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, 3-bathroom apartment of 201 m², built in 1997, energy rating E. Located on rua Dom Afonso Henriques, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment features a large private terrace oriented west, ensuring optimal afternoon sun exposure, and is equipped with a heat recovery system for enhanced thermal comfort.
The valuation. The asking price of €315,000 is above the fair value of €312,000 by €3,000 (1.0%), indicating it is overpriced. This premium suggests investors should proceed with caution regarding the investment potential. Buy-to-flip angle. A buy-to-flip strategy may struggle due to the property being overpriced; however, minor cosmetic enhancements could create value. Targeting a resale price above €315,000 would require significant market repositioning. Buy-to-let angle. The property offers a gross yield of 3.6%, with estimated rental income around €945/month, providing a steady cash flow. This yield suggests the apartment could be a viable option for long-term family rentals despite its valuation concerns.
Long-term rental This property offers a gross yield of 3.6%, indicating a modest return for an investor looking for a long-term rental opportunity. However, with a fair value of €312,000 and a listing price of €315,000, it is priced 1.0% above fair value, which may limit rental profitability. Buy-and-hold The area's proximity to Porto provides potential for capital appreciation, but the current listing price exceeds the fair value by 1.0%. Investors should consider that the property is OVERPRICED, potentially affecting its long-term holding viability. Family rental Given the competitive nature of family rentals in the Gondomar region, this property's fair value positioning might attract some interest. Nevertheless, with the current price of €315,000 being 1.0% OVERPRICED compared to the fair value, it may deter families seeking cost-effective living solutions.
Potential for Economic Downturn There is a risk that a slight decrease in the economic stability score from 75/100 could negatively impact tenant retention given the current tenant stability score of 70/100, leading to lower occupancy rates.