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.
1-bedroom, 1-bathroom apartment of 53 m², built in 1990, energy rating D. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a spacious balcony that enhances outdoor living and boasts excellent south-facing solar exposure for optimal natural light throughout the day.
The valuation. The asking price of €249,000 is significantly above the fair value of €148,835, indicating it is overpriced by €100,165 (67.3%). This discrepancy suggests potential challenges in securing a profitable return on investment.
Fair value modelled at €148,835 from 6 comparable sales in the area. Asking €249,000 sits €100,165 (67.3%) above — overpriced versus fair value.
Asking €249,000 versus the estrada Nova area baseline of €131,764 (€2,486/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 €131,764, adjusted for condition and micro-location, gives a modelled fair value of €148,835 (€2,808/m²), a €100,165 (67.3%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €249,000 | €4,698 | — | 76 | 68 |
| Baguim do Monte (Rio Tinto) · 622987 | Active | €250,000 | €2,841 | 39.5% | 75 | 72 |
| Rio Tinto · 6fb8b9 | Active | €290,000 | €2,613 | 44.4% | 73 | 73 |
| Águas Santas · 001bb5 | Active | €220,000 | €3,188 | 32.1% | 72 | 70 |
| rua Doutor Porfírio de Andrade, 253 | Active | €229,500 | €2,765 | 41.1% | 70 | 68 |
| Median comp | €239,750 | €2,803 | 40.3% | 73 | 71 |
Long-term rental Given the gross yield of 3.4%, the property is not an optimal investment for long-term rental as it falls short of more competitive options in the market. Furthermore, with the gap to fair value at 67.3%, this property is priced significantly higher than its fair value, diminishing its potential for substantial returns. Family rental While the apartment's condition rating of 79/100 suggests a decent living space, the high asking price of €249,000 compared to the fair value of €148,835 indicates it is overpriced for a family rental market. This pricing misalignment may limit its appeal to potential family tenants, who often seek more value-oriented options. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable due to its substantial overpricing, with a significant gap of 67.3% between the listing price and fair value. As the yield remains low at 3.4%, the long-term appreciation potential is hindered, making it difficult to justify the investment in the current market climate.
Economic Sensitivity Risk The economic stability score of 60/100 suggests potential vulnerability to market fluctuations, which could impact rental income stability negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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