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 97 m², built in 2005. Located Rio Tinto parish, Gondomar municipality, Porto district. This property features two balconies with excellent sun exposure, enhancing the living space's ambiance and providing additional outdoor enjoyment.
The valuation. The asking price of €269,900 is significantly above its fair value of €139,769, representing a 48.2% overvaluation. This indicates that the property is overpriced compared to market conditions.
Fair value modelled at €139,769 from the area baseline, adjusted for condition and location. Asking €269,900 sits €130,131 (48.2%) above — overpriced versus fair value.
Asking €269,900 versus the Rio Tinto, Gondomar, Porto area baseline of €135,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 72 · Materials 74 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €135,800 + condition -€10,155 + location +€14,123 = modelled fair value of €139,769 (€1,441/m²), a €130,131 (48.2%) gap versus the €269,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 25f8d2 | Subject | €269,900 | €2,782 | — | 72 | 76 |
| rua Doutor Armando José Pereira Tavares | Active | €280,000 | €2,240 | 19.5% | 68 | 70 |
| travessa Ferraria | Active | €259,500 | €3,244 | 16.6% | 64 | 73 |
| rua Padre António da Costa Leite, 41 | Active | €319,000 | €2,681 | 3.7% | 74 | 75 |
| avenida de Fernão de Magalhães | Active | €365,000 | €3,147 | 13.1% | — | 76 |
| Median comp | €299,500 | €2,914 | 4.7% | 68 | 74 |
Long-term rental Given the 48.2% gap between the listing price of €269,900 and the fair value of €139,769, this property is overpriced for long-term rental investment. While the neighborhood boasts a decent safety rating and amenities, the gross yield of 4.2% does not support the elevated asking price. Family rental With a current assessment indicating the property is overpriced, investing in this 2-bed apartment for family rental purposes is not advisable. Although the neighborhood itself scores well, the inflated price makes it a less attractive option for families seeking value and quality. Buy-and-hold The significant markup reflected in the listing price suggests that the property is overpriced for a buy-and-hold strategy. While rental demand could potentially support growth, the disparity from fair value raises concerns about future returns and equity appreciation.
Potential Economic Decline The economic stability score of 75/100 suggests there may be vulnerabilities in the local economy, which could adversely affect tenant retention and rental income.
