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, 0-bathroom apartment of 107 m², energy rating D. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The property boasts an impressive common outdoor space ideal for family gatherings and recreational activities, complemented by its raised ground floor position allowing for enhanced privacy and natural light.
The valuation. The asking price of €360,000 is significantly above the fair value of €172,888, representing a 52.0% premium. This property is evaluated as overpriced based on current market conditions.
Fair value modelled at €172,888 from the area baseline, adjusted for condition and location. Asking €360,000 sits €187,112 (52.0%) above — overpriced versus fair value.
Asking €360,000 versus the Rio Tinto, Gondomar, Porto area baseline of €273,492 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Rio Tinto, Gondomar, Porto
Area baseline €273,492 + condition +€11,703 + location +€11,385 = modelled fair value of €172,888 (€1,616/m²), a €187,112 (52.0%) gap versus the €360,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 23f3ed | Subject | €360,000 | €3,364 | — | 80 | 69 |
| estrada Nova | Active | €279,000 | €3,532 | 5.0% | 72 | 74 |
| Rio Tinto · 38a0b4 | Active | €380,000 | €2,533 | 24.7% | 78 | 74 |
| rua Costa Cabral | Active | €297,000 | €4,125 | 22.6% | 76 | 71 |
| Paranhos · f362c4 | Active | €325,000 | €6,250 | 85.8% | 85 | 73 |
| Median comp | €311,000 | €3,829 | 13.8% | 77 | 74 |
Long-term rental It is challenging to justify a long-term rental investment given that the asking price of €360,000 exceeds the fair value by 52.0%, resulting in a meager gross yield of only 3%. This property is likely to struggle in attracting stable, long-term tenants who prefer better value alternatives in the market. Family rental The property is overpriced, which could deter families from opting for this three-bedroom apartment despite its proximity to Porto, offering potential educational benefits. With a yield of only 3% and a neighbourhood rating of 69/100, it might not be the ideal choice for families looking for a good investment in a suburban setting. Buy-and-hold Holding onto this apartment seems imprudent, given its significant markup at €360,000 compared to a fair value of €172,888. The 3% gross yield combined with a condition score of 82/100 indicates insufficient potential returns to justify the investment over the long term.
Economic downturn risk With an economic stability score of 70/100 and a tenant stability score of 65/100, the property may be vulnerable to economic fluctuations, potentially leading to higher vacancy rates and reduced rental income.
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