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 90 m² on the 1st floor, built in 1994, energy rating E. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes a conservatory for laundry, enhancing utility, and offers direct garage access from the building for added convenience. Condition Notes: The property displays a mix of modern and slightly dated features, with some areas showing signs of wear that could benefit from updates; overall appeal is decent despite minor maintenance needs.
The valuation. The asking price of €280,000 sits €20,444 (7.9%) above the fair value of €259,556, suggesting the property is fairly priced. This aligns with the current market trends in the Gondomar area.
Fair value modelled at €259,556 from 6 comparable sales in the area. Asking €280,000 sits €20,444 (7.9%) above — overpriced versus fair value.
Asking €280,000 versus the Rio Tinto, Gondomar, Porto area baseline of €262,982 (€2,922/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 59/100 is below the parish average, reducing 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 €262,982, adjusted for condition and micro-location, gives a modelled fair value of €259,556 (€2,884/m²), a €20,444 (7.9%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 829010 | Subject | €280,000 | €3,111 | — | 60 | 68 |
| Baguim do Monte (Rio Tinto) · 25f85d | Active | €254,800 | €2,474 | 20.5% | — | 72 |
| rua Marquesa Cadaval, 140 | Active | €234,900 | €2,447 | 21.4% | 68 | 76 |
| rua Nova de Santegãos S / N | Active | €280,000 | €3,294 | 5.9% | 68 | 67 |
| rua Vale de Flores | Active | €257,000 | €2,274 | 26.9% | 68 | 74 |
| Median comp | €255,900 | €2,461 | 20.9% | 68 | 73 |
Long-term rental The property yields a gross return of 3.3%, which is in line with the average for suburban areas near Porto. With a fair value of €259,556, the current listing of €280,000 indicates that the investment is priced fairly, providing stable rental income opportunities. Family rental Given the low crime rates and the family-oriented desirability of the location, this apartment is well-suited for long-term family rentals. Priced fairly at €280,000, it meets the needs of families looking for comfortable suburban living. Buy-and-hold This property stands as a reasonable buy-and-hold investment given its fair value assessment and stable neighborhood dynamics. A listing price of €280,000 reflects the property's consistent appeal without presenting an opportunity for immediate appreciation. Not ideal for luxury market This apartment does not cater to the luxury market; pricing is fair but not competitive for higher-end buyers. Its metrics suggest it is best positioned for typical family and long-term rental demographics. Not ideal for short-term vacation rental The property is not a fit for the short-term vacation rental market, given its fair valuation and average condition score of 59/100. The area’s suburban nature appeals more to long-term occupants than transient visitors.
Economic Vulnerability The property may face challenges due to its moderate economic stability score of 70, indicating potential economic fluctuations that could impact rental income and tenant retention.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
