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 123 m² on the 3rd floor, built in 1997, energy rating C. Located on rua Padre Joaquim das Neves, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts an abundance of natural light thanks to strategically placed windows and enjoys a quiet neighborhood setting, enhancing the overall living experience.
The valuation. The asking price of €295,000 is €31,142 (11.8%) above the fair value of €263,858, indicating that the property is overpriced.
Fair value modelled at €263,858 from 6 comparable sales in the area. Asking €295,000 sits €31,142 (11.8%) above — overpriced versus fair value.
Asking €295,000 versus the rua Padre Joaquim das Neves area baseline of €228,058 (€1,854/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 €228,058, adjusted for condition and micro-location, gives a modelled fair value of €263,858 (€2,145/m²), a €31,142 (11.8%) gap versus the €295,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Joaquim das Neves | Subject | €295,000 | €2,398 | — | 75 | 69 |
| estrada Nova | Active | €359,500 | €2,831 | 18.0% | 70 | 70 |
| rua João Vieira S / N | Active | €320,000 | €2,162 | 9.8% | 74 | 74 |
| rua Ilha de Moçambique, 160 | Active | €249,000 | €2,128 | 11.3% | 70 | 72 |
| avenida Carvalha | Active | €299,900 | €1,947 | 18.8% | 72 | 74 |
| Median comp | €309,950 | €2,145 | 10.6% | 71 | 73 |
Long-term rental The property is overpriced at €295,000, compared to the fair value of €263,858, representing an 11.8% gap. With a gross yield of only 4.1%, this investment does not provide a compelling long-term rental opportunity. Buy-and-hold Considering the high asking price of €295,000, which is above the fair value, this property does not align with a successful buy-and-hold strategy. The current yield of 4.1% is insufficient to justify the investment given the potential for better opportunities elsewhere. Family rental At €295,000, this property is overpriced compared to its fair value of €263,858, resulting in a significant gap that diminishes its attractiveness for family rental. The area’s decent condition rating of 74/100 may appeal to families, but the financial disparity renders it a less favorable choice for this segment.
Potential Economic Decline The economic stability score of 65/100 indicates that there may be risks of fluctuating market conditions that could affect 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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