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, 1-bathroom apartment of 98 m², built in 1996, energy rating C. Located on rua Dom António Castro Meireles, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. This apartment includes exclusive access to a private terrace, perfect for outdoor relaxation and entertaining, enhancing its appeal within an urban environment.
The valuation. The asking price of €245,000 is significantly above the fair value of €156,828, indicating it is overpriced by €88,172 (36.0%). This disparity suggests that potential investors may want to negotiate aggressively or reconsider this option entirely. Buy-to-flip angle. A buy-to-flip strategy for this property would involve making cosmetic improvements to capitalize on the existing high-quality materials and modern fixtures to target resale at a profit. The focus would be on enhancing market appeal within the growing Gondomar area. Buy-to-let angle. A rental income strategy projects an estimated gross yield of 4.4%, equating to approximately €898/month. This approach aims to attract tenants seeking quality accommodation near Porto, ensuring consistent cash flow from the investment.
Fair value modelled at €156,828 from the area baseline, adjusted for condition and location. Asking €245,000 sits €88,172 (36.0%) above — overpriced versus fair value.
Asking €245,000 versus the rua Dom António Castro Meireles area baseline of €226,478 (€2,311/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 80 · Materials 76 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom António Castro Meireles
Area baseline €226,478 + condition +€5,359 + location +€14,269 = modelled fair value of €156,828 (€1,600/m²), a €88,172 (36.0%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom António Castro Meireles | Subject | €245,000 | €2,500 | — | 80 | 76 |
| rua Alto de Barreiros S / N | Active | €265,000 | €3,533 | 41.3% | 75 | 74 |
| Baguim do Monte (Rio Tinto) · 49b8a8 | Active | €286,500 | €3,219 | 28.8% | 80 | 73 |
| rua Manuel Marques de Sá Junior | Active | €268,000 | €2,310 | 7.6% | 70 | 72 |
| travessa Boavista | Active | €262,500 | €2,599 | 4.0% | 75 | 75 |
| Median comp | €266,500 | €2,909 | 16.4% | 75 | 74 |
Long-term rental The €245,000 price tag reflects a 36.0% gap above the fair value of €156,828, indicating that this investment is overpriced. With a gross yield of only 4.4% and a condition score of 79/100, it may struggle to generate attractive returns for long-term rental purposes. Family rental While Baguim do Monte offers decent amenities and a low crime rate, the €245,000 listing price is significantly above the fair value of €156,828, marking it as overpriced. The overall tenant quality and neighborhood condition may appeal to families, but the investment’s 4.4% yield does not justify the high acquisition cost. Buy-and-hold Investing in this 2-bed apartment at €245,000 seems unwise, as it is overpriced by 36% compared to its fair value of €156,828. The potential for capital appreciation is hindered by the already high entry price coupled with a modest yield of 4.4%, making buy-and-hold a less attractive strategy.
Economic Vulnerability With an economic stability score of 75/100, there is a moderate risk that economic downturns could negatively impact tenant demand and rental income, while a tenant stability score of 70/100 suggests potential challenges in retaining reliable tenants.
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