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 124 m², built in 1994, energy rating D. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a spacious private terrace of 31.40 m2, ideal for creating an inviting outdoor leisure area, enhancing the overall living experience. Location Perks: Well-served by public transport, with easy access to metro and essential services nearby.
The valuation. The asking price of €379,000 is €57,840 (18.0%) above the fair value of €321,160. This property is considered overpriced in the current market.
Fair value modelled at €321,160 from 6 comparable sales in the area. Asking €379,000 sits €57,840 (18.0%) above — overpriced versus fair value.
Asking €379,000 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €265,768 (€2,143/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €265,768, adjusted for condition and micro-location, gives a modelled fair value of €321,160 (€2,590/m²), a €57,840 (18.0%) gap versus the €379,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 8314da | Subject | €379,000 | €3,056 | — | 75 | 67 |
| Rio Tinto · 38b22c | Active | €380,000 | €3,167 | 3.6% | 72 | 70 |
| rua do Sr. do Calvário, 20 | Active | €380,000 | €3,167 | 3.6% | 80 | 76 |
| praceta das Areias, 233 | Active | €232,500 | €2,500 | 18.2% | 75 | 74 |
| Fânzeres e São Pedro da Cova · bf28d8 | Active | €268,000 | €2,680 | 12.3% | 78 | 69 |
| Median comp | €324,000 | €2,924 | 4.3% | 77 | 72 |
Long-term rental This property appears to be overpriced, with a gap of 18.0% compared to its fair value of €321,160, which limits the potential profitability of a long-term rental strategy. With a gross yield of only 3.2%, this investment may not provide adequate returns in the long-term rental market. Family rental Given the 18.0% premium over fair value, this property is not positioned as an attractive option for family rentals, especially with a yield of just 3.2%. Families seeking rentals in suburban areas may gravitate toward properties with better price-to-value propositions. Buy-and-hold The current valuation of €379,000, compared to the fair value of €321,160, means this buy-and-hold strategy faces challenges, particularly with an unsatisfactory yield of 3.2%. Overpricing reduces the potential appreciation and rental income that typically makes a buy-and-hold strategy appealing. Not ideal for short-term vacation rental The property’s 18.0% premium over fair value indicates a lack of attractiveness for short-term vacation rentals, where price competitiveness is crucial. Given its suburban location, it may struggle to attract tourists compared to more centrally located options. Not ideal for luxury market With a fair value significantly lower than the listing price, this apartment does not align with the expectations of luxury market buyers who demand high returns on their investments. The perceived value in terms of amenities and neighborhood ratings falls short for this demographic. Not ideal for student housing The 3-bed apartment is overpriced and carries a premium of 18.0% compared to fair market value, making it less suitable for student housing, which relies on competitive pricing. The neighborhood’s overall rating further contributes to its lack of appeal for this specific tenant demographic.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk of higher tenant turnover, potentially leading to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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