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, 0-bathroom apartment of 90 m², energy rating D. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a high-security door with smart locking options and a fireplace with heat recovery that distributes warmth to the bedrooms, enhancing comfort and security.
The valuation. The asking price of €310,000 is significantly above fair value, which is estimated at €274,933. This results in an overpriced status of €35,067 (12.8%).
Fair value modelled at €274,933 from 6 comparable sales in the area. Asking €310,000 sits €35,067 (12.8%) above — overpriced versus fair value.
Asking €310,000 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €251,390 (€2,793/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €251,390, adjusted for condition and micro-location, gives a modelled fair value of €274,933 (€3,055/m²), a €35,067 (12.8%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 83166a | Subject | €310,000 | €3,444 | — | 74 | 76 |
| Valongo · 28bc62 | Active | €279,000 | €3,244 | 5.8% | 70 | 71 |
| Baguim do Monte (Rio Tinto) · 622987 | Active | €250,000 | €2,841 | 17.5% | 75 | 72 |
| estrada Nova | Active | €256,500 | €3,288 | 4.5% | 75 | 70 |
| rua Padre Joaquim das Neves S / N | Active | €259,000 | €3,198 | 7.2% | 70 | 71 |
| Median comp | €257,750 | €3,221 | 6.5% | 73 | 71 |
Long-term rental This property presents a gross yield of 3.4%, which is relatively low compared to the current market expectations, indicating a limited return on investment. Given its fair value is €274,933 and it is listed at €310,000, the property is overpriced, compromising long-term rental viability. Family rental The family rental market in the area could see demand due to proximity to Porto and community amenities; however, the property's pricing of €310,000 makes it a less appealing option for families. The yield of only 3.4% reflects the overpriced nature of this investment, reducing its attractiveness to family tenants seeking value-for-money. Buy-and-hold While the location promotes steady demand, the gap between the listing price and fair value suggests that this buy-and-hold strategy may not yield the anticipated long-term appreciation in value. Priced at €310,000, the investment is deemed overpriced, which could hinder its performance in a buy-and-hold context. Not ideal for: Luxury market, Short-term rental, Student housing.
Potential tenant turnover risk Given the tenant stability score of 70/100, there is a possibility of higher turnover rates, which could lead to increased vacancy periods and rental income instability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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