property is indeed overpriced.
Tenant turnover risk: With both economic and tenant stability scores at 75/100, the property may face moderate tenant turnover, potentially impacting rental income stability.
