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 102 m² on the 7th floor, built in 2000, energy rating C. Located Rio Tinto parish, Gondomar municipality, Porto district. This apartment not only boasts a modern design on an upper floor but also features large windows that flood the space with abundant natural light, enhancing its inviting atmosphere.
The valuation. The asking price of €300,000 is significantly higher than the fair value of €228,068, resulting in an excess of €71,932, or 31.5%. This property is considered overpriced. Buy-to-flip angle. A potential resale strategy involves renovating the apartment to enhance appeal, aiming for a quicker sale at a higher price point that can cover renovation costs. Buy-to-let angle. As a rental property, the estimated gross yield of 3.3%, approximately €825 per month, presents a modest income opportunity, appealing in a family-oriented rental market.
Fair value modelled at €228,068 from 6 comparable sales in the area. Asking €300,000 sits €71,932 (31.5%) above — overpriced versus fair value.
Asking €300,000 versus the Rio Tinto, Gondomar, Porto area baseline of €203,698 (€1,997/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €203,698, adjusted for condition and micro-location, gives a modelled fair value of €228,068 (€2,236/m²), a €71,932 (31.5%) gap versus the €300,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 8341f3 | Subject | €300,000 | €2,941 | — | 70 | 66 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 22.1% | 70 | 71 |
| praceta Perlinhas, 36 | Active | €257,500 | €2,182 | 25.8% | 72 | 68 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 39.3% | 70 | 76 |
| estrada Nova | Active | €294,500 | €2,394 | 18.6% | 75 | 70 |
| Median comp | €251,250 | €2,236 | 24.0% | 71 | 71 |
Long-term rental The 2-bed apartment in Rio Tinto, listed at €300,000, is overpriced with a fair value of only €228,068, resulting in a significant 31.5% gap. The gross yield of 3.3% is below attractive investment thresholds, limiting the viability of this strategy. Family rental Despite the apartment's proximity to Porto, making it appealing for families, the price point fails to align with the fair market rate, rendering it overpriced at €300,000. The average condition rating of 72/100 and neighbourhood rating of 66/100 further suggest the rental potential may not justify the elevated acquisition cost. Buy-and-hold Acquiring this property at €300,000 would likely underperform relative to its fair value of €228,068, indicating a risky buy-and-hold investment. The current gross yield of 3.3% is inadequate to offset the high entry price, compromising long-term investment returns.
Economic sensitivity risk A moderate economic stability score of 70/100 suggests that the property may be vulnerable to downturns, impacting its value and rental income potential. Tenant turnover risk With a tenant stability score of 60/100, there is an elevated likelihood of tenant turnover, which could lead to higher vacancy rates and increased costs for property management.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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