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, 2-bathroom apartment of 88 m². Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a terrace that provides outdoor space for relaxation and entertaining, alongside the convenience of a dedicated parking space with electric vehicle charging capabilities.
The valuation. The asking price of €339,000 is significantly above the fair value of €236,585, resulting in an excessive markup of €102,415 (43.3%). This property is considered overpriced. Buy-to-flip angle. With an asking price exceeding fair market value, a buy-to-flip strategy would require substantial price reductions or improvements to attract buyers effectively. Buy-to-let angle. Leveraging the property for long-term rental could yield an estimated gross income of €960 per month, resulting in a gross yield of 3.4%, which is relatively modest given the asking price.
Fair value modelled at €236,585 from 6 comparable sales in the area. Asking €339,000 sits €102,415 (43.3%) above — overpriced versus fair value.
Asking €339,000 versus the Rio Tinto, Gondomar, Porto area baseline of €225,464 (€2,562/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €225,464, adjusted for condition and micro-location, gives a modelled fair value of €236,585 (€2,688/m²), a €102,415 (43.3%) gap versus the €339,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 831337 | Subject | €339,000 | €3,852 | — | 70 | 74 |
| avenida Professor Doutor Anibal Cavaco Silva | Active | €335,000 | €2,577 | 33.1% | 74 | 75 |
| Rio Tinto · 3a722f | Active | €322,500 | €3,101 | 19.5% | 75 | 70 |
| Baguim do Monte (Rio Tinto) · ab70f7 | Active | €390,000 | €3,095 | 19.7% | 70 | 75 |
| rua da Portelinha, 486 | Active | €289,000 | €2,491 | 35.3% | 80 | 79 |
| Median comp | €328,750 | €2,836 | 26.4% | 75 | 75 |
Long-term rental This apartment in Gondomar is overpriced, with a fair value that is 43.3% lower than the asking price, making it a challenging investment for a long-term rental strategy. The gross yield of 3.4% is below typical market expectations, further diminishing its appeal for investors looking for sustainable income. Family rental Given the neighborhood's solid amenities and suburban proximity to Porto, the property may attract families; however, at 43.3% above fair value, it does not represent a sound financial decision. The current condition rating of 73/100 suggests that additional renovation costs could further eat into potential returns. Buy-and-hold Though the apartment is situated in a desirable suburban area with a decent neighborhood score of 74/100, the significant 43.3% gap from fair value indicates that this investment could present considerable risk over the long term. Given its overpriced status, potential appreciation may not compensate for the initial cost, making this buy-and-hold strategy less attractive.
Tenant turnover risk Higher tenant turnover is a possibility due to the moderate tenant stability score of 75/100, which may lead to increased vacancy rates and costs associated with finding new tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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