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, 3-bathroom apartment of 154 m², built in 2001. Located on rua Manuel Serra S / N, Rio Tinto parish, Gondomar municipality, Porto district. This apartment boasts three independent balconies, offering versatile outdoor spaces with stunning views, and features pre-installation for electric car charging in the garage.
The valuation. The asking price of €398,500 is significantly above the fair value of €232,707, representing an overpricing of €165,793 (41.6%). This suggests that the property is overpriced in the current market conditions.
Fair value modelled at €232,707 from the area baseline, adjusted for condition and location. Asking €398,500 sits €165,793 (41.6%) above — overpriced versus fair value.
Asking €398,500 versus the rua Manuel Serra S / N area baseline of €215,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Serra S / N
Area baseline €215,600 + condition +€722 + location +€16,386 = modelled fair value of €232,707 (€1,511/m²), a €165,793 (41.6%) gap versus the €398,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Serra S / N | Subject | €398,500 | €2,588 | — | 72 | 69 |
| Fânzeres e São Pedro da Cova · 26214b | Active | €360,000 | €2,432 | 6.0% | 70 | 73 |
| estrada Nova | Active | €309,000 | €2,687 | 3.8% | 74 | 75 |
| rua Alto de Barreiros | Active | €268,000 | €2,459 | 5.0% | 77 | 73 |
| travessa Boavista | Active | €365,000 | €3,042 | 17.5% | 78 | 74 |
| Median comp | €334,500 | €2,573 | 0.6% | 76 | 74 |
Long-term rental This 3-bed apartment in Rio Tinto is overpriced by 41.6% against its fair value, limiting potential for robust long-term rental returns. With a gross yield of only 2.8%, investors may find it challenging to secure satisfactory returns in a suburban area with average tenant quality. Buy-and-hold The current asking price of €398,500 positions this property as overpriced, which may hinder capital appreciation over time. With a fair value of €232,707, the investment offers little margin for growth in a neighborhood with a moderate condition rating of 69/100. Family rental For a family rental strategy, the apartment's 41.6% gap from fair value suggests it may not attract budget-conscious tenants looking for value in the Gondomar area. The neighborhood's average amenities and condition ratings indicate that while it could serve as a family rental, its overpriced status diminishes its appeal. Short-term vacation rental Given its overpriced nature at €398,500, this property does not present a viable option for a short-term vacation rental investment. The yield of 2.8% coupled with a less-than-ideal condition score indicates limited appeal for short-term renters in this suburban location. Luxury market This apartment in Rio Tinto is overpriced and does not meet the criteria typically expected in the luxury market. With average neighborhood scoring and an overall condition score of 75/100, it fails to offer the attributes desired by luxury buyers.
Economic Vulnerability The property faces economic risk due to a score of 65/100, indicating potential volatility in market conditions that could affect tenant demand and rental income.