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 127 m² on the 1st floor. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a custom-built wardrobe in the corridor for enhanced storage and a private balcony off the second bedroom, perfect for outdoor relaxation.
The valuation. The asking price of €359,500 is positioned €76,567 (27.1%) above the fair value of €282,933, indicating that the property is overpriced in the current market. This discrepancy reflects an unlikely scenario for potential investors seeking fair returns.
Fair value modelled at €282,933 from 6 comparable sales in the area. Asking €359,500 sits €76,567 (27.1%) above — overpriced versus fair value.
Asking €359,500 versus the estrada Nova area baseline of €260,514 (€2,051/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €260,514, adjusted for condition and micro-location, gives a modelled fair value of €282,933 (€2,228/m²), a €76,567 (27.1%) gap versus the €359,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €359,500 | €2,831 | — | 70 | 70 |
| rua João Vieira S / N | Active | €320,000 | €2,162 | 23.6% | 74 | 74 |
| avenida Carvalha | Active | €299,900 | €1,947 | 31.2% | 72 | 74 |
| rua Marques de Sá | Active | €279,900 | €2,014 | 28.9% | 70 | 76 |
| Pedrouços · 19f817 | Active | €327,000 | €3,056 | 8.0% | 72 | 75 |
| Median comp | €309,950 | €2,088 | 26.2% | 72 | 75 |
Long-term rental The property is overpriced at €359,500, significantly above its fair value of €282,933, which presents a 27.1% gap. With a gross yield of only 3%, the investment in a long-term rental strategy is unlikely to generate sufficient returns in this suburban area of Greater Porto. Buy-and-hold Given its current listing price, the buy-and-hold strategy is less appealing for this property as it is valued at €359,500, which is 27.1% higher than the fair value. The combination of a gross yield of 3% and the neighborhood condition rating of 73/100 suggests limited capital appreciation potential. Family rental At a listing price of €359,500, the property is overpriced, making it a less attractive option for family rental investments compared to the fair value of €282,933. The moderate yield of 3% and the neighborhood rating of 70/100 indicate that this investment may not appeal to many families looking for value. Not ideal for The property is not suitable for luxury market investments given its overpricing and condition rating. Additionally, with the current pricing, it also does not align well with the dynamics of the short-term vacation rental or student housing markets due to the overall risk associated with returns.
Tenant turnover risk The economic stability score of 70/100 paired with a tenant stability score of 70/100 indicates a potential for significant tenant turnover, which could affect rental income stability and create additional costs for finding new tenants.
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