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, 2-bathroom apartment of 139 m² on the 4th floor, built in 2003. Located on rua Ricardo Severo, 45, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment features a spacious balcony with scenic views, and the building is equipped with an elevator for convenient access to the 4th floor.
The valuation. The asking price of €330,000 is €41,618 (14.4%) above the fair value of €288,382, indicating that the property is overpriced. This disparity underscores the need for a careful evaluation before consideration of purchase.
Fair value modelled at €288,382 from 6 comparable sales in the area. Asking €330,000 sits €41,618 (14.4%) above — overpriced versus fair value.
Asking €330,000 versus the rua Ricardo Severo, 45 area baseline of €270,983 (€1,950/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 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 €270,983, adjusted for condition and micro-location, gives a modelled fair value of €288,382 (€2,075/m²), a €41,618 (14.4%) gap versus the €330,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ricardo Severo, 45 | Subject | €330,000 | €2,374 | — | 70 | 66 |
| estrada Dom Miguel | Active | €242,900 | €2,058 | 13.3% | 74 | 71 |
| Fânzeres e São Pedro da Cova · e40aad | Active | €159,000 | €1,314 | 44.7% | 70 | 74 |
| Rio Tinto · 86ccbe | Active | €289,000 | €2,429 | 2.3% | 72 | 72 |
| Valongo · 4a4561 | Active | €345,000 | €2,091 | 11.9% | 75 | 62 |
| Median comp | €265,950 | €2,075 | 12.6% | 73 | 72 |
Long-term rental Despite showing a gross yield of 3.4%, this property is priced 14.4% above its fair value of €288,382, indicating it may not generate desired long-term returns. The condition rating of 71/100 reflects some maintenance needs that could further affect cash flow. Family rental Given its suburban location, the apartment could appeal to families, yet the property is overpriced at €330,000 compared to its fair value. The neighborhood rating of 66/100 suggests that tenant quality may be limited, posing a risk for consistent occupancy and rental income. Buy-and-hold The property’s current pricing exceeds its fair market value, placing it at a disadvantage for long-term appreciation potential. Investors looking to buy-and-hold should be cautious, as a 14.4% premium could hinder overall profit margins in this suburban market.
Tenant turnover risk The economic stability score of 65/100 combined with a tenant stability score of 65/100 suggests a moderate likelihood of tenant turnover, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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