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 93 m² on the 3rd floor, built in 1994. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment includes a charming fireplace in the living room and a sunroom off the kitchen that offers extra natural light and outdoor connection.
The valuation. The asking price of €290,000 exceeds the fair value of €253,550 by €36,450 (14.4%), indicating that the property is overpriced and may be a caution for potential buyers. Buy-to-flip angle. A buy-to-flip strategy can be beneficial if modernization increases appeal, potentially allowing for a higher resale price after improvements. Buy-to-let angle. With an estimated rental income of €604/month, the gross yield stands at 2.5%, making it more suitable for long-term rental rather than immediate investment income.
Fair value modelled at €253,550 from 6 comparable sales in the area. Asking €290,000 sits €36,450 (14.4%) above — overpriced versus fair value.
Asking €290,000 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €243,760 (€2,621/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 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 €243,760, adjusted for condition and micro-location, gives a modelled fair value of €253,550 (€2,726/m²), a €36,450 (14.4%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 53cb35 | Subject | €290,000 | €3,118 | — | 70 | 73 |
| rua Central | Active | €245,000 | €2,500 | 19.8% | 72 | 65 |
| rua Doutor António Macedo, 442 | Active | €250,000 | €2,717 | 12.9% | 65 | 61 |
| Fânzeres e São Pedro da Cova · b7c30b | Active | €235,000 | €2,866 | 8.1% | 65 | 72 |
| rua Vale da Pinha S / N | Active | €279,000 | €2,735 | 12.3% | 68 | 71 |
| Median comp | €247,500 | €2,726 | 12.6% | 67 | 68 |
Long-term rental This property at €290,000 is overpriced compared to its fair value of €253,550, resulting in a 14.4% gap that erodes long-term return potential. With a gross yield of only 2.5%, investing here may not secure favorable cash flow for long-term rental strategies. Buy-and-hold The €290,000 asking price exceeds the fair value of €253,550, marking this property as overpriced by 14.4%, which diminishes its attractiveness for a buy-and-hold strategy. Given the modest 2.5% gross yield, holding this property may not yield significant returns over time, suggesting a reconsideration of purchase. Family rental Priced at €290,000, this property is overpriced against a fair value of €253,550 with a 14.4% gap, likely deterring families seeking affordable rental options. The low gross yield of 2.5% further indicates that this asset may not be the best fit for family rental purposes, as it fails to provide adequate value for money.
Economic volatility risk Economic and tenant stability scores of 70 and 75 indicate potential vulnerabilities to economic downturns that could impact rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
