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 90 m² on the 2nd floor, built in 1994. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment includes two balconies that enhance natural light and ventilation, along with a cozy fireplace, creating an inviting living atmosphere.
The valuation. The asking price of €250,000 exceeds the fair value of €220,244 by €29,756 (13.5%). As such, the property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy would rely on enhancing the apartment’s appeal through minor renovations, potentially allowing for a resale price significantly higher than the purchase price of €250,000. Buy-to-let angle. With an estimated rental income of €771/month, this property provides a gross yield of 3.7%, suitable for long-term rental aimed at middle-income families in the neighborhood.
Fair value modelled at €220,244 from 6 comparable sales in the area. Asking €250,000 sits €29,756 (13.5%) above — overpriced versus fair value.
Asking €250,000 versus the Rio Tinto, Gondomar, Porto area baseline of €194,214 (€2,158/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €194,214, adjusted for condition and micro-location, gives a modelled fair value of €220,244 (€2,447/m²), a €29,756 (13.5%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 51b61a | Subject | €250,000 | €2,778 | — | 72 | 70 |
| avenida da Carvalha | Active | €250,000 | €2,193 | 21.1% | 72 | 74 |
| rua do Falcão, 382 | Active | €280,000 | €3,256 | 17.2% | 70 | 77 |
| Fânzeres e São Pedro da Cova · 96c47c | Active | €245,000 | €2,290 | 17.6% | 70 | 71 |
| Fânzeres e São Pedro da Cova · 0c04e7 | Active | €269,000 | €2,745 | 1.2% | 74 | 74 |
| Median comp | €259,500 | €2,518 | 9.4% | 71 | 74 |
Long-term rental The 2-bed apartment in Rio Tinto, listed at €250,000, is overpriced with a gap of 13.5% from its fair value of €220,244. While it provides a gross yield of 3.7%, the property's price point limits long-term rental potential against better-valued options in the market. Buy-and-hold Acquiring this apartment for a buy-and-hold strategy seems less advantageous due to its current overvaluation, with a fair value of €220,244 being significantly lower than the listing price. The gross yield of 3.7% is not compelling enough, given the 13.5% premium paid over fair value, which may affect long-term returns. Family rental While the location caters to a middle-income, family-oriented demographic, the high listing price of €250,000 positions this property as overpriced compared to its fair value of €220,244. The resulting yield of 3.7% does not justify the elevated price for attracting family renters in the competitive suburban market.
Economic and Tenant Volatility The combined score of 70/100 in both economic and tenant stability indicates potential volatility in income streams and tenant reliability.
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
