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 duplex of 143 m², built in 1994, energy rating D. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The duplex includes a 24.15 m² garage, enhancing urban living convenience and storage solutions in a densely populated area. Condition Notes: The property requires updating to realize its full potential.
The valuation. The asking price of €240,000 is significantly above the fair value of €152,240, representing an overpricing of €87,760 (36.6%). This indicates that the property is not a wise investment at the current asking price.
Fair value modelled at €152,240 from the area baseline, adjusted for condition and location. Asking €240,000 sits €87,760 (36.6%) above — overpriced versus fair value.
Asking €240,000 versus the Rio Tinto, Gondomar, Porto area baseline of €200,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 (Condition 45 · Materials 42 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €200,200 + condition -€70,383 + location +€22,422 = modelled fair value of €152,240 (€1,065/m²), a €87,760 (36.6%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · ba59ac | Subject | €240,000 | €1,678 | — | 45 | 78 |
| Fânzeres e São Pedro da Cova · f36338 | Active | €282,000 | €2,311 | 37.7% | 42 | 72 |
| Gondomar (São Cosme), Valbom e Jovim · 82c732 | Active | €250,000 | €2,083 | 24.1% | 55 | 77 |
| rua de Medancelhe | Active | €257,500 | €1,981 | 18.0% | 54 | 71 |
| Rio Tinto · 95692f | Active | €240,000 | €1,678 | 0% | — | 73 |
| Median comp | €253,750 | €2,032 | 21.1% | 54 | 73 |
Long-term rental The property is overpriced at €240,000 compared to a fair value of €152,240, indicating a significant gap of 36.6%. While the gross yield of 6.2% may attract investors, the high purchase price diminishes the potential for long-term rental profitability. Family rental Given its condition score of 44/100 and the selling price exceeding fair value, this property may not be an attractive option for families seeking rental accommodations. Families typically prefer homes that offer better value for money, which this property does not provide due to its overpriced status. Buy-and-hold Investing in this duplex may not yield substantial returns in the long run as the property is overpriced at €240,000, significantly above its fair value. Any potential appreciation in value might not compensate for the initial overpayment, affecting the overall investment strategy. Not ideal for The property is not suitable for the luxury market, where higher standards in condition and amenities are expected. Similarly, student housing and short-term vacation rentals require better pricing and property conditions, making this duplex an unsuitable choice for those strategies.
Economic Sensitivity The property may be vulnerable to economic fluctuations given its economic stability score of 80, indicating potential volatility in rental income affected by broader market trends.
