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, 2-bathroom apartment of 77 m², built in 1999, energy rating D. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Key Features: The apartment boasts a cozy fireplace with heat recovery in the living room, offering both ambiance and energy efficiency, complemented by a dedicated electric car charging socket in the garage.
The valuation. The asking price of €265,000 is €29,928 (12.7%) above the fair value of €235,072. This property is assessed as overpriced. Buy-to-flip angle. A buy-to-flip strategy could involve minor renovations to enhance appeal, leveraging the upgraded features for a quicker resale at a higher price point. Buy-to-let angle. With an estimated gross yield of 3.1%, renting the property at approximately €685/month could generate consistent cash flow, making it suitable for long-term rental strategies.
Fair value modelled at €235,072 from 6 comparable sales in the area. Asking €265,000 sits €29,928 (12.7%) above — overpriced versus fair value.
Asking €265,000 versus the estrada Nova area baseline of €217,000 (€2,818/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 €217,000, adjusted for condition and micro-location, gives a modelled fair value of €235,072 (€3,053/m²), a €29,928 (12.7%) gap versus the €265,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €265,000 | €3,442 | — | 70 | 74 |
| rua Marquesa Cadaval | Active | €259,000 | €3,408 | 1.0% | 75 | 76 |
| rua Manuel Serra, 52 | Active | €310,000 | €3,069 | 10.8% | 71 | 71 |
| Baguim do Monte (Rio Tinto) · 93719f | Active | €320,000 | €3,137 | 8.8% | 70 | 75 |
| Baguim do Monte (Rio Tinto) · 5da249 | Active | €292,000 | €2,863 | 16.8% | 70 | 73 |
| Median comp | €301,000 | €3,103 | 9.8% | 71 | 74 |
Long-term rental The property is priced at €265,000, reflecting a 12.7% gap above its fair value of €235,072, which makes it an unattractive option for long-term rental investments. With a gross yield of only 3.1%, investors may find more favorable opportunities in the Porto metropolitan area. Family rental While the suburban safety profile and decent neighborhood ratings suggest a potential market for family rentals, the property’s price of €265,000 is 12.7% over its fair value of €235,072. This overpricing, combined with a modest 3.1% yield, limits its appeal for families looking for cost-effective housing options. Buy-and-hold At a listing price of €265,000, this property is assessed as 12.7% overpriced compared to its fair value of €235,072, raising concerns for a buy-and-hold strategy. The gross yield of 3.1% does not justify the investment, as better long-term growth prospects are likely available elsewhere in the region.
Economic Dependence Risk: With an economic stability score of 80/100 and a tenant stability score of 75/100, there is a potential risk that changes in the local economy could adversely affect tenant retention and rental income, particularly if local unemployment rises or tenant demand decreases in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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