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.
3-bedroom, 1-bathroom apartment of 120 m², energy rating D. Located Rio Tinto parish, Gondomar municipality, Porto district. This property features two spacious terraces, totaling 57m², ideal for outdoor entertaining, along with a garage designed for two vehicles, enhancing convenience and accessibility.
The valuation. The asking price of €320,000 sits above the fair value of €290,453 by €29,547 (10.2%), indicating it is priced at the fair level. Buy-to-flip angle. With potential renovations focused on upgrading bathrooms and fixtures, a resale strategy could generate profit after improving buyer appeal. Buy-to-let angle. The estimated rental income of €853/month yields a gross return of 3.2%, making it a viable long-term rental investment in a suburban area with good access to Porto city center.
Fair value modelled at €290,453 from 6 comparable sales in the area. Asking €320,000 sits €29,547 (10.2%) above — overpriced versus fair value.
Asking €320,000 versus the Rio Tinto, Gondomar, Porto area baseline of €289,144 (€2,410/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing 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 €289,144, adjusted for condition and micro-location, gives a modelled fair value of €290,453 (€2,420/m²), a €29,547 (10.2%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · efdd83 | Subject | €320,000 | €2,667 | — | 64 | 69 |
| rua Vasques de Mesquita | Active | €297,000 | €2,700 | 1.3% | 70 | 73 |
| Paranhos · 6a959c | Active | €329,900 | €2,598 | 2.6% | 70 | 71 |
| travessa Damião de Góis, 19 | Active | €278,000 | €2,000 | 25.0% | 68 | 66 |
| rua Santa Joana, 66 | Active | €249,000 | €2,243 | 15.9% | 64 | 67 |
| Median comp | €287,500 | €2,421 | 9.2% | 69 | 69 |
Long-term rental The property presents a steady gross yield of 3.2%, making it a viable option for long-term rental strategies. Given the average condition score of 62/100, it requires some maintenance to optimize tenant satisfaction and rental income. Family rental With a neighborhood score of 69/100, the property is situated in a safe residential area conducive to family living, which can attract stable long-term tenants. While the property is fairly priced, the gap from fair value suggests potential for careful negotiation to enhance yield. Buy-and-hold As a buy-and-hold investment, this property is fairly priced and positioned in a suburban area with connections to Porto city center, indicating potential future value appreciation. Optimal management and minor upgrades based on the current condition could enhance both desirability and rental returns over time.
Economic Sensitivity The property could face profitability challenges if economic conditions decline, as both economic and tenant stability scores are at 70/100, indicating moderate risk.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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