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 134 m², built in 1997, energy rating D. Located on rua de Medancelhe, 69, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: The property includes a private terrace equipped with a barbecue, perfect for outdoor leisure and gatherings, and is located within a condominium that offers a private garden space.
The valuation. The asking price of €269,900 is positioned below the fair value of €299,743, signifying a subvalorizada opportunity by €29,843 (10.0%). This attractive pricing suggests potential for yield enhancement. Buy-to-flip angle. The buy-to-flip strategy could capitalize on the underpricing, targeting a profitable resale by enhancing appeal through minor upgrades. A prudent investment in cosmetic updates could significantly increase resale value. Buy-to-let angle. With an estimated gross yield of 4.5%, the rental income potential stands at approximately €1,012 per month, making it a favorable long-term rental option. The solid condition and desirable location near Porto enhance the attractiveness to prospective tenants.
Fair value modelled at €299,743 from 6 comparable sales in the area. Asking €269,900 sits €29,843 (10.0%) below — the upside to fair value.
Asking €269,900 versus the rua de Medancelhe, 69 area baseline of €289,781 (€2,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €289,781, adjusted for condition and micro-location, gives a modelled fair value of €299,743 (€2,237/m²), a €29,843 (10.0%) gap versus the €269,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Medancelhe, 69 | Subject | €269,900 | €2,014 | — | 72 | 74 |
| rua Natália Correia, 32 | Active | €292,000 | €2,147 | 6.6% | 68 | 77 |
| Baguim do Monte (Rio Tinto) · e40aa5 | Active | €145,000 | €1,510 | 25.0% | 70 | 69 |
| rua D. Amélia Moutinho Alves, 536-1º | Active | €229,500 | €2,342 | 16.3% | 70 | 69 |
| Pedrouços · e8365b | Active | €290,000 | €2,397 | 19.0% | 78 | 71 |
| Median comp | €259,750 | €2,245 | 11.4% | 70 | 70 |
Long-term rental This 2-bed apartment in Rio Tinto presents a strong investment opportunity for long-term rental given its underpriced status, with a fair value exceeding the listing price by 10%. The 4.5% gross yield further enhances its attractiveness, making it a solid choice in a suburban setting with good quality tenants. Family rental Targeting families seeking spacious living arrangements, this apartment's fair value suggests that its listing is underpriced by 10%, making it appealing to potential tenants. The neighborhood's favorable amenities and low crime rate create an inviting environment for families, increasing demand for such a rental. Buy-and-hold The buy-and-hold strategy aligns well with this underpriced 2-bed apartment, as it offers both a solid gross yield of 4.5% and potential for appreciation. Given the proximity to Porto and the overall quality of the neighborhood, this property is a strategic long-term investment option.
Economic Vulnerability Given an economic stability score of 70/100, the property may face risks from local economic downturns that could impact tenant retention and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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