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, 2-bathroom apartment of 101 m², built in 2002, energy rating D. Located on rua Manuel Serra, 52, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a private balcony accessible from the kitchen, offering a serene outdoor space perfect for relaxation or entertaining guests.
The valuation. The asking price of €310,000 is significantly above the fair value of €278,997, representing an overprice of €31,003 (11.1%). This discrepancy suggests that the property is not a prudent investment in its current listing. Buy-to-flip angle. The buy-to-flip strategy would rely on renovating the apartment to boost its appeal and subsequently reselling it at a higher price, despite the current market conditions indicating a stretched valuation. Buy-to-let angle. With an estimated rental income of €775 per month, resulting in a gross yield of 3%, this property may provide a modest return for long-term investors looking for stable cash flow in a residential area.
Fair value modelled at €278,997 from 6 comparable sales in the area. Asking €310,000 sits €31,003 (11.1%) above — overpriced versus fair value.
Asking €310,000 versus the rua Manuel Serra, 52 area baseline of €247,236 (€2,448/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €247,236, adjusted for condition and micro-location, gives a modelled fair value of €278,997 (€2,762/m²), a €31,003 (11.1%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Serra, 52 | Subject | €310,000 | €3,069 | — | 71 | 71 |
| rua dos Afonsos | Active | €297,500 | €2,459 | 19.9% | 78 | 71 |
| rua Padre Antonio Borges | Active | €297,500 | €2,459 | 19.9% | 75 | 63 |
| rua Marquesa Cadaval | Active | €259,000 | €3,408 | 11.0% | 75 | 76 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 14.9% | 73 | 73 |
| Median comp | €293,750 | €2,536 | 17.4% | 75 | 72 |
Long-term rental Given that the property is priced at €310,000 against a fair value of €278,997, investors should be cautious, as it is overpriced with a gap of 11.1%. The gross yield of 3% reflects a potential decrease in attractiveness for long-term rental opportunities, particularly in a market with suburban safety and average amenities. Buy-and-hold As this property is overpriced at €310,000, the potential appreciation may not justify the investment, especially considering the fair value is €278,997. Investors aiming for a buy-and-hold strategy should factor in the modest yield of 3% and the risks associated with overpaying in a competitive housing market. Family rental The property’s asking price of €310,000 exceeds its fair value of €278,997, making it overpriced and potentially less appealing to families looking for rent. While the neighborhood has suburban safety and schools that likely meet average standards, the low yield of 3% may limit financial viability for family rental purposes.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk due to potential fluctuations in local economic conditions that could affect tenant retention and rental rates. Tenant Security With a tenant stability score of 75/100, there is a risk of tenant turnover that could lead to vacancy periods, impacting cash flow sequentially with a possibility of losing up to 25% of rental income during transitions.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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