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 apartment of 120 m², built in 2000, energy rating C. Located on travessa Boavista, Rio Tinto parish, Gondomar municipality, Porto district. This apartment includes a walk-in closet in the master suite, offering enhanced storage and organization, alongside modern appliances that complement the contemporary aesthetic.
The valuation. The asking price of €365,000 is substantially above its fair value of €195,753, indicating an overvaluation of €169,247 (46.4%). This price point does not represent a financially sound investment opportunity.
Fair value modelled at €195,753 from the area baseline, adjusted for condition and location. Asking €365,000 sits €169,247 (46.4%) above — overpriced versus fair value.
Asking €365,000 versus the travessa Boavista area baseline of €168,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 (Condition 78 · Materials 85 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
travessa Boavista
Area baseline €168,000 + condition +€11,625 + location +€16,128 = modelled fair value of €195,753 (€1,631/m²), a €169,247 (46.4%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Boavista | Subject | €365,000 | €3,042 | — | 78 | 74 |
| rua Alto de Barreiros | Active | €268,000 | €2,459 | 19.2% | 77 | 73 |
| Fânzeres e São Pedro da Cova · 4b975f | Active | €309,000 | €2,472 | 18.7% | 70 | 76 |
| estrada Nova | Active | €309,000 | €2,687 | 11.7% | 74 | 75 |
| Fânzeres e São Pedro da Cova · 49b95b | Active | €270,000 | €3,333 | 9.6% | 75 | 65 |
| Median comp | €289,500 | €2,580 | 15.2% | 75 | 74 |
Long-term rental The property is not well-positioned for long-term rental due to its substantial gap from fair value, indicating that the current pricing may deter potential tenants. With a gross yield of only 3.2%, the investment returns may be modest relative to the purchase price. Buy-and-hold Investing in this property as a buy-and-hold strategy is likely unattractive given its overpriced status, as the 46.4% premium over fair value may hinder future appreciation. The current yield of 3.2% does not justify the elevated entry point for long-term growth potential. Family rental While the apartment could appeal to families due to its suburban location, the excessive price of €365,000 suggests that the investment may not deliver satisfactory returns. The lower-than-expected yield of 3.2% combined with the gap from fair value makes it a less compelling choice for family rental opportunities.
Economic Vulnerability The economic stability score of 70/100 indicates potential susceptibility to downturns, which might affect rental income stability.