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 2008, energy rating B. Located Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a cozy fireplace in the living room, enhancing warmth and atmosphere, along with a conveniently equipped laundry/marquis that adds functional space.
The valuation. The asking price of €297,000 is significantly above fair value, which sits at €182,717, indicating the property is overpriced by €114,283 (38.5%). Buy-to-flip angle. A resale strategy may depend on market improvements, aiming to sell the property for a higher price after renovations and upgrades. Buy-to-let angle. A rental income strategy offers a gross yield of 3.8%, generating an estimated €940 in monthly rental income, appealing to long-term tenants in the suburban area.
Fair value modelled at €182,717 from the area baseline, adjusted for condition and location. Asking €297,000 sits €114,283 (38.5%) above — overpriced versus fair value.
Asking €297,000 versus the Rio Tinto, Gondomar, Porto 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 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €166,600 + condition +€2,789 + location +€13,328 = modelled fair value of €182,717 (€1,535/m²), a €114,283 (38.5%) gap versus the €297,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · cfe26e | Subject | €297,000 | €2,496 | — | 72 | 70 |
| rua Henrique Machado | Active | €297,000 | €2,496 | 0% | 78 | 74 |
| rua da Portelinha, 452 | Active | €296,000 | €2,819 | 13.0% | 80 | 67 |
| rua Manuel de Sousa Casal | Active | €325,000 | €3,218 | 28.9% | 78 | 80 |
| rua Dom António Ferreira Gomes S / N | Active | €338,000 | €2,522 | 1.1% | 75 | 73 |
| Median comp | €311,000 | €2,671 | 7.0% | 78 | 74 |
Long-term rental The property's current listing price of €297,000 significantly exceeds its fair value of €182,717, suggesting it carries a 38.5% gap that undermines the viability of a long-term rental strategy. With a gross yield of only 3.8%, the return on investment is insufficient to justify the premium price. Family rental Given the listing price well above the fair value, the property sits at a considerable 38.5% markup, which may deter families seeking value in their housing options. Additionally, the neighborhood's average quality ratings further indicate that the high asking price does not align with the expectations of family tenants. Buy-and-hold At €297,000, the property is overpriced compared to its fair value of €182,717, resulting in a disappointing return on investment that complicates a buy-and-hold strategy. The relatively low gross yield of 3.8% also raises questions about the asset’s long-term financial performance potential in the current market. Not ideal for luxury market The property does not fit within the luxury market parameters due to its significant price overvaluation, which would not appeal to high-end buyers. With a condition rating of 77/100, it lacks the prestige typically expected in luxury offerings. Not ideal for student housing The property’s valuation at €297,000 makes it impractical for student housing, as the high price point limits affordability for the target demographic. Furthermore, the condition and neighborhood ratings do not align with the expectations of student tenants seeking practical living situations.
Economic vulnerability The economic stability score of 75 indicates moderate risk, while the tenant stability score of 70 suggests potential fluctuations in rental income and tenant turnover may impact overall investment performance adversely.
