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 €327,978 (€2,466/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 €327,978 + 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
