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 107 m², built in 2002, energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes upgraded double-glazed windows for enhanced energy efficiency and sound insulation, as well as a spacious balcony accessible from the living room. Parking: Convenient private parking space with automated access for added security and ease of access.
The valuation. The asking price of €255,000 is considerably above the fair value of €162,146, resulting in a premium of €92,854 or 36.4%. This property is characterized as overpriced.
Fair value modelled at €162,146 from the area baseline, adjusted for condition and location. Asking €255,000 sits €92,854 (36.4%) above — overpriced versus fair value.
Asking €255,000 versus the estrada Nova area baseline of €263,862 (€2,466/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 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada Nova
Area baseline €263,862 + condition -€836 + location +€13,182 = modelled fair value of €162,146 (€1,515/m²), a €92,854 (36.4%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €255,000 | €2,383 | — | 72 | 72 |
| Baguim do Monte (Rio Tinto) · 0018ef | Active | €269,000 | €2,381 | 0.1% | 70 | 74 |
| rua Aquilino Ribeiro | Active | €269,000 | €2,381 | 0.1% | 68 | 68 |
| rua de Díli | Active | €248,000 | €2,195 | 7.9% | 77 | 70 |
| Rio Tinto · 001c0e | Active | €275,000 | €2,148 | 9.8% | 70 | 73 |
| Median comp | €269,000 | €2,288 | 4.0% | 70 | 72 |
Long-term rental The property is overpriced at €255,000 compared to the fair value of €162,146, indicating a significant 36.4% gap. With a gross yield of 4.2%, it fails to offer an attractive return in the current rental market, especially with its average neighborhood rating of 72/100. Family rental At €255,000, the 2-bed apartment in Gondomar exceeds its fair value significantly, rendering it overpriced for potential family rental investments. Given the condition rating of 75/100, this property may not attract families seeking quality housing at competitive rates. Buy-and-hold Despite having a decent gross yield of 4.2%, the property is overpriced at €255,000, falling short of the fair value of €162,146. The 36.4% gap could lead to disappointing returns for investors looking to hold this property for long-term appreciation.
Economic Vulnerability The economic stability score of 75 indicates a moderate potential for economic fluctuations that could negatively impact property value and rental income.
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