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, 2-bathroom apartment of 137 m², built in 2001, energy rating B. Located Rio Tinto parish, Gondomar municipality, Porto district. This apartment uniquely features a spacious independent laundry room with a custom-made cabinet, enhancing storage solutions for urban living.
The valuation. The asking price of €321,000 is significantly above the fair value of €213,477, marking an overvaluation of €107,523 (33.5%). Consequently, this property does not represent a financially sound investment option at its current listing price.
Fair value modelled at €213,477 from the area baseline, adjusted for condition and location. Asking €321,000 sits €107,523 (33.5%) above — overpriced versus fair value.
Asking €321,000 versus the Rio Tinto, Gondomar, Porto area baseline of €191,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €191,800 + condition +€5,566 + location +€16,111 = modelled fair value of €213,477 (€1,558/m²), a €107,523 (33.5%) gap versus the €321,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 49b89a | Subject | €321,000 | €2,343 | — | 72 | 71 |
| travessa da Restauração, 22 | Active | €330,000 | €2,245 | 4.2% | 72 | 62 |
| praça Fernando Campos | Active | €358,000 | €2,754 | 17.5% | 72 | 71 |
| Pedrouços · e40adf | Active | €230,000 | €2,614 | 11.5% | 76 | 76 |
| rua Manuel de Sousa Casal | Active | €325,000 | €3,218 | 37.3% | 78 | 80 |
| Median comp | €327,500 | €2,684 | 14.6% | 74 | 74 |
Long-term rental The property’s current listing price of €321,000 exceeds its fair value of €213,477 by 33.5%, making it a less attractive option for long-term rental investments. With a gross yield of only 3.7%, the potential returns do not justify the high acquisition cost in this suburban setting. Family rental Given that the apartment is overpriced, families may be less inclined to pursue this property despite its adequate space. The moderate condition rating of 78/100 and neighborhood score of 71/100 do not compensate for the inflated price, limiting appeal to prospective tenants. Buy-and-hold As the property’s listing reflects a significant overvaluation, a buy-and-hold strategy would likely fail to yield satisfactory long-term capital appreciation. Investors must be cautious, as the lackluster yield and higher-than-expected entry price could hinder future profitability in the typical suburban market of Greater Porto.
Economic Fluctuation Risk The property, with economic and tenant stability scores both at 75/100, may face challenges during economic downturns that can result in increased vacancy rates or reduced rental income.
