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.
0-bedroom, 0-bathroom apartment of 68 m², built in 1992. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment's dual balcony access enhances natural light and outdoor appeal in both the living room and kitchen spaces, creating a more inviting atmosphere. Condition Notes: Although showing signs of wear, the property has been reasonably maintained, preserving its functionality and moderate quality finishes.
The valuation. The asking price of €193,000 is significantly higher than the fair value of €83,691, representing an excess of €109,309 (56.6%). This property is considered overpriced.
Fair value modelled at €83,691 from the area baseline, adjusted for condition and location. Asking €193,000 sits €109,309 (56.6%) above — overpriced versus fair value.
Asking €193,000 versus the Rio Tinto, Gondomar, Porto area baseline of €173,808 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €173,808 + condition -€19,125 + location +€7,616 = modelled fair value of €83,691 (€1,231/m²), a €109,309 (56.6%) gap versus the €193,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 23f2c2 | Subject | €193,000 | €2,838 | — | 60 | 70 |
| Rio Tinto · 99f40b | Active | €229,500 | €3,477 | 22.5% | — | 65 |
| rua de Costa Cabral, 913 | Active | €300,000 | €9,091 | 220.3% | 55 | 78 |
| rua António da Costa Viseu | Active | €189,900 | €2,967 | 4.5% | — | 66 |
| rua José Ribeiro da Silva | Active | €245,000 | €3,063 | 7.9% | — | 79 |
| Median comp | €237,250 | €3,270 | 15.2% | 55 | 72 |
Family rental The property in Rio Tinto is not ideal for family rental due to its overpriced listing of €193,000, which far exceeds the fair value of €83,691 by 56.6%. The yield of 4.6% along with a condition rating of 57/100 suggests that families may find better options in the area. Long-term rental As an investment for long-term rental, the apartment's listing price significantly deters potential returns, given that it is priced well above its fair market value. While the neighborhood has reliable access to amenities and employment, the high acquisition cost at €193,000 diminishes the attractiveness of this option. Buy-and-hold The buy-and-hold strategy is hindered by the substantial gap between the listing and fair values, rendering this property overpriced and less appealing for long-term wealth accumulation. Investors considering this strategy should seek properties with a closer alignment to fair market values for better potential returns.
Tenant fluctuation risk With a tenant stability score of 70/100, there is a moderate risk of tenant turnover impacting rental income and property cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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