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 114 m² on the 3rd floor, built in 1988, energy rating D. Located on rua da Ferraria S / N, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a sunroom that enhances natural light and a garage in the basement, adding convenience in a well-connected area near public transport.
The valuation. The asking price of €302,000 sits significantly above the fair value of €151,335, indicating an overpriced status with a difference of €150,665 (49.9%).
Fair value modelled at €151,335 from the area baseline, adjusted for condition and location. Asking €302,000 sits €150,665 (49.9%) above — overpriced versus fair value.
Asking €302,000 versus the rua da Ferraria S / N area baseline of €291,384 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 65 · Materials 60 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Ferraria S / N
Area baseline €291,384 + condition -€24,225 + location +€15,960 = modelled fair value of €151,335 (€1,328/m²), a €150,665 (49.9%) gap versus the €302,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Ferraria S / N | Subject | €302,000 | €2,649 | — | 65 | 75 |
| rua Dom António Castro Meireles | Active | €250,000 | €2,500 | 5.6% | 68 | 75 |
| Rio Tinto · b7c00d | Active | €265,000 | €2,819 | 6.4% | 60 | 70 |
| Baguim do Monte (Rio Tinto) · 261f69 | Active | €310,000 | €3,100 | 17.0% | 68 | 69 |
| avenida de Fernão de Magalhães | Active | €365,000 | €3,147 | 18.8% | — | 76 |
| Median comp | €287,500 | €2,960 | 11.7% | 68 | 73 |
Long-term rental The property is overpriced at €302,000, significantly exceeding the fair value of €151,335 by 49.9%, which will hinder long-term rental profitability. With a gross yield of only 4% and the apartment's condition rated at 61/100, it is unlikely to attract high-quality tenants looking for reasonable rents. Family rental Given its location in a suburban area with good school access, the property presents potential for family rentals; however, it is currently overpriced at €302,000 compared to the fair value of €151,335. Families may be deterred by the lack of value proposition with a gross yield of just 4%, making it hard to justify the high asking price. Buy-and-hold While the property could have some long-term appreciation potential, its current price of €302,000 far exceeds the fair value of €151,335, rendering it overpriced. The expected gross yield of 4% combined with a condition rating of 61/100 suggests that holding onto this asset may not generate sufficient returns over time to justify the initial investment.
Economic sensitivity With an economic stability score of 80, there’s a risk that minor fluctuations in the economy could impact tenant demand, particularly with a tenant stability score of 75 indicating moderate risk of turnover.
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