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 73 m², built in 1985, energy rating C. Located on parque Nascente, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features an enclosed terrace accessible from both the kitchen and living room, enhancing its living space and providing additional versatility for entertaining.
The valuation. The asking price of €244,500 sits €7,131 above the fair value of €237,369, indicating the property is fairly priced in the current market. This slight premium reflects its condition and location advantages.
Fair value modelled at €237,369 from 6 comparable sales in the area. Asking €244,500 sits €7,131 (3.0%) above — overpriced versus fair value.
Asking €244,500 versus the parque Nascente area baseline of €197,888 (€2,711/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 €197,888, adjusted for condition and micro-location, gives a modelled fair value of €237,369 (€3,252/m²), a €7,131 (3.0%) gap versus the €244,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque Nascente | Subject | €244,500 | €3,349 | — | 80 | 68 |
| rua Boavista, 208 | Active | €236,000 | €2,950 | 11.9% | 88 | 75 |
| rua Luis de Camões | Active | €195,500 | €2,506 | 25.2% | 75 | 78 |
| estrada Nova | Active | €287,500 | €3,194 | 4.6% | 75 | 71 |
| Rio Tinto · d749fd | Active | €292,500 | €3,441 | 2.7% | 76 | 72 |
| Median comp | €261,750 | €3,072 | 8.3% | 76 | 74 |
Long-term rental The property's gross yield of 4.1% indicates a steady income potential, though the fair value evaluation suggests it is precisely priced rather than a value opportunity. This makes it suitable for long-term rental, as the location offers good urban connectivity and low regional crime rates, appealing to a stable tenant pool. Buy-and-hold Given the fair value of €237,369 and the close listing price of €244,500, the property presents a measured investment case for a buy-and-hold strategy without significant immediate upside. However, its decent condition rating of 79/100 and the area's suburban appeal may support long-term appreciation over time. Family rental The property is well-positioned for family rentals owing to its size and good connectivity, complemented by the fair market valuation. With satisfactory local amenities and schools that, while not cutting-edge, still meet the needs of families, it can attract long-term tenants looking for stability in a suburban environment.
Economic exposure risk The property may face economic instability due to a score of 70/100, which indicates a moderate vulnerability to market fluctuations that could affect tenant occupancy and rental income. Tenant turnover risk With a tenant stability score of 65/100, there is an increased likelihood of tenant turnover, potentially leading to more frequent vacancy periods and loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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