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, 3-bathroom apartment of 145 m², built in 2021, energy rating A. Located on rua Mestre Joaquim Pereira Ramos, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Feature: The apartment boasts exceptional solar exposure from both east and west, ensuring bright interiors throughout the day, which enhances energy efficiency and overall ambiance.
The valuation. The asking price of €400,000 is significantly above the fair value of €235,741, marking an overvaluation of €164,259 (41.1%). This discrepancy suggests a lack of alignment with the current market conditions.
Fair value modelled at €235,741 from the area baseline, adjusted for condition and location. Asking €400,000 sits €164,259 (41.1%) above — overpriced versus fair value.
Asking €400,000 versus the rua Mestre Joaquim Pereira Ramos area baseline of €357,570 (€2,466/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 82 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Mestre Joaquim Pereira Ramos
Area baseline €357,570 + condition +€18,125 + location +€14,616 = modelled fair value of €235,741 (€1,626/m²), a €164,259 (41.1%) gap versus the €400,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Mestre Joaquim Pereira Ramos | Subject | €400,000 | €2,759 | — | 82 | 68 |
| praça Fernando Campos | Active | €358,000 | €2,754 | 0.2% | 72 | 71 |
| rua Manuel de Sousa Casal | Active | €325,000 | €3,218 | 16.6% | 78 | 80 |
| rua Dom António Ferreira Gomes S / N | Active | €338,000 | €2,522 | 8.6% | 75 | 73 |
| rua da Portelinha, 452 | Active | €296,000 | €2,819 | 2.2% | 80 | 67 |
| Median comp | €331,500 | €2,787 | 1.0% | 77 | 72 |
Long-term rental This property appears overpriced at €400,000 compared to the fair value of €235,741, resulting in a notable gap of 41.1%. With a gross yield of just 3.1%, it may not be an optimal choice for generating steady long-term rental income. Family rental As a family rental option, this property is overpriced, making it less appealing to potential tenants who seek value for money in a suburban area. Furthermore, the neighbourhood's tenant turnover could impact the stability of rental income, particularly given the current valuation. Buy-and-hold Holding this property as a buy-and-hold investment strategy is questionable due to its overpriced status of €400,000 against a fair value of €235,741, suggesting limited appreciation potential. The economic environment and tenant quality in the area may further complicate returns on this investment over time.
Economic Vulnerability With an economic stability score of 65/100, the property may face fluctuations in market conditions that could affect occupancy rates and rental income.