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 139 m², energy rating D. Located on rua Ramalho Ortigão, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a cozy fireplace in the living room and a versatile third bedroom that can be converted into an office or leisure area.
The valuation. The asking price of €295,000 is significantly above the fair value of €222,728, reflecting an overpricing of €72,272 (24.5%). Thus, the property is not aligned with market norms. Buy-to-flip angle. A buy-to-flip strategy would aim to renovate the apartment, enhancing its appeal before re-listing at a lower asking price to attract buyers in this competitive market. Buy-to-let angle. With an estimated rental income of €1,032 per month, this property offers a gross yield of 4.2%, making it a potential option for long-term rental in a neighborhood benefiting from proximity to Porto's economy.
Fair value modelled at €222,728 from the area baseline, adjusted for condition and location. Asking €295,000 sits €72,272 (24.5%) above — overpriced versus fair value.
Asking €295,000 versus the rua Ramalho Ortigão area baseline of €342,774 (€2,466/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 78 · Materials 85 · 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 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Ramalho Ortigão
Area baseline €342,774 + condition +€14,117 + location +€14,011 = modelled fair value of €222,728 (€1,602/m²), a €72,272 (24.5%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ramalho Ortigão | Subject | €295,000 | €2,122 | — | 78 | 68 |
| rua Santo Isidro, 91 | Active | €500,000 | €3,846 | 81.2% | 79 | 78 |
| rua da Alegria | Active | €500,000 | €3,704 | 74.5% | 75 | 80 |
| rua Santo Isidro, 91 | Active | €500,000 | €3,817 | 79.8% | 85 | 78 |
| Fânzeres e São Pedro da Cova · 49b8ef | Active | €316,500 | €2,293 | 8.1% | 78 | 73 |
| Median comp | €500,000 | €3,761 | 77.2% | 79 | 78 |
Long-term rental The 3-bed apartment in Gondomar is currently overpriced at €295,000, representing a 24.5% gap from its fair value of €222,728. With a gross yield of 4.2%, potential returns may not justify the current asking price given the area's economic and tenant quality indicators. Family rental This property, appealing for family rental purposes, is not aligned with the financial expectations due to its overpriced status at €295,000, significantly above the fair value. The neighborhood's average ratings indicate limited upside potential, rendering this strategy less attractive at the current price point. Buy-and-hold While buy-and-hold strategies typically benefit from long-term appreciation, the current listing price of €295,000 is excessively high compared to the fair value of €222,728. With a neighborhood rating of 68/100, this investment may struggle to achieve the expected returns that would normally uphold a solid buy-and-hold case.
Economic Volatility Risk With an economic stability score of 70/100 and a tenant stability score of 65/100, there is a risk of fluctuations in rental income due to potential economic downturns affecting tenant occupancy rates.
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