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 house of 66 m², energy rating F. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: This house includes a spacious 127 m² outdoor garden and patio, ideal for cultivating a personal garden or hosting outdoor activities. Location Benefits: Centrally located with easy access to schools, transportation, and leisure facilities.
The valuation. The asking price of €400,000 is significantly above the fair value of €255,746, indicating an overvaluation of €144,254 (56.4%). This suggests a poor investment opportunity given the property's inflated price relative to its true market value.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €400,000 | €6,061 | — | — | 74 |
| alameda Shop Spot | Active | €271,000 | €4,371 | 27.9% | 58 | 78 |
| Paranhos · 38b7d8 | Active | €285,000 | €5,278 | 12.9% | 70 | 70 |
| Rio Tinto · 49b67f | Active | €303,000 | €3,935 | 35.1% | 65 | 76 |
| Baguim do Monte (Rio Tinto) · 7354d4 | Active | €190,000 | €1,759 | 71.0% | — | 70 |
| Median comp | €278,000 | €4,153 | 31.5% | 65 | 73 |
Long-term rental Despite the suburban context of Gondomar providing a decent quality of life, the property's yield of 2.5% indicates that it may not generate sufficient income to justify its listing price of €400,000. Given that the fair value is significantly lower at €255,746, this property is overpriced and does not align with long-term rental investment objectives. Buy-and-hold The economic strength of the Porto region suggests potential for appreciation; however, the 56.4% gap between listing price and fair value reveals that this investment is currently overpriced. Investors should consider that the high price relative to fair market value may hinder potential gains in the buy-and-hold strategy. Family rental While the neighbourhood has a respectable score of 74/100, indicating good amenities and tenant quality, the asking price of €400,000 is excessive compared to the calculated fair value of €255,746. Therefore, this property may not offer a viable opportunity for family rental in the current market context, as it is overpriced. Short-term vacation rental Given the property’s condition rating of 0/100, it would require significant investment and renovation, making it a poor candidate for short-term vacation rental opportunities. The overpriced nature of the house further complicates its appeal in this market segment. Luxury market This property does not meet the standards typically expected in the luxury market, further compounded by its overpriced status of €400,000 against a fair value of €255,746. Potential buyers should be cautious, as the expected returns are likely insufficient for luxury investment criteria. Student housing The property's smaller size and high listing price do not cater well to the student housing market, which often favors affordability and accessibility. With current valuations indicating that it is overpriced, this property is unlikely to attract student tenants effectively.
Economic Vulnerability The economic stability score of 75 suggests potential fluctuations in economic conditions that could affect tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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