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 132 m², built in 1988, energy rating D. Located on rua de Cabo Verde, Rio Tinto parish, Gondomar municipality, Porto district. This property features an attic with generous ceiling height, offering potential for an office or extra bedroom, and a sunroom balcony for year-round enjoyment.
The valuation. The asking price of €290,000 is significantly above fair value, which is estimated at €202,901, leaving a discrepancy of €87,100 (30.0%). This property is clearly overpriced.
Fair value modelled at €202,901 from the area baseline, adjusted for condition and location. Asking €290,000 sits €87,100 (30.0%) above — overpriced versus fair value.
Asking €290,000 versus the rua de Cabo Verde area baseline of €184,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua de Cabo Verde
Area baseline €184,800 + condition +€7,013 + location +€11,088 = modelled fair value of €202,901 (€1,537/m²), a €87,100 (30.0%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Cabo Verde | Subject | €290,000 | €2,197 | — | 75 | 65 |
| Campanhã · 6fb8fe | Active | €350,000 | €2,823 | 28.5% | 70 | 66 |
| rua Ramalho Ortigão | Active | €295,000 | €2,122 | 3.4% | 78 | 68 |
| rua de Díli | Active | €295,000 | €2,252 | 2.5% | 76 | 67 |
| rua Baixinho S / N | Active | €253,000 | €2,181 | 0.7% | 72 | 77 |
| Median comp | €295,000 | €2,217 | 0.9% | 74 | 68 |
Long-term rental The 3-bed apartment in Rio Tinto has a gross yield of 4.2%, but this is low in light of its 30.0% gap from the fair value of €202,901, indicating it is overpriced at €290,000. With a neighbourhood rating of only 65/100, long-term tenant quality may struggle, impacting overall rental viability. Family rental While the apartment is presented as a potential family rental, its current price reflects a significant 30.0% premium over fair value, making it a less attractive option for families seeking value. Additionally, the neighbourhood score of 65/100 suggests limitations in amenities and local attractions that could deter family interest. Buy-and-hold Investing in this property as a buy-and-hold strategy poses substantial risks, primarily due to its overpriced status at €290,000, which exceeds its fair value by 30.0%. The apartment's condition rating of 78/100 indicates decent maintenance, but this does not offset the financial imprudence of acquiring an overpriced asset for long-term appreciation.
Economic Vulnerability The property may face financial challenges due to an economic stability score of 75/100, indicating potential susceptibility to market fluctuations despite reasonable tenant stability at 60/100.
