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 96 m², built in 2001. Located on rua da Ranha, 234, Rio Tinto parish, Gondomar municipality, Porto district. This apartment boasts a large terrace that surrounds the entire unit, providing exceptional outdoor space accessible from multiple rooms, enhancing both privacy and functionality.
The valuation. The asking price of €325,000 is significantly above the fair value of €282,645, resulting in an overpricing of €42,355 (15.0%). This suggests that potential buyers may need to negotiate aggressively.
Fair value modelled at €282,645 from 6 comparable sales in the area. Asking €325,000 sits €42,355 (15.0%) above — overpriced versus fair value.
Asking €325,000 versus the rua da Ranha, 234 area baseline of €248,554 (€2,589/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €248,554, adjusted for condition and micro-location, gives a modelled fair value of €282,645 (€2,944/m²), a €42,355 (15.0%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Ranha, 234 | Subject | €325,000 | €3,385 | — | 72 | 71 |
| parque Urbano e Mercadona | Active | €298,000 | €3,041 | 10.2% | 68 | 71 |
| avenida Professor Doutor Anibal Cavaco Silva | Active | €335,000 | €2,577 | 23.9% | 74 | 75 |
| Rio Tinto · f35dce | Active | €299,000 | €2,848 | 15.9% | 78 | 70 |
| alameda Shop & Spot | Active | €295,000 | €4,041 | 19.4% | 80 | 78 |
| Median comp | €298,500 | €2,945 | 13.0% | 76 | 73 |
Long-term rental The property is overpriced with a listing price of €325,000, which is 15.0% above the fair value of €282,645. With a gross yield of just 3.1% and a reasonably good condition rating of 76/100, the investment may not justify the higher price point given the market conditions. Buy-and-hold Investing in this apartment may not be ideal, as its current price exceeds fair value, suggesting limited potential for immediate appreciation. The property’s location near Porto supports demand, but at this valuation, the long-term investment horizons could be compromised. Family rental Although the apartment is in a suitable suburban area with reasonable access to amenities, its overpriced status means families may seek more value elsewhere in the region. The gross yield of 3.1% does not align well with the elevated listing price, making it less attractive for family renters looking for competitive rates.
Economic and Tenant Instability Risk: With both economic stability and tenant stability scores at 70/100, there is a significant risk that fluctuations in the economy could lead to increased vacancy rates or rent defaults.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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