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 85 m², built in 1993, energy rating E. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment offers a cozy living space enhanced by a fireplace and includes an enclosed balcony, providing versatility for entertaining or enjoying additional relaxation space.**
The valuation. The asking price of €235,000 is positioned at a 9.2% discount to the fair value of €258,774, indicating a solid valuation that aligns with the market's expectations.
Fair value modelled at €258,774 from 6 comparable sales in the area. Asking €235,000 sits €23,774 (9.2%) below — the upside to fair value.
Asking €235,000 versus the Rio Tinto, Gondomar, Porto area baseline of €231,163 (€2,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting 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 €231,163, adjusted for condition and micro-location, gives a modelled fair value of €258,774 (€3,044/m²), a €23,774 (9.2%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 6a9274 | Subject | €235,000 | €2,765 | — | 78 | 68 |
| estrada Nova | Active | €256,500 | €3,288 | 18.9% | 75 | 70 |
| rua de Medancelhe | Active | €256,500 | €2,672 | 3.4% | 75 | 70 |
| Baguim do Monte (Rio Tinto) · 2620bf | Active | €265,000 | €3,272 | 18.3% | 74 | 63 |
| avenida Dom João I, 667 | Active | €262,000 | €2,817 | 1.9% | 75 | 72 |
| Median comp | €259,250 | €3,045 | 10.1% | 75 | 70 |
Long-term rental The property presents a gross yield of 3.4%, which aligns with typical returns in the suburban Porto market and indicates consistent demand. While the listing price is fair, future rental growth may be limited due to a modest condition score of 75/100, impacting investment attractiveness. Family rental The apartment's size and suburban setting make it appealing to families looking for spacious living with access to essential amenities. Given the property's fair pricing, families may appreciate the investment in a stable neighborhood; however, the moderate condition rating suggests that significant renovations could be necessary to enhance its attractiveness. Buy-and-hold With a fair value assessment of €258,774, holding onto this property could yield steady cash flow under a long-term investment horizon, though the 3.4% yield reflects its pricing is neither advantageous nor detrimental. The moderate neighborhood score of 68/100 indicates potential for gradual appreciation, but investors should be mindful of the condition which could affect longevity in their investment strategy.
[Tenant turnover risk] With a tenant stability score of 60/100, there is a significant risk of higher turnover, which could lead to increased vacancy rates and associated costs in the upcoming years.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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