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, 3-bathroom house of 174 m², built in 1970, energy rating B. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy features: This property boasts a landscaped outdoor leisure area with a barbecue and wood oven, ideal for family gatherings and enhancing outdoor living. Condition: Slightly renovated with a new roof and modern energy-efficient installations.
The valuation. The asking price of €450,000 is significantly above its fair value of €402,097, representing a premium of €47,903 (11.9%). This indicates that the property is overpriced, making it less attractive for immediate purchase. Buy-to-flip angle. A buy-to-flip strategy could be challenging given the current overvaluation; however, slight renovations could potentially increase perceived value for a resale. Caution is advised due to projected market stagnation in the suburban area. Buy-to-let angle. The rental income strategy could yield a gross rental income of about €1,088 per month, resulting in a gross yield of 2.9%. This return may appeal to long-term investors, but the mixed neighbourhood score raises some concerns.
Fair value modelled at €402,097 from 6 comparable sales in the area. Asking €450,000 sits €47,903 (11.9%) above — overpriced versus fair value.
Asking €450,000 versus the Rio Tinto, Gondomar, Porto area baseline of €333,207 (€1,915/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 above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €333,207, adjusted for condition and micro-location, gives a modelled fair value of €402,097 (€2,311/m²), a €47,903 (11.9%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 57f5d0 | Subject | €450,000 | €2,586 | — | 75 | 69 |
| rua Campaínha | Active | €580,000 | €1,657 | 35.9% | 78 | 69 |
| rua Dom António Castro Meireles S / N | Active | €599,000 | €2,396 | 7.4% | 85 | 70 |
| Fânzeres e São Pedro da Cova · fe63e2 | Active | €550,000 | €2,148 | 16.9% | 88 | 75 |
| Campanhã · ee8900 | Active | €1,050,000 | €5,932 | 129.4% | 80 | 72 |
| Median comp | €589,500 | €2,272 | 12.1% | 83 | 71 |
Long-term rental This property is considered overpriced at €450,000, as it exceeds the fair value by 11.9%, making it a challenging investment for long-term rental returns. With a gross yield of only 2.9%, the potential cash flow does not justify the elevated price point. Family rental As a family rental, this house's asking price significantly surpasses its fair value, suggesting limited appeal for families seeking a well-priced home. Given the condition rating of 79/100, potential tenants may perceive the property as overpriced relative to its amenities and location. Buy-and-hold While buy-and-hold strategies typically benefit from appreciation over time, this property is overpriced at €450,000, diminishing the potential for long-term value growth. The 11.9% gap from its fair value raises concerns about the return on investment in a fluctuating market. Short-term vacation rental The property is not ideal for short-term vacation rentals due to its high price and a gross yield of only 2.9%, which suggests minimal profitability. Additionally, the mixed employment and demographic factors in the area deter potential short-term guests. Luxury market This house is priced above fair value, thus it does not align with luxury market expectations even with its decent condition rating. The current market dynamics in the suburban area of Gondomar may limit its appeal to high-end buyers.
Economic Vulnerability With an economic stability score of 65/100, the property is at risk of facing fluctuations in market conditions that could impact rental income.
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