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 house of 159 m², energy rating D. Located on rua Dom António Castro Meireles, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The lower floor's potential for conversion into an independent apartment enhances the property's versatility and income-generating opportunities, making it ideal for investors or multi-family living. Location Convenience: A bus stop right in front provides excellent accessibility for residents.
The valuation. The asking price of €350,000 is significantly higher than the fair value of €210,782, resulting in a markup of €139,218 (39.8%). This property is overpriced compared to its assessed value.
Fair value modelled at €210,782 from the area baseline, adjusted for condition and location. Asking €350,000 sits €139,218 (39.8%) above — overpriced versus fair value.
Asking €350,000 versus the rua Dom António Castro Meireles area baseline of €222,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 65 · Materials 60 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom António Castro Meireles
Area baseline €222,600 + condition -€32,297 + location +€20,479 = modelled fair value of €210,782 (€1,326/m²), a €139,218 (39.8%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom António Castro Meireles | Subject | €350,000 | €2,201 | — | 65 | 73 |
| rua Dom António Castro Meireles | Active | €350,000 | €2,201 | 0% | 58 | 65 |
| rua Tulipas | Active | €349,900 | €1,944 | 11.7% | 70 | 74 |
| rua António Enes, 101 | Active | €320,000 | €2,207 | 0.3% | 67 | 74 |
| Águas Santas · 0017ef | Active | €469,000 | €1,804 | 18.1% | 60 | 67 |
| Median comp | €349,950 | €2,073 | 5.8% | 64 | 71 |
Long-term rental Given the gross yield of 3%, this property does not offer adequate return potential for a long-term rental strategy. Furthermore, the significant gap of 39.8% from fair value suggests that the property is overpriced compared to other investment opportunities in the area. Family rental While the neighborhood scores 73/100 indicating decent amenities and tenant quality, the fair value reveals that this property is overpriced at €350,000. This elevated price point may limit appeal to families seeking affordable housing options in the Baguim do Monte area. Buy-and-hold The property’s condition rating of 62/100 indicates that it may require improvements, further compounding its already overpriced listing of €350,000. A buy-and-hold strategy may not yield desirable returns given the significant discrepancy between the listing price and its fair value of €210,782.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy rates and associated costs.
