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 119 m², built in 2002, energy rating C. Located on rua Padre António da Costa Leite, 41, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a garage specifically equipped for electric vehicle charging, enhancing convenience for eco-conscious residents.
The valuation. The asking price of €319,000 is considerably above fair value, which is estimated at €186,049. This results in an overpricing of €132,951, or 41.7%.
Fair value modelled at €186,049 from the area baseline, adjusted for condition and location. Asking €319,000 sits €132,951 (41.7%) above — overpriced versus fair value.
Asking €319,000 versus the rua Padre António da Costa Leite, 41 area baseline of €166,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 79 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Padre António da Costa Leite, 41
Area baseline €166,600 + condition +€2,789 + location +€16,660 = modelled fair value of €186,049 (€1,563/m²), a €132,951 (41.7%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre António da Costa Leite, 41 | Subject | €319,000 | €2,681 | — | 74 | 75 |
| rua Doutor Armando José Pereira Tavares | Active | €280,000 | €2,240 | 16.4% | 68 | 70 |
| rua São Mamede, 20 | Active | €275,000 | €4,167 | 55.4% | 85 | 74 |
| Fânzeres e São Pedro da Cova · 49b95b | Active | €270,000 | €3,333 | 24.3% | 75 | 65 |
| estrada Nova | Active | €309,000 | €2,687 | 0.2% | 74 | 75 |
| Median comp | €277,500 | €3,010 | 12.3% | 75 | 72 |
Long-term rental The property’s current listing at €319,000 represents an excessive premium of 41.7% over its fair value of €186,049, making it an unappealing option for long-term rental investments. The gross yield of 3.4% does not sufficiently compensate for this overvaluation, likely resulting in lower long-term returns. Family rental With the local neighborhood qualities of safety and school ratings, the property might seem suitable for family rental; however, the significant gap to fair value indicates it is overpriced at €319,000. This pricing diminishes the opportunity for generating attractive rental income in a competitive family-oriented market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its 41.7% overvaluation, as it places the potential for growth and appreciation at risk. The yield of 3.4% does not justify the current listing price, leading to concerns over long-term profitability in a steadily maturing market.
Moderate tenant turnover risk The economic and tenant stability scores of 75/100 indicate a moderate likelihood of tenant turnover, which could impact consistent rental income.
