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.
1-bedroom, 1-bathroom apartment of 60 m², energy rating C. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This apartment features a stylish fireplace in the living room and a balcony extending from both the kitchen and bedroom, enhancing outdoor living space.
The valuation. The asking price of €270,000 exceeds the fair value of €194,976 by €75,024, which is 38.5%. This indicates that the property is overpriced for the current market conditions.
Fair value modelled at €194,976 from 6 comparable sales in the area. Asking €270,000 sits €75,024 (38.5%) above — overpriced versus fair value.
Asking €270,000 versus the estrada Nova area baseline of €180,847 (€3,014/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €180,847, adjusted for condition and micro-location, gives a modelled fair value of €194,976 (€3,250/m²), a €75,024 (38.5%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €270,000 | €4,500 | — | — | 74 |
| rua Monte Pedro | Active | €215,000 | €3,071 | 31.7% | 68 | 69 |
| rua Doutor Porfírio de Andrade, 253 | Active | €229,500 | €2,765 | 38.6% | 70 | 68 |
| Águas Santas · 001bb5 | Active | €220,000 | €3,188 | 29.1% | 72 | 70 |
| rua Dâmaso Carreiro, 28 | Active | €285,000 | €5,938 | 31.9% | 76 | 75 |
| Median comp | €224,750 | €3,130 | 30.5% | 71 | 70 |
Long-term rental The property is currently listed at €270,000, which is significantly above its fair value of €194,976, indicating it is overpriced by 38.5%. With a gross yield of only 3% and a neighborhood score of 74/100, the long-term rental potential does not justify the current asking price. Family rental Given the suburban location and reasonable condition score of 75/100, this property could theoretically appeal to families seeking a long-term home. However, at €270,000, the gap to fair value suggests families may find better options elsewhere, rendering it overpriced for the market. Buy-and-hold While the property has potential due to its proximity to Porto's employment opportunities and urban infrastructure, the market's current valuation of €270,000 is not supported by its fair value of €194,976. This significant price difference indicates it is overpriced and may not yield favorable returns over a buy-and-hold strategy. Short-term rental This property is not ideal for a short-term rental strategy due to its overpriced listing at €270,000, which is disproportionate to its fair value. The less favorable yield and neighborhood score further complicate the viability of this approach. Luxury market Selling or renting this property in the luxury market would be challenging, especially given its current price point of €270,000. The affordability and features do not align with luxury criteria, reinforcing that the property is overpriced.
Tenant turnover risk With a tenant stability score of 70/100, there is a significant risk of higher tenant turnover, potentially leading to increased vacancy rates and inconsistent 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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