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, 2-bathroom apartment of 88 m² on the 2nd floor, energy rating D. Located on rua Chaimite, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a private external area at the back, providing additional outdoor space, and features a modern kitchen equipped with high-end appliances for optimal functionality.
The valuation. The asking price of €260,000 sits €31,671 (13.9%) above the fair value of €228,329, indicating that the property is overpriced. This discrepancy suggests limited immediate value for prospective buyers.
Fair value modelled at €228,329 from 6 comparable sales in the area. Asking €260,000 sits €31,671 (13.9%) above — overpriced versus fair value.
Asking €260,000 versus the rua Chaimite area baseline of €204,933 (€2,329/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €204,933, adjusted for condition and micro-location, gives a modelled fair value of €228,329 (€2,595/m²), a €31,671 (13.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Chaimite | Subject | €260,000 | €2,955 | — | 70 | 78 |
| Ermesinde · 96c19f | Active | €285,000 | €2,545 | 13.9% | 72 | 70 |
| Rio Tinto · 8ee362 | Active | €260,000 | €2,600 | 12.0% | 74 | 70 |
| Ermesinde · dee5c2 | Active | €345,000 | €3,791 | 28.3% | 70 | 72 |
| rua Almeida Garrett, 110 | Active | €350,000 | €3,465 | 17.3% | 70 | 75 |
| Median comp | €315,000 | €3,033 | 2.6% | 71 | 71 |
Long-term rental The property is overpriced by 13.9%, suggesting limited return potential for long-term rental investments. While the gross yield of 4.7% seems attractive, the gap from fair value may deter serious investors seeking stable cash flows. Family rental At €260,000, this property does not present an appealing opportunity for family rentals due to its overpricing. The current condition rating of 74/100 may attract families, but the financials do not align with reasonable expectations. Buy-and-hold Investing in this property as a buy-and-hold strategy is risky given its overpriced status. Even though the neighborhood offers good transport connections and amenities, the 13.9% gap from fair value indicates a possible decline in appreciation prospects over time.
Economic Sensitivity Risk High economic stability (78/100) suggests resilience, but a slight downturn could impact tenant stability (80/100) and rental income, increasing vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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