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 144 m², built in 2001, energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The apartment boasts a spacious balcony ideal for outdoor dining, along with a well-maintained kitchen featuring quality appliances that blend modern convenience with classic charm.
The valuation. The asking price of €365,000 sits slightly above the fair value of €356,435 by €8,565 (2.4%). The property is considered priced fairly. Buy-to-flip angle. The buy-to-flip strategy could focus on making targeted improvements to enhance the property's aesthetic and marketability, potentially allowing for a profitable resale at a higher price. Buy-to-let angle. A long-term rental strategy would aim for an estimated monthly income of €821, yielding a gross return of 2.7%, appealing to families seeking suburban living near Porto.
Fair value modelled at €356,435 from 6 comparable sales in the area. Asking €365,000 sits €8,565 (2.4%) above — overpriced versus fair value.
Asking €365,000 versus the estrada Nova area baseline of €338,735 (€2,352/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €338,735, adjusted for condition and micro-location, gives a modelled fair value of €356,435 (€2,475/m²), a €8,565 (2.4%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €365,000 | €2,535 | — | 70 | 64 |
| Ermesinde · 5e6493 | Active | €272,000 | €2,590 | 2.2% | 68 | 72 |
| Fânzeres e São Pedro da Cova · 831340 | Active | €226,000 | €2,723 | 7.4% | — | 76 |
| estrada Nova | Active | €280,000 | €2,105 | 16.9% | 58 | 72 |
| rua Timor | Active | €259,500 | €2,425 | 4.3% | 74 | 73 |
| Median comp | €265,750 | €2,508 | 1.1% | 68 | 73 |
Long-term rental The property is priced at €365,000, which is marginally above its fair value of €356,435, indicating it is fairly priced for long-term rental potential. The area's suburban setting and reliable public transport suggest consistent demand, yielding a gross return of 2.7%. Family rental With a fair valuation of €356,435 against a listing price of €365,000, this property represents a fair opportunity for family rentals in a suburban area near Porto. The condition score of 66/100 indicates that while the apartment requires some updates, it remains suitable for family living at a reasonable rental yield. Buy-and-hold Valued at €356,435 yet listed at €365,000, the property is priced fairly for a buy-and-hold strategy in the Gondomar area. This strategy may benefit from gradual appreciation and reliable family tenant demand, given the gross yield of 2.7%. Not ideal for short-term rental Due to its fair price relative to market value, the property does not support a strong case for short-term rental investment, as the competition may offer better income potential. Moreover, the overall ratings for condition and neighborhood suggest more stable, long-term residency performance may be preferable. Not ideal for luxury market The listing price of €365,000 does not reflect any luxury market appeal, as its fair value indicates it is simply a regular family-oriented apartment. Given its condition and neighborhood ratings, there is an unlikely opportunity for appreciation in luxury rental metrics. Not ideal for student housing At €365,000, the apartment's fair valuation shows it is appropriately priced but poses challenges for targeting the student rental market due to its size and family-oriented amenities. The proximity to reliable transport may not offset the demand volatility typically associated with student housing.
Economic Vulnerability The property is sensitive to economic fluctuations due to its economic stability score of 65, suggesting potential volatility in rental income and occupancy rates.
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