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 83 m² on the 5th floor, energy rating C. Located on rua Afonso Gonçalves Baldaia, 68, Rio Tinto parish, Gondomar municipality, Porto district. Unique Feature: The apartment boasts a spacious terrace with city views, ideal for outdoor dining or relaxation. Proximity: Located within walking distance to a variety of supermarkets and public transport options.
The valuation. The asking price of €280,000 is substantially above fair value, which is set at €226,139, resulting in an overpriced property by €53,861 (23.8%).
Fair value modelled at €226,139 from 6 comparable sales in the area. Asking €280,000 sits €53,861 (23.8%) above — overpriced versus fair value.
Asking €280,000 versus the rua Afonso Gonçalves Baldaia, 68 area baseline of €224,780 (€2,708/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 €224,780, adjusted for condition and micro-location, gives a modelled fair value of €226,139 (€2,725/m²), a €53,861 (23.8%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Gonçalves Baldaia, 68 | Subject | €280,000 | €3,373 | — | 70 | 70 |
| rua Doutor Armando José Pereira Tavares | Active | €280,000 | €2,240 | 33.6% | 68 | 70 |
| parque Urbano e Mercadona | Active | €298,000 | €3,041 | 9.9% | 68 | 71 |
| travessa Ferraria | Active | €259,500 | €3,244 | 3.8% | 64 | 73 |
| rua Doutor Severiano | Active | €200,000 | €2,667 | 21.0% | 72 | 82 |
| Median comp | €269,750 | €2,854 | 15.4% | 68 | 72 |
Long-term rental The 2-bed apartment in Rio Tinto is overpriced at €280,000, sitting 23.8% above its fair value of €226,139; this substantial gap could hinder returns in a long-term rental market with a modest gross yield of 3.8%. Given the neighborhood’s average condition rating of 69/100 and the stable housing market in suburban Porto, this property may struggle to attract quality tenants without competitive pricing. Family rental Priced at €280,000, the apartment exceeds fair value by 23.8%, which can diminish appeal for families seeking affordable housing options in a competitive market. The neighborhood's moderate amenities and economic stability provide potential, yet the current pricing could limit family rental opportunities due to budget constraints. Buy-and-hold The buy-and-hold strategy seems risky with the property's price at €280,000, which is 23.8% over the fair value of €226,139; the relatively low gross yield of 3.8% further complicates assumptions of long-term appreciation. While the location’s proximity to Porto and steady housing demand are positives, the inflated initial investment may deter long-term profitability. Not ideal for: The property is not suitable for short-term vacation rental, luxury market engagements, or student housing due to its higher price point and the characterized tenant market that demands affordability.
Tenant turnover risk The tenant stability score of 70/100 indicates a moderate risk of high turnover, which could lead to increased vacancy rates and associated costs.
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