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 129 m² on the 1st floor, built in 1996, energy rating D. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes spacious garage parking not commonly found in similar properties, alongside a sunny balcony perfect for relaxation that enhances outdoor living experience.
The valuation. The asking price of €320,000 is positioned slightly below the fair value of €344,177, indicating a valuation gap of €24,177 (7.0%). This property is considered to be fairly priced within the current market conditions.
Fair value modelled at €344,177 from 6 comparable sales in the area. Asking €320,000 sits €24,177 (7.0%) below — the upside to fair value.
Asking €320,000 versus the estrada Nova area baseline of €312,349 (€2,421/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €312,349, adjusted for condition and micro-location, gives a modelled fair value of €344,177 (€2,668/m²), a €24,177 (7.0%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €320,000 | €2,481 | — | 72 | 73 |
| rua Doctor Severiano | Active | €280,000 | €2,545 | 2.6% | 70 | 73 |
| rua Nossa Senhora do Amparo | Active | €320,000 | €3,137 | 26.5% | 74 | 64 |
| rua Cavadas, 38 | Active | €324,000 | €2,400 | 3.2% | 72 | 68 |
| estrada Nova | Active | €309,000 | €2,687 | 8.3% | 74 | 75 |
| Median comp | €314,500 | €2,616 | 5.5% | 73 | 71 |
Long-term rental This property presents a potential long-term rental strategy, offering a gross yield of 3.3% which aligns with market expectations. Given its fair valuation and solid neighborhood score of 73/100, it stands to provide stable cash flow in a growing urban environment influenced by Porto. Buy-and-hold As a buy-and-hold investment, this apartment retains its appeal due to the 7.0% gap from fair value, which indicates price stability over time without significant overvaluation risk. The moderate condition rating of 69/100 suggests that while immediate renovations may be needed, the property maintains its overall market integrity. Family rental Targeting the family rental market could prove beneficial, as the neighborhood characteristics and proximity to Porto make it suitable for families seeking stable housing. With a fair valuation and a reasonable yield, this apartment could attract long-term tenants looking for a quality living environment. Not ideal for: Luxury market, Short-term vacation rental, Student housing.
Tenant turnover risk The tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which may result in increased vacancy and leasing costs for the property.
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
