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, 3-bathroom house of 120 m², built in 1970, energy rating C. Located Rio Tinto parish, Gondomar municipality, Porto district. This property features a versatile basement space with external access, ready for conversion into a third bedroom, office, or cinema room, enhancing adaptability for growing families.
The valuation. The asking price of €380,000 is €56,635 below the fair value of €436,635, indicating it is underpriced by approximately 13.0%. This discrepancy presents a solid opportunity for potential buyers. Buy-to-flip angle. The strategy for resale focuses on capitalizing on the €56,635 equity cushion, allowing for renovations or cosmetic upgrades that could enhance the property’s marketability and potentially yield a profitable flip. Buy-to-let angle. With an estimated monthly rental income of €760, the gross yield of 2.4% suggests a steady cash flow strategy, ideally suited for family rentals or long-term tenants in this suburban market.
Fair value modelled at €436,635 from 6 comparable sales in the area. Asking €380,000 sits €56,635 (13.0%) below — the upside to fair value.
Asking €380,000 versus the Rio Tinto, Gondomar, Porto area baseline of €405,445 (€3,379/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €405,445, adjusted for condition and micro-location, gives a modelled fair value of €436,635 (€3,639/m²), a €56,635 (13.0%) gap versus the €380,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 51cc2d | Subject | €380,000 | €3,167 | — | 84 | 71 |
| travessa Heróis da Pátria | Active | €419,000 | €2,775 | 12.4% | 85 | 73 |
| calçada de Medancelhe | Active | €590,000 | €2,837 | 10.4% | 78 | 79 |
| rua de Alcântara, 580 | Active | €475,000 | €6,597 | 108.3% | 75 | 74 |
| Rio Tinto · 99f404 | Active | €899,000 | €4,385 | 38.5% | 75 | 73 |
| Median comp | €532,500 | €3,611 | 14.0% | 77 | 74 |
Family rental The 2-bed house in Rio Tinto offers an attractive entry point for family rentals, given its below fair value listing at €380,000 versus a fair value of €436,635, representing a 13.0% gap. With a condition score of 80/100 and a neighbourhood score of 71/100, this property is likely to appeal to families seeking quality housing in a suburban environment. Buy-and-hold Given the property’s pricing at €380,000, which is underpriced relative to its fair value of €436,635, this 2-bed house could serve as a solid long-term asset for investors looking to capitalize on potential appreciation. The 2.4% gross yield, while modest, is complemented by the strong condition and its favorable neighborhood factors. Long-term rental The underpriced listing of €380,000 for this 2-bed house, compared to a fair value of €436,635, indicates potential for a wise long-term rental investment. Its commendable condition and suburban location contribute to a competitive rental offering, despite the gross yield of 2.4% being on the lower side.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of frequent tenant turnover, which could lead to increased vacancy rates and associated costs.
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