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 112 m² on the 4th floor, built in 1994. Located on rua Engenheiro Barbosa de Matos, 150, Rio Tinto parish, Gondomar municipality, Porto district. The apartment features a charming arched balcony that enhances its character and connects the living space to outdoor vistas, complementing the preserved traditional parquet flooring.
The valuation. The asking price of €284,000 is substantially above the fair value of €244,873, reflecting a price gap of €39,127 (16.0%). This indicates that the property is overpriced.
Fair value modelled at €244,873 from 6 comparable sales in the area. Asking €284,000 sits €39,127 (16.0%) above — overpriced versus fair value.
Asking €284,000 versus the rua Engenheiro Barbosa de Matos, 150 area baseline of €227,591 (€2,032/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €227,591, adjusted for condition and micro-location, gives a modelled fair value of €244,873 (€2,186/m²), a €39,127 (16.0%) gap versus the €284,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Barbosa de Matos, 150 | Subject | €284,000 | €2,536 | — | 80 | 67 |
| rua São Tiago | Active | €275,000 | €2,148 | 15.3% | 75 | 73 |
| avenida da Carvalha | Active | €330,000 | €2,115 | 16.6% | 78 | 76 |
| rua Mestre Joaquim Pereira Ramos | Active | €269,000 | €2,381 | 6.1% | 79 | — |
| rua Xistos S / N | Active | €275,000 | €2,273 | 10.4% | 70 | 72 |
| Median comp | €275,000 | €2,211 | 12.8% | 77 | 73 |
Market Risk The property is located in a neighbourhood with a score of 50/100, indicating potential concerns regarding long-term desirability. Current market conditions reflect a 16% gap above fair value, highlighting a risk in the investment return. Economic Stability Risk Given the moderate economic indicators in the area, along with a fair condition rating of 79/100, there are uncertainties surrounding future rental demands. The existing yield of 4.5% appears insufficient to offset the property being overpriced at €284,000. Tenant Quality Risk The overall tenant quality remains uncertain in this neighbourhood, which may impact rental stability and return on investment. With the asking price being above fair value, potential fluctuations in tenant demand could present additional risks. Condition and Renovation Risk Although the property is in decent condition, the moderately scored neighbourhood suggests it may not attract desirable tenants easily. Coupled with the property being overpriced, the chances of necessary renovations increasing in value are diminished. Long-Term Investment Viability Considering the property’s current price is above its fair value, the long-term return on investment may not be favorable. Any potential future appreciation could be hindered by the significant gap above fair value. Short-Term Rental Viability The likelihood of successful short-term rental arrangements is further diminished by the property being priced above fair value. This could limit the property's appeal in a market that already shows signs of caution regarding demand. Exit Strategy Considerations With the property listed 16% above fair value, it presents challenges if the investor seeks to exit from the investment. The timing of market corrections and property appreciation may leave the investor facing losses. Future Market Development Risk The current economic indicators suggest a mixed outlook for future market developments in the area. Investing in a property at an inflated price risks being outpaced by market corrections and shifts in buyer sentiment. General Investment Judgment The overall valuation landscape indicates the property is overpriced, leading to potential overexposure for any incoming investor. A calculated approach is advised to navigate the uncertainties associated with this listing.
Economic and tenant stability risk Given the economic stability score of 50/100 and tenant stability score of 50/100, there is a heightened risk of fluctuating rental income and potential vacancies due to an unstable economic environment and tenant turnover.
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