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, 1-bathroom apartment of 78 m² on the 2nd floor, built in 1989, energy rating C. Located on rua João Vieira, 331, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a sizable entrance hall and is conveniently located just a short walk from local shopping and educational facilities, enhancing accessibility for residents.
The valuation. The asking price of €230,000 is significantly above the fair value of €65,967, reflecting an overvaluation of €164,033 (71.3%). This discrepancy indicates that the property is overpriced for potential buyers. Buy-to-flip angle. With renovation costs likely high due to the property's condition score of 32/100, the buy-and-flip strategy may not yield a profitable return on investment. Resale may require substantial updates, which could limit margins. Buy-to-let angle. The estimated monthly rental income of €748 provides a gross yield of 3.9%. However, this yield is modest, and the apartment's condition may deter long-term tenants, impacting rental stability.
Fair value modelled at €65,967 from the area baseline, adjusted for condition and location. Asking €230,000 sits €164,033 (71.3%) above — overpriced versus fair value.
Asking €230,000 versus the rua João Vieira, 331 area baseline of €199,368 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 32/100 (Condition 25 · Materials 35 · Room dimensions 40). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 80 · Amenities 65 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua João Vieira, 331
Area baseline €199,368 + condition -€52,406 + location +€9,173 = modelled fair value of €65,967 (€846/m²), a €164,033 (71.3%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua João Vieira, 331 | Subject | €230,000 | €2,949 | — | 25 | 71 |
| Ermesinde · 25f572 | Active | €200,000 | €2,740 | 7.1% | 35 | 69 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 6.1% | 49 | 74 |
| rua Vasco de Lima Couto, 90 | Active | €235,000 | €2,765 | 6.2% | 45 | 70 |
| Ermesinde · 0dcf03 | Active | €250,000 | €2,841 | 3.7% | 42 | 64 |
| Median comp | €227,000 | €2,803 | 4.9% | 44 | 70 |
Long-term rental The 2-bed apartment in Rio Tinto, listed at €230,000, is significantly overpriced with a fair value of only €65,967, indicating a potential misallocation of capital. With a gross yield of 3.9%, the investment does not offer sufficient returns relative to its inflated price. Buy-and-hold While the property may seem appealing for a buy-and-hold strategy due to its proximity to Porto, the exorbitant listing price of €230,000 compared to a fair value of €65,967 suggests a severe overvaluation risk. In the current condition of 32/100, the property lacks the necessary quality for long-term appreciation potential. Family rental Although the location has positive neighborhood characteristics with a score of 71/100, the listing price of €230,000 is far too high against the fair value of €65,967, making it a poor candidate for a family rental investment. The gross yield of 3.9% further emphasizes the likelihood that the property will not deliver an acceptable return on investment for families seeking long-term housing solutions.
Economic downturn risk The economic stability score of 75/100 suggests moderate economic conditions, but combined with a lower tenant stability score of 65/100, there is a heightened risk of potential tenant turnover during economic downturns which may affect rental income stability.
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