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 90 m². Located Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a dual-front layout that maximizes natural light, complemented by convenient transport links and local amenities in the vibrant area of Rio Tinto.
The valuation. The asking price of €245,000 sits slightly above the fair value of €242,641, representing a 1.0% premium. This property is fairly priced relative to the local market conditions. Buy-to-flip angle. With minimal renovations needed, this apartment could be marketed to families or young professionals, appealing particularly due to its proximity to Porto. A quick flip could yield a substantial profit with a carefully planned upgrade strategy. Buy-to-let angle. The estimated rental income of €898 per month offers a gross yield of 4.4%, making it an attractive long-term investment. Its location near Porto favors consistent rental demand, especially for family rentals and young professionals.
Fair value modelled at €242,641 from 6 comparable sales in the area. Asking €245,000 sits €2,359 (1.0%) above — overpriced versus fair value.
Asking €245,000 versus the Rio Tinto, Gondomar, Porto area baseline of €228,798 (€2,542/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 €228,798, adjusted for condition and micro-location, gives a modelled fair value of €242,641 (€2,696/m²), a €2,359 (1.0%) gap versus the €245,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 5b874e | Subject | €245,000 | €2,722 | — | 65 | 75 |
| Campanhã · f5ec0b | Active | €320,000 | €3,137 | 15.2% | 75 | 80 |
| avenida Carvalha | Active | €299,900 | €1,947 | 28.5% | 72 | 74 |
| Campanhã · 8933e2 | Active | €500,000 | €3,817 | 40.2% | 59 | 74 |
| avenida de Fernão de Magalhães S / N | Active | €285,000 | €2,822 | 3.7% | 65 | 68 |
| Median comp | €309,950 | €2,980 | 9.5% | 69 | 74 |
Long-term rental With a yield of 4.4%, this property presents a stable option for long-term rental in a location that enjoys proximity to Porto, enhancing its appeal to tenants. Given its fair valuation, the investment aligns with market expectations, making it a reasonable choice for steady rental income. Buy-and-hold The property’s condition of 66/100 suggests that it may require some periodic maintenance, but its fair value indicates that it is priced in line with current market trends. Holding onto this apartment in a neighborhood rated 75/100 can be advantageous given the positive long-term growth potential in Gondomar. Family rental This 3-bedroom apartment is suitable for families, and its location near Porto offers strong local services and amenities that enhance its attractiveness to this demographic. Priced fairly, it may appeal to families seeking a comfortable living space in a well-connected area while remaining with reasonable rental expectations.
Tenant turnover risk High tenant turnover may occur due to a relatively moderate tenant stability score of 70/100, potentially leading to increased vacancy costs and loss of rental income over time.
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