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 93 m² on the 1st floor, built in 1978, energy rating C. Located on rua Aires Ornelas, 209, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a spacious closed garage of 24.5 m² and a rear balcony measuring 5.6 m², offering additional storage and outdoor space.
The valuation. The asking price of €300,000 sits significantly above the fair value of €125,879, representing an overpricing of €174,121 (58.0%). This valuation indicates that the property is not a prudent investment at the current asking price.
Fair value modelled at €125,879 from the area baseline, adjusted for condition and location. Asking €300,000 sits €174,121 (58.0%) above — overpriced versus fair value.
Asking €300,000 versus the rua Aires Ornelas, 209 area baseline of €237,708 (€2,556/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 66 · Materials 62 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Aires Ornelas, 209
Area baseline €237,708 + condition -€15,258 + location +€10,937 = modelled fair value of €125,879 (€1,354/m²), a €174,121 (58.0%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Aires Ornelas, 209 | Subject | €300,000 | €3,226 | — | 66 | 71 |
| rua Calouste Gulbenkian, 108 | Active | €238,000 | €2,429 | 24.7% | — | 69 |
| rua Doutor António de Sousa Oliveira | Active | €353,000 | €2,715 | 15.8% | 72 | 73 |
| rua Doutor António de Sousa Oliveira | Active | €353,000 | €2,695 | 16.5% | 65 | 69 |
| estrada Nova | Active | €289,000 | €3,108 | 3.7% | 70 | 71 |
| Median comp | €321,000 | €2,705 | 16.1% | 70 | 70 |
Long-term rental The property is overpriced with a listing of €300,000 compared to a fair value of €125,879, indicating a significant 58.0% gap. With a gross yield of 3.9%, the return on investment may not justify the elevated entry price for long-term renting. Family rental Given the apartment's fair value of €125,879 versus the asking price of €300,000, it is clearly overpriced by 58.0%. While the neighborhood scores a reasonable 71/100, the potential for family rental demand may not warrant the high cost. Buy-and-hold The property’s fair value significantly underlines that it is overpriced at €300,000 with a staggering gap of 58.0%. Investing as a buy-and-hold strategy may not be advisable given the gross yield of 3.9% and the considerable disparity from the fair value. Not ideal for: Short-term rental, Luxury market, Student housing This property fails to meet the pricing expectations for short-term rentals, the luxury market, and student housing given its significant overpricing and moderate condition score of 65/100. Therefore, these strategies are unlikely to deliver satisfactory returns due to elevated entry costs and the current valuation.
Economic downturn risk The economic stability score of 70/100 suggests potential vulnerabilities to economic shifts, which may impact rental incomes and property values.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
