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 100 m², built in 1995, energy rating E. Located on rua Fernão de Magalhães, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a practical laundry area and pantry, enhancing daily organization despite its signs of aging and need for updates.
The valuation. The asking price of €224,900 sits significantly above the fair value of €108,700, representing an overpriced situation by €116,200 or 51.7%. This indicates that potential buyers may be paying a premium for the property.
Fair value modelled at €108,700 from the area baseline, adjusted for condition and location. Asking €224,900 sits €116,200 (51.7%) above — overpriced versus fair value.
Asking €224,900 versus the rua Fernão de Magalhães area baseline of €255,600 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 44 · Materials 50 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Fernão de Magalhães
Area baseline €255,600 + condition -€42,500 + location +€11,200 = modelled fair value of €108,700 (€1,087/m²), a €116,200 (51.7%) gap versus the €224,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Fernão de Magalhães | Subject | €224,900 | €2,249 | — | 44 | 70 |
| Fânzeres e São Pedro da Cova · f36338 | Active | €282,000 | €2,311 | 2.8% | 42 | 72 |
| Baguim do Monte (Rio Tinto) · 25f85d | Active | €254,800 | €2,474 | 10.0% | — | 72 |
| rua São Francisco Xavier | Active | €274,500 | €2,665 | 18.5% | 60 | 75 |
| Baguim do Monte (Rio Tinto) · 96c588 | Active | €250,000 | €2,907 | 29.3% | 65 | 69 |
| Median comp | €264,650 | €2,570 | 14.3% | 60 | 72 |
Long-term rental The property presents a yield of 4.2%, which is relatively low considering the significant gap of 51.7% from its fair value. With a condition rating of 48/100, the long-term rental appeal may be limited as tenants often seek better-maintained options. Buy-and-hold Holding this property could pose a risk due to its overpriced status, with a fair value of €108,700 indicating that the current listing is not financially strategic. Furthermore, the neighbourhood rating of 70/100 suggests moderate potential, but may not be enough to warrant the inflated purchase price. Family rental While the neighbourhood may offer adequate amenities for families, the 51.7% gap from fair value indicates that this property is overpriced for the family rental market. The current condition rating further diminishes its appeal, as families typically prioritize homes that are in better condition. Not ideal for The luxury market may find this property particularly unattractive due to its low condition score and significant overvaluation. Similarly, short-term vacation rentals and student housing options would be limited by its overpriced status and inadequate condition.
Economic and Tenant Stability Risk The property, with both economic and tenant stability scores at 70/100, may face challenges in attracting and retaining tenants, leading to potential fluctuations in rental income and vacancy rates.
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