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 90 m² on the 2nd floor, built in 2001, energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Notable Features: The apartment boasts two well-maintained balconies offering natural light, and its proximity to major transportation routes enhances accessibility in the Metropolitan Area of Porto.
The valuation. The asking price of €287,500 sits €9,423 (3.4%) above the fair value of €278,077, indicating that the property is priced fairly, aligning with market conditions. Buy-to-flip angle. A buy-and-flip strategy could yield a moderate profit by targeting prime renovations that upscale the property, enhancing its appeal for resale in a growing market. Buy-to-let angle. With an estimated gross yield of 3.3%, this apartment presents a solid opportunity for long-term rental, generating around €791 per month in rental income from a stable tenant profile in a suburban location.
Fair value modelled at €278,077 from 6 comparable sales in the area. Asking €287,500 sits €9,423 (3.4%) above — overpriced versus fair value.
Asking €287,500 versus the estrada Nova area baseline of €242,393 (€2,693/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €242,393, adjusted for condition and micro-location, gives a modelled fair value of €278,077 (€3,090/m²), a €9,423 (3.4%) gap versus the €287,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €287,500 | €3,194 | — | 75 | 71 |
| Rio Tinto · d749fd | Active | €292,500 | €3,441 | 7.7% | 76 | 72 |
| Baguim do Monte (Rio Tinto) · 001b57 | Active | €280,000 | €3,333 | 4.3% | 80 | 73 |
| travessa Boavista | Active | €262,500 | €2,599 | 18.6% | 75 | 75 |
| Baguim do Monte (Rio Tinto) · 9385f3 | Active | €259,000 | €2,846 | 10.9% | 75 | 68 |
| Median comp | €271,250 | €3,090 | 3.3% | 76 | 73 |
Long-term rental This 2-bed apartment in Rio Tinto offers a gross yield of 3.3%, making it a reasonable option for long-term investment. With a fair value of €278,077, the current listing at €287,500 reflects a minor gap of 3.4%, indicating that while the property is appealing, it is priced fairly. Family rental The apartment's spacious layout and solid condition score of 79/100 make it suitable for family rentals, appealing to tenants seeking comfort. Although the fair value is only slightly below the listing price, the property is fairly priced for the market and benefits from low crime and stability in the suburban setting. Buy-and-hold Holding onto this property could provide stable returns given its proximity to Porto, which enhances employment opportunities and access to local amenities. While it is currently fairly priced at €287,500, the modest yield reflects a well-balanced investment for the long term in a low-risk environment.
Economic and Tenant Stability Risk The property has a moderate economic stability score of 70/100, which may indicate potential fluctuations in rental income and occupancy levels due to economic conditions affecting tenant ability to pay. Tenant Stability Risk With a tenant stability score of 70/100, there is a significant risk of tenant turnover or vacancy, impacting cash flow and investment returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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