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 87 m² on the 2nd floor, built in 1983, energy rating C. Located on rua São Tomé e Príncipe, 2, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This 2nd-floor apartment includes a spacious living room with a private balcony, providing direct sunlight and views of the surrounding neighborhood, ideal for outdoor relaxation.
The valuation. The asking price of €249,000 sits €145,618 (58.5%) above the fair value of €103,382, indicating that the property is overpriced. This misalignment raises concerns about potential returns on investment.
Fair value modelled at €103,382 from the area baseline, adjusted for condition and location. Asking €249,000 sits €145,618 (58.5%) above — overpriced versus fair value.
Asking €249,000 versus the rua São Tomé e Príncipe, 2 area baseline of €222,372 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 55 · Materials 60 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua São Tomé e Príncipe, 2
Area baseline €222,372 + condition -€27,188 + location +€8,770 = modelled fair value of €103,382 (€1,188/m²), a €145,618 (58.5%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua São Tomé e Príncipe, 2 | Subject | €249,000 | €2,862 | — | 55 | 68 |
| rua São Francisco Xavier | Active | €274,500 | €2,665 | 6.9% | 60 | 75 |
| Rio Tinto · b7c00d | Active | €265,000 | €2,819 | 1.5% | 60 | 70 |
| Rio Tinto · 90d7e1 | Active | €369,000 | €3,075 | 7.4% | — | 73 |
| parque Nascente | Active | €235,000 | €3,133 | 9.5% | — | 75 |
| Median comp | €269,750 | €2,947 | 3.0% | 60 | 74 |
Long-term rental The property at €249,000 is overpriced compared to its fair value of €103,382, indicating a significant gap of 58.5%. With a gross yield of 3.9% and a condition rating of 55/100, this investment may not generate the expected returns for long-term tenants. Family rental Though situated in a suburban area within Porto's influence zone, the 3-bed apartment is overpriced at €249,000, leading to a fair value gap of 58.5%. With a neighbourhood rating of 68/100, it may not meet the expectations of families seeking affordable housing. Buy-and-hold At a listing price of €249,000, the property is overpriced in relation to its fair value of €103,382, suggesting limited appreciation potential. The 3.9% gross yield does not justify a buy-and-hold strategy for this investment given the substantial gap in value.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of turnover and vacancy, which may impact potential rental income.
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