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 90 m², built in 1957, energy rating C. Located on rua Afonso de Albuquerque, 379, Rio Tinto parish, Gondomar municipality, Porto district. This apartment boasts a generous balcony and sunroom that enhance the living space, perfect for enjoying Rio Tinto's climate year-round.
The valuation. The asking price of €285,000 sits significantly above the fair value of €147,330, representing an overvaluation of €137,670 (48.3%). Thus, this property is considered overpriced.
Fair value modelled at €147,330 from the area baseline, adjusted for condition and location. Asking €285,000 sits €137,670 (48.3%) above — overpriced versus fair value.
Asking €285,000 versus the rua Afonso de Albuquerque, 379 area baseline of €126,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 84 · Materials 88 · Room dimensions 82). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Afonso de Albuquerque, 379
Area baseline €126,000 + condition +€11,250 + location +€10,080 = modelled fair value of €147,330 (€1,637/m²), a €137,670 (48.3%) gap versus the €285,000 asking price.
Long-term rental The property is priced at €285,000, which represents a 48.3% gap compared to its fair value of €147,330, indicating it is overpriced for a long-term rental investment. With a gross yield of 3.7% and a neighbourhood score of 70/100, the financial metrics do not justify the asking price for sustained rental income. Family rental At €285,000, the apartment exceeds the fair value by 48.3%, making it an overpriced option for family rental purposes. While the condition rating is decent at 85/100, the rental yield of 3.7% does not compensate for the inflated entry price in the current market. Buy-and-hold Given that the apartment is currently priced 48.3% above its fair value of €147,330, it is overpriced for a long-term buy-and-hold strategy. Even though the property has a fairly good condition and a moderate neighbourhood quality, the yield of 3.7% is unlikely to provide satisfactory returns over time due to the elevated purchase price.
Increased Vacancy Risk Tenants may be more likely to vacate the property due to the lower tenant stability score of 65/100, which could lead to increased vacancy rates and reduced rental income.