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.
3-bedroom, 2-bathroom apartment of 120 m² on the 3rd floor, built in 2001. Located Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment boasts dual balconies offering expansive views and convenient access to public transport and local amenities, enhancing urban living while ensuring privacy.
The valuation. The asking price of €257,500 is positioned slightly below the fair value of €275,183, indicating a difference of €17,683 (6.4%). This suggests the property is priced at a fair level in the current market.
Fair value modelled at €275,183 from 6 comparable sales in the area. Asking €257,500 sits €17,683 (6.4%) below — the upside to fair value.
Asking €257,500 versus the Baguim do Monte (Rio Tinto), Gondomar, Porto area baseline of €265,507 (€2,213/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 €265,507, adjusted for condition and micro-location, gives a modelled fair value of €275,183 (€2,293/m²), a €17,683 (6.4%) gap versus the €257,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baguim do Monte (Rio Tinto) · 76b27c | Subject | €257,500 | €2,146 | — | 60 | 66 |
| estrada Nova | Active | €279,000 | €2,447 | 14.1% | 70 | 73 |
| Ermesinde · f14e31 | Active | €279,000 | €2,214 | 3.2% | 70 | 75 |
| rua Xistos S / N | Active | €275,000 | €2,273 | 5.9% | 70 | 72 |
| rua São Francisco Xavier | Active | €285,000 | €2,436 | 13.5% | 65 | 72 |
| Median comp | €279,000 | €2,355 | 9.7% | 70 | 73 |
Long-term rental This property in Baguim do Monte is well-positioned for long-term rental with a competitive gross yield of 4.3%, aligning with the area's rental demand influenced by its proximity to Porto. Despite its fair valuation status, the condition of the apartment and neighborhood score suggest it may not attract the highest tenant quality, potentially impacting long-term returns. Buy-and-hold Holding onto this property in Baguim do Monte can be a strategic move, as it is situated in a region that benefits from urban amenities typical of Greater Porto, ensuring steady demand for housing. The fair value appraisal indicates that while there is a minor potential appreciation, investors should be prepared for a stagnant market due to the current pricing. Value-add renovation While the property is priced fairly, there is an opportunity for value-add renovation to elevate its overall condition rating of 67 and enhance tenant appeal in a competitive market. By investing in targeted upgrades, investors may improve their yield, but the existing price level suggests a cautious approach to ensure renovations align with potential market appreciation. Not ideal for short-term vacation rental Given the fair valuation of this property in Baguim do Monte, it may not generate strong short-term rental income despite the proximity to Porto, as the neighborhood quality is moderate. Investors should consider that the competition in the short-term rental market may dilute potential earnings in this segment. Not ideal for student housing The property’s fair market price and neighborhood score suggest that it may not be best suited for student housing, as the educational infrastructure does not guarantee high occupancy rates. Furthermore, any slight gap to fair value indicates limited financial flexibility for catering to the unique needs of student tenants. Not ideal for luxury market This property is not aligned with luxury market expectations, as its fair price, practical condition, and moderate neighborhood scores do not meet the criteria for high-end buyers. Investors should avoid positioning this apartment in the luxury market, where demand is skewed towards premium offerings.
Economic vulnerability The economic stability score of 75 indicates a relatively strong local economy, but the tenant stability score of 60 suggests potential concerns with tenant turnover, which may impact rental income consistency.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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