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.
1-bedroom, 2-bathroom apartment of 92 m², built in 2002. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment's central location in Rio Tinto offers exceptional accessibility to public transport and nearby amenities, while its bright living space enhances comfort and functionality. Valuation Verdict: Fair
The valuation. The asking price of €239,000 sits €194,409 above the fair value of €44,591, indicating that the property is significantly overpriced. It fails to align with market expectations based on the local economic context.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 261e8c | Subject | €239,000 | €2,598 | — | — | 73 |
| rua Tomás Barbosa Leão | Active | €210,000 | €3,000 | 15.5% | 70 | 73 |
| Rio Tinto · 25f8d2 | Active | €269,900 | €2,782 | 7.1% | 72 | 76 |
| rua Pedro Álvares Cabral | Active | €229,900 | €3,193 | 22.9% | 69 | 68 |
| avenida Professor Doutor Anibal Cavaco Silva | Active | €335,000 | €2,577 | 0.8% | 74 | 75 |
| Median comp | €249,900 | €2,891 | 11.3% | 71 | 74 |
Long-term rental The 1-bed apartment in Gondomar is overpriced, making it a less attractive option for long-term rental investments, given that the fair value is significantly lower than the listing price. The gross yield of 3.7% does not compensate for the 81.3% gap from fair value, suggesting limited rental income potential. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current pricing, which is 81.3% above fair value, indicating a potential loss on the asset over time. The lack of appreciation likely aligns with the property's condition score of 0/100, raising further concerns about long-term value retention. Family rental While the neighborhood has a relatively high score of 73/100, the apartment's overpriced listing at €239,000 undermines its feasibility as a family rental option. Families may prefer more reasonably priced alternatives in the area, especially given the poor condition rating of the property.
Economic downturn risk With an economic stability score of 80/100, there is a potential risk for a downturn which could impact rental income and occupancy rates.
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