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 145 m², energy rating B. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment's south-facing balcony provides exceptional sun exposure with unobstructed views, while the closed garage offers significant storage capabilities alongside parking for two vehicles.
The valuation. The asking price of €450,000 is €43,199 (10.6%) above the fair value of €406,801, indicating the property is overpriced. This discrepancy suggests that potential buyers should proceed with caution, as the current market price does not reflect true value.
Fair value modelled at €406,801 from 6 comparable sales in the area. Asking €450,000 sits €43,199 (10.6%) above — overpriced versus fair value.
Asking €450,000 versus the Rio Tinto, Gondomar, Porto area baseline of €342,295 (€2,361/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €342,295, adjusted for condition and micro-location, gives a modelled fair value of €406,801 (€2,806/m²), a €43,199 (10.6%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 6a92b3 | Subject | €450,000 | €3,103 | — | 85 | 74 |
| rua da Portelinha, 452 | Active | €296,000 | €2,819 | 9.2% | 80 | 67 |
| rua Manuel de Sousa Casal | Active | €325,000 | €3,218 | 3.7% | 78 | 80 |
| Rio Tinto · cfe26e | Active | €297,000 | €2,496 | 19.6% | 72 | 70 |
| rua de Santa Justa, 198 | Active | €310,000 | €4,189 | 35.0% | 75 | 73 |
| Median comp | €303,500 | €3,019 | 2.7% | 77 | 72 |
Long-term rental The current listing of €450,000 represents a 10.6% gap compared to its fair value of €406,801, indicating that the property is overpriced. With a gross yield of 3.4%, potential cash flow may be limited, reducing its attractiveness for long-term rental investors. Buy-and-hold Given the property's current valuation exceeding fair value, it may not provide the expected capital appreciation over time. The investment appears risky within a buy-and-hold strategy due to its overpriced status, which could hinder overall returns. Family rental While the property is located in a neighborhood with good access to schools and amenities, its price of €450,000 exceeds the fair value by 10.6%, making it overpriced. This impacts the viability of the family rental strategy, as the inflated cost could limit rental yields and long-term affordability for potential tenants.
Tenant turnover risk: With both economic and tenant stability scores at 75/100, there is a significant risk of increased tenant turnover, potentially leading to higher vacancy rates and increased costs for re-letting the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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