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 107 m² on the 2nd floor, built in 1997, energy rating C. Located on rua da Estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. This apartment features a cozy living room with a fireplace, enhancing comfort, and benefits from two fronts that ensure ample natural light and ventilation throughout its spacious layout.
The valuation. The asking price of €280,000 sits slightly above the fair value of €279,060, showing a minimal premium of €940 (0.3%). The valuation verdict is fair.
Fair value modelled at €279,060 from 6 comparable sales in the area. Asking €280,000 sits €940 (0.3%) above — overpriced versus fair value.
Asking €280,000 versus the rua da Estrada Nova area baseline of €244,581 (€2,286/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €244,581, adjusted for condition and micro-location, gives a modelled fair value of €279,060 (€2,608/m²), a €940 (0.3%) gap versus the €280,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Estrada Nova | Subject | €280,000 | €2,617 | — | 70 | 69 |
| rua São Brás | Active | €265,000 | €2,366 | 9.6% | 73 | 73 |
| Campanhã · da46cc | Active | €300,000 | €3,191 | 22.0% | 75 | 81 |
| Pedrouços · 19f817 | Active | €327,000 | €3,056 | 16.8% | 72 | 75 |
| rua Marques de Sá | Active | €279,900 | €2,014 | 23.0% | 70 | 76 |
| Median comp | €289,950 | €2,711 | 3.6% | 73 | 76 |
Long-term rental Given the apartment's fair valuation at €280,000 compared to a fair value of €279,060, investing in a long-term rental strategy leverages the stable tenant base provided by the suburban environment of Gondomar. With a gross yield of 3.3%, this property aligns well with the demand for long-term housing close to Porto's employment centers. Buy-and-hold A buy-and-hold strategy for this apartment can be supported by its fair pricing and decent condition rating of 74/100, reflecting a property that will maintain its appeal over time. The suburban location offers stability and growth potential, making this approach beneficial for future appreciation. Family rental This 2-bed apartment is well-positioned for a family rental strategy, backed by its favorable features such as a solid neighbourhood score of 69/100. The combination of space, condition, and proximity to Porto enhances its attractiveness to families seeking long-term accommodations, justifying its fair value status.
Tenant Default Risk With both economic and tenant stability scores at 70/100, there is a notable risk of tenant default, which could impact rental income and cash flow stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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