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 80 m² on the 3rd floor. Located on rua Boavista, 208, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes electric aluminum shutters and structured cabling with RJ45 sockets, enhancing both energy efficiency and technological connectivity for modern living.
The valuation. The asking price of €236,000 sits below the fair value of €271,765 by €35,765 (13.2%), indicating the property is subvalued and presents an investment opportunity. Buy-to-flip angle. The strategy for resale involves upgrading the apartment to enhance its appeal, potentially selling for significantly more than the total investment costs. Buy-to-let angle. With an estimated rental income of €747/month, the property offers a gross yield of 3.8%, appealing for long-term tenants seeking proximity to Porto city center.
Fair value modelled at €271,765 from 6 comparable sales in the area. Asking €236,000 sits €35,765 (13.2%) below — the upside to fair value.
Asking €236,000 versus the rua Boavista, 208 area baseline of €230,644 (€2,883/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €230,644, adjusted for condition and micro-location, gives a modelled fair value of €271,765 (€3,397/m²), a €35,765 (13.2%) gap versus the €236,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Boavista, 208 | Subject | €236,000 | €2,950 | — | 88 | 75 |
| Rio Tinto · d749fd | Active | €292,500 | €3,441 | 16.7% | 76 | 72 |
| estrada Nova | Active | €287,500 | €3,194 | 8.3% | 75 | 71 |
| rua Afonso de Albuquerque, 379 | Active | €285,000 | €3,167 | 7.3% | 84 | 70 |
| Rio Tinto · 0901dc | Active | €285,000 | €3,353 | 13.7% | 75 | 81 |
| Median comp | €286,250 | €3,274 | 11.0% | 76 | 72 |
Long-term rental The property presents a solid long-term rental opportunity given its fair value of €271,765, which signifies a 13.2% gap from the listing price of €236,000. With a gross yield of 3.8% and a favourable condition rating of 85/100, it offers a competitive position in a well-connected neighbourhood. Buy-and-hold Investing in this apartment for a buy-and-hold strategy could be advantageous due to its underpriced status relative to fair market value. The proximity to Porto city center not only enhances its appeal but also indicates potential for long-term appreciation in value. Family rental The apartment is well-suited for family rentals, benefiting from its spacious layout and convenient location in a safe suburban area. Given its condition and amenities, it is likely to attract long-term tenants looking for stability and quality living environments.
Tenant turnover risk With a tenant stability score of 75/100, there is a moderate risk of turnover that could result in increased vacancy periods and associated costs for the property owner.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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