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 113 m², built in 2006. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment boasts a modern kitchen equipped with high-quality appliances and an independent laundry room, enhancing convenience and functionality for everyday living.
The valuation. The asking price of €339,900 is significantly above its fair value of €177,536, representing a markup of €162,364 or 47.8%. This property is considered overpriced and presents significant initial investment risk.
Fair value modelled at €177,536 from the area baseline, adjusted for condition and location. Asking €339,900 sits €162,364 (47.8%) above — overpriced versus fair value.
Asking €339,900 versus the Rio Tinto, Gondomar, Porto area baseline of €158,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 80 · Materials 75 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €158,200 + condition +€7,945 + location +€11,390 = modelled fair value of €177,536 (€1,571/m²), a €162,364 (47.8%) gap versus the €339,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · f36081 | Subject | €339,900 | €3,008 | — | 80 | 68 |
| avenida General Humberto Delgado | Active | €335,000 | €2,597 | 13.7% | 73 | 81 |
| rua Alto de Barreiros | Active | €268,000 | €2,459 | 18.3% | 77 | 73 |
| Rio Tinto · f35dce | Active | €299,000 | €2,848 | 5.3% | 78 | 70 |
| estrada Nova | Active | €309,000 | €2,687 | 10.7% | 74 | 75 |
| Median comp | €304,000 | €2,642 | 12.2% | 76 | 74 |
Long-term rental The property is priced at €339,900, significantly above the fair value of €177,536, indicating a 47.8% gap that makes it overpriced. With a gross yield of 3.8% and a neighbourhood rating of 68/100, this investment does not offer adequate returns or stability for long-term rental opportunities. Family rental At €339,900, this apartment is overpriced compared to its fair value of €177,536, which presents a worrying 47.8% gap. The property’s condition is rated at 80/100, but with a gross yield of only 3.8% and location ratings, it may struggle to attract families while justifying its high asking price. Buy-and-hold Given the valuation of €339,900 versus the fair value of €177,536, this property demonstrates a 47.8% overpricing that negates its appeal for a buy-and-hold investment strategy. Although the condition is good with a rating of 80/100, the projected returns at a 3.8% yield do not support a compelling long-term hold perspective.
Tenant turnover risk The tenant stability score of 60/100 indicates a potential for increased tenant turnover, which could lead to vacancies and loss of rental income.