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, 1-bathroom apartment of 117 m², built in 2000, energy rating E. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment's expansive 46 m² terrace offers unobstructed views of Porto, uniquely enhancing outdoor living experiences as the only apartment on the top floor.
The valuation. The asking price of €255,000 sits €26,129 (9.3%) below the fair value of €281,129, which suggests it is reasonably priced given its condition and location. This positions the property as an appealing option for potential investors.
Fair value modelled at €281,129 from 6 comparable sales in the area. Asking €255,000 sits €26,129 (9.3%) below — the upside to fair value.
Asking €255,000 versus the estrada Nova area baseline of €258,742 (€2,211/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €258,742, adjusted for condition and micro-location, gives a modelled fair value of €281,129 (€2,403/m²), a €26,129 (9.3%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €255,000 | €2,179 | — | 70 | 69 |
| rua de Perlinhas | Active | €255,000 | €2,429 | 11.4% | 60 | 73 |
| praça da Corujeira, 136 | Active | €375,000 | €2,451 | 12.5% | 65 | 78 |
| rua Calouste Gulbenkian | Active | €123,500 | €1,211 | 44.4% | — | 73 |
| rua do Falcão | Active | €275,000 | €3,274 | 50.2% | 76 | 78 |
| Median comp | €265,000 | €2,440 | 12.0% | 65 | 76 |
Long-term rental This property is currently priced at €255,000, which is fair compared to the estimated value of €281,129. With a gross yield of 3.6%, it offers stable returns in a neighbourhood with decent amenities and schools, making it suitable for long-term tenants. Family rental The 2-bed apartment in Rio Tinto is appropriately priced, sitting at a €255,000 listing against a fair value of €281,129. Given the positive suburban conditions and good school access, it is well-placed to attract stable family renters. Buy-and-hold At €255,000, the apartment's price is in line with its fair market valuation of €281,129, providing a reasonable opportunity for long-term value appreciation. The combination of a balanced yield and a supportive neighbourhood environment makes this property a viable buy-and-hold investment. Not ideal for: The property is not suitable for short-term vacation rental or student housing, with a gross yield of only 3.6% indicating limited potential in those sectors. Additionally, its condition rating of 68/100 suggests it may not meet the expectations of luxury market tenants.
Economic Dependence Risk The economic stability score of 70/100 indicates potential vulnerabilities in local economic conditions that could impact revenue generation for the property.
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