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 87 m², energy rating E. Located on rua Doutor Júlio Pires, Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy features: This apartment benefits from an elevated ground floor, enhancing security while providing easy access, and is strategically located within walking distance to essential services and public transport.**
The valuation. The asking price of €249,000 is significantly above the fair value of €217,065, indicating that the property is overpriced by €31,935, or 14.7%. There is little justification for this premium in today’s market.
Fair value modelled at €217,065 from 6 comparable sales in the area. Asking €249,000 sits €31,935 (14.7%) above — overpriced versus fair value.
Asking €249,000 versus the rua Doutor Júlio Pires area baseline of €185,335 (€2,130/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 €185,335, adjusted for condition and micro-location, gives a modelled fair value of €217,065 (€2,495/m²), a €31,935 (14.7%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Júlio Pires | Subject | €249,000 | €2,862 | — | 73 | 78 |
| Gondomar (São Cosme), Valbom e Jovim · 1626ed | Active | €280,000 | €2,373 | 17.1% | 75 | 79 |
| rua Ferreira Castro, 88 | Active | €247,900 | €2,504 | 12.5% | 74 | 80 |
| Fânzeres e São Pedro da Cova · e834c6 | Active | €249,000 | €2,490 | 13.0% | 70 | 65 |
| rua Professora Filomena Monteiro, 149 | Active | €275,000 | €2,500 | 12.7% | 80 | 77 |
| Median comp | €262,000 | €2,495 | 12.8% | 75 | 78 |
Long-term rental The current listing price of €249,000 reflects a 14.7% premium over the fair value of €217,065, indicating that the apartment is overpriced. With a gross yield of 4.5%, a long-term rental strategy may not yield desirable returns due to elevated acquisition costs. Buy-and-hold At a listing price of €249,000, this property exceeds its fair value by 14.7%, suggesting it is overpriced and could hinder achieving optimal capital appreciation in the long run. While the area benefits from the amenities of Greater Porto, the investment may not align with projected growth due to the current pricing. Family rental Currently listed at €249,000, this apartment is 14.7% above its fair value, categorizing it as overpriced and potentially limiting its appeal for family rentals. Although the property is situated within a decent neighborhood, the elevated price may deter potential tenants.
Economic concerns due to tenant turnover The tenant stability score of 75/100 indicates a potential risk of increased turnover, which may lead to higher vacancy rates or costs associated with finding new tenants.
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