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 on the 3rd floor, energy rating D. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy features: This apartment includes a private balcony with a view, enhancing the living space and providing a personal outdoor area for relaxation.
The valuation. The asking price of €204,000 sits €11,076 above the fair value of €192,924, representing a 5.7% premium. Overall, the price is considered fair based on current market conditions. Buy-to-flip angle. A buy-and-flip strategy could generate profitability through renovations and upgrades, targeting a resale price above €215,000 after enhancements. This leverages the apartment's location and current valuation. Buy-to-let angle. With an estimated rental income of €680 per month, the gross yield stands at 4%. This attractive yield supports a long-term rental strategy, appealing to families seeking proximity to Porto's amenities.
Fair value modelled at €192,924 from 6 comparable sales in the area. Asking €204,000 sits €11,076 (5.7%) above — overpriced versus fair value.
Asking €204,000 versus the Rio Tinto, Gondomar, Porto area baseline of €195,200 (€3,253/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing 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 €195,200, adjusted for condition and micro-location, gives a modelled fair value of €192,924 (€3,215/m²), a €11,076 (5.7%) gap versus the €204,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 76aeae | Subject | €204,000 | €3,400 | — | 58 | 76 |
| parque Nascente | Active | €235,000 | €3,456 | 1.6% | 68 | 71 |
| rua Marquesa Cadaval, 140 | Active | €234,900 | €2,447 | 28.0% | 68 | 76 |
| travessa João Vieira, 674 | Active | €225,000 | €3,629 | 6.7% | 65 | 64 |
| rua Monte Pedro | Active | €215,000 | €3,071 | 9.7% | 68 | 69 |
| Median comp | €229,950 | €3,264 | 4.0% | 68 | 70 |
Long-term rental The property offers a fair yield of 4%, which aligns well with the market average in the Greater Porto area. Given its suburban characteristics and proximity to Porto, it attracts a reliable tenant quality, making it a solid option for long-term rentals. Family rental With a good neighborhood rating of 76/100, the property is positioned to appeal to families seeking stable housing. The combination of amenities and educational opportunities in the area supports a reasonable demand for family rentals, though the property itself remains priced fairly. Buy-and-hold As a buy-and-hold investment, this property presents a reasonable opportunity due to its fair market value and decent yield potential. The location's suburban nature offers an environment conducive to steady appreciation over time, albeit the current value is established as fair rather than advantageous.
Tenant turnover risk The combined tenant stability score of 75 suggests a moderate risk of tenant turnover, which may lead to potential vacancies and loss of rental income for the property.
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