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 133 m², built in 1997. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features dual balconies, offering ample outdoor space and natural light, along with a convenient storage room for urban living needs.
The valuation. The asking price of €280,000 sits significantly above fair value at €174,947, creating an excess of €105,053 (37.5%). This property is considered overpriced.
Fair value modelled at €174,947 from the area baseline, adjusted for condition and location. Asking €280,000 sits €105,053 (37.5%) above — overpriced versus fair value.
Asking €280,000 versus the estrada Nova area baseline of €186,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 58 · Materials 65 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
estrada Nova
Area baseline €186,200 + condition -€27,639 + location +€16,386 = modelled fair value of €174,947 (€1,315/m²), a €105,053 (37.5%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €280,000 | €2,105 | — | 58 | 72 |
| rua São Brás | Active | €265,000 | €2,366 | 12.4% | 73 | 73 |
| Rio Tinto · 001c0e | Active | €275,000 | €2,148 | 2.1% | 70 | 73 |
| avenida Carvalha | Active | €299,900 | €1,947 | 7.5% | 72 | 74 |
| rua de Medancelhe | Active | €257,500 | €1,981 | 5.9% | 54 | 71 |
| Median comp | €270,000 | €2,065 | 1.9% | 71 | 73 |
Long-term rental This 2-bed apartment in Gondomar presents a gross yield of 3.6%, which is underwhelming compared to the local rental market potential. With the property priced at €280,000 but valued at only €174,947, it clearly exceeds fair market value, indicating a high financial risk for long-term investment. Buy-and-hold The current condition score of 62/100 suggests significant repairs or updates may be necessary, impacting future returns. At a 37.5% premium over its fair value, the property's appreciation potential is diminished, reflecting a less attractive buy-and-hold opportunity. Family rental Although the neighbourhood has a decent score of 72/100, indicating a fair living environment, the elevated price point hampers the viability of a family rental strategy. With the property being overpriced, it is likely to face challenges in attracting suitable long-term tenants at this price level. Not ideal for Short-term rental, Luxury market, Student housing
Economic and Tenant Instability Risk Both economic stability and tenant stability are rated at 70/100, indicating a moderate risk level due to potential fluctuations in income and occupancy rates.
