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 68 m² on the 6th floor, energy rating C. Located on travessa Vila Cova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a pleasant balcony ideal for outdoor dining and leisure, and the building features a grocery store for convenient access to essential goods.
The valuation. The asking price of €225,000 sits 1.0% above the fair value of €222,783, indicating the property is being offered at a fair price aligned with market expectations. Buy-to-flip angle. Given the current condition rating of 81/100, efficient renovation efforts could enhance the appeal, yielding potential resale profits within a year. Buy-to-let angle. The apartment’s estimated rental income of €825 per month translates to a gross yield of 4.4%, making it a viable option for long-term rental strategies amidst a suburban area with moderate to high demand.
Fair value modelled at €222,783 from 6 comparable sales in the area. Asking €225,000 sits €2,217 (1.0%) above — overpriced versus fair value.
Asking €225,000 versus the travessa Vila Cova area baseline of €184,890 (€2,719/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €184,890, adjusted for condition and micro-location, gives a modelled fair value of €222,783 (€3,276/m²), a €2,217 (1.0%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Vila Cova | Subject | €225,000 | €3,309 | — | 83 | 69 |
| Baguim do Monte (Rio Tinto) · 001b57 | Active | €280,000 | €3,333 | 0.7% | 80 | 73 |
| travessa Boavista | Active | €262,500 | €2,599 | 21.5% | 75 | 75 |
| Baguim do Monte (Rio Tinto) · 9385f3 | Active | €259,000 | €2,846 | 14.0% | 75 | 68 |
| rua das Artes Gráficas | Active | €400,000 | €3,846 | 16.2% | 75 | 74 |
| Median comp | €271,250 | €3,090 | 6.6% | 75 | 74 |
Long-term rental The property's gross yield of 4.4% indicates a reasonable return for long-term rental investments, aligning closely with the fair market value of €222,783. Considering the moderate to high real estate demand in the area, the investment in this apartment supports steady rental income potential. Family rental This apartment is well-suited for family rental, given its 2-bedroom layout and proximity to suburban amenities and schools, which are attractive to families looking for stable housing options. The combination of current fair pricing and decent property condition enhances its viability as a family rental in a growing neighborhood. Buy-and-hold Acquiring this property for a buy-and-hold strategy could yield satisfactory returns, especially with sustained housing demand in the region near Porto. Given its fair valuation, this property is positioned to maintain value while capturing incremental appreciation over time.
Tenant turnover risk With a tenant stability score of 65/100, there is a significant risk of higher tenant turnover, which can lead to increased vacancy rates and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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