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 penthouse of 118 m², built in 1988, energy rating C. Located on praceta Perlinhas, 36, Rio Tinto parish, Gondomar municipality, Porto district. This property features a 32 m² terrace that connects all rooms, enhancing spatial flow and providing exceptional solar exposure ideal for outdoor enjoyment throughout the year.
The valuation. The asking price of €257,500 is significantly above the fair value of €177,463, representing an overpriced situation at €80,037 (31.1% above fair value). This discrepancy suggests caution for potential investors. Buy-to-flip angle. A buy-to-flip strategy may be limited due to the high purchase price, but there is potential for cashing in on improvements made to the property's modern finishes. Targeting a resale close to €257,500 could require substantial market appreciation. Buy-to-let angle. With an estimated gross yield of 3.6% at a monthly rental income of approximately €773, this property can serve as a long-term rental investment. Its suburban appeal and proximity to Porto make it attractive to families seeking rental properties.
Fair value modelled at €177,463 from the area baseline, adjusted for condition and location. Asking €257,500 sits €80,037 (31.1%) above — overpriced versus fair value.
Asking €257,500 versus the praceta Perlinhas, 36 area baseline of €165,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
praceta Perlinhas, 36
Area baseline €165,200 + condition +€369 + location +€11,894 = modelled fair value of €177,463 (€1,504/m²), a €80,037 (31.1%) gap versus the €257,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Perlinhas, 36 | Subject | €257,500 | €2,182 | — | 72 | 68 |
| Rio Tinto · 3897bd | Active | €235,000 | €1,632 | 25.2% | 74 | 77 |
| rua Nicolau Coelho | Active | €325,000 | €2,305 | 5.6% | 75 | 69 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 0.5% | 72 | 74 |
| estrada Nova | Active | €275,000 | €2,022 | 7.3% | 70 | 69 |
| Median comp | €262,500 | €2,108 | 3.4% | 73 | 72 |
Long-term rental The 2-bed penthouse in Rio Tinto is priced at €257,500, which represents a 31.1% gap above its fair value of €177,463. With a gross yield of only 3.6% and a condition rating of 75/100, it does not present a compelling case for long-term rental investment. Buy-and-hold At €257,500, this property is overpriced compared to its fair value of €177,463, indicating a 31.1% discrepancy that undermines its potential for appreciation. Combined with a lower neighborhood rating of 68/100, the buy-and-hold strategy is not advisable here. Family rental While the property's location near Porto offers suburban safety and accessibility to schools, the €257,500 listing price is significantly above the fair value of €177,463, creating a 31.1% gap. This inflated pricing, alongside a modest yield of 3.6%, suggests that it may be challenging to attract quality family tenants willing to pay a premium for the unit.
Economic and Tenant Inconsistency The combined stability score of 70/100 indicates a moderate level of risk, suggesting potential fluctuations in both the economy and tenant commitments that could adversely affect rental income.