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 114 m² on the 2nd floor, built in 1994, energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a cozy fireplace in the common room and benefits from a practical pantry, enhancing both comfort and storage options in the living area.
The valuation. The asking price of €279,000 is €12,076 or 4.5% above the fair value of €266,924. This property is fairly valued, indicating potential for a stable investment without significant initial price concerns.
Fair value modelled at €266,924 from 5 comparable sales in the area. Asking €279,000 sits €12,076 (4.5%) above — overpriced versus fair value.
Asking €279,000 versus the estrada Nova area baseline of €251,000 (€2,202/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €251,000, adjusted for condition and micro-location, gives a modelled fair value of €266,924 (€2,341/m²), a €12,076 (4.5%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €279,000 | €2,447 | — | 70 | 73 |
| rua São Francisco Xavier | Active | €285,000 | €2,436 | 0.5% | 65 | 72 |
| rua de São Francisco Xavier | Active | €274,500 | €2,307 | 5.7% | 64 | 72 |
| Rio Tinto · 8751d1 | Active | €259,900 | €2,341 | 4.3% | 60 | 69 |
| estrada Nova | Active | €274,500 | €2,307 | 5.7% | 60 | 63 |
| Median comp | €274,500 | €2,324 | 5.0% | 62 | 71 |
Long-term rental The property offers a gross yield of 4.1%, which is reasonable in the context of the suburban area near Porto. With a fair value of €266,924 and listed at €279,000, it suggests that the rental income will cover costs without significant upside potential. Family rental The property is suitable for families seeking comfortable living space in a stable neighborhood with a score of 73/100. Given the fair valuation at €266,924, this property has appeal but limited growth potential in a competitive rental market. Buy-and-hold Holding this property could yield steady cash flow, given its gross yield of 4.1%, but purchase costs are slightly above fair market value. The combination of a favorable location near Porto and a stable neighborhood rating of 73/100 supports long-term investment, albeit with limited appreciation prospects. Not ideal for Student housing, Luxury market, Value-add renovation
Tenant turnover risk The combined economic and tenant stability scores of 70/100 and 75/100 indicate a moderate risk of tenant turnover, which may impact cash flow.
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
