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 84 m². Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. Notable Feature: This property includes a closed garage space with common access, providing added convenience for parking and storage, which enhances its appeal for both owners and investors. Investment Potential: The property is for renovation, allowing buyers to personalize the space and capitalize on its appreciation potential.
The valuation. The asking price of €200,000 is positioned at a 5.6% premium over the fair value of €189,364, indicating a fair valuation. This suggests the property is fairly priced relative to its assessed worth.
Fair value modelled at €189,364 from 6 comparable sales in the area. Asking €200,000 sits €10,636 (5.6%) above — overpriced versus fair value.
Asking €200,000 versus the estrada Nova area baseline of €224,505 (€2,673/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 44/100 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 €224,505, adjusted for condition and micro-location, gives a modelled fair value of €189,364 (€2,254/m²), a €10,636 (5.6%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| estrada Nova | Subject | €200,000 | €2,381 | — | 42 | 77 |
| Fânzeres e São Pedro da Cova · 8316be | Active | €275,000 | €2,052 | 13.8% | 40 | 66 |
| rua das Escolas S / N | Active | €240,000 | €2,609 | 9.6% | — | 78 |
| travessa Cartes, 148 | Active | €290,000 | €2,788 | 17.1% | — | 74 |
| Ermesinde · 5da1c4 | Active | €174,500 | €2,266 | 4.8% | 37 | 73 |
| Median comp | €257,500 | €2,438 | 2.4% | 39 | 74 |
Long-term rental This property presents a gross yield of 4.9%, making it a stable option for long-term rental in the economically stable vicinity of Porto. With a fair value gap of 5.6% compared to its listing price of €200,000, this investment aligns well with steady rental demand in Gondomar. Family rental The 2-bed house’s location in the suburban area of Gondomar, which boasts a neighbourhood rating of 77/100, offers a suitable environment for family rental prospects. While the property's condition is rated at 44/100, the overall amenities and lower crime rate contribute positively to its appeal for families, despite it being fairly priced. Buy-and-hold With a fair valuation, this property can serve as a solid buy-and-hold investment, especially with its proximity to Porto providing long-term growth potential. The 4.9% gross yield, paired with strong neighbourhood ratings, allows for a steady return over time, making it a reasonable choice for investors focused on long-term appreciation. Not ideal for short-term vacation rental, student housing, luxury market Due to the property’s condition and pricing, it does not suit the short-term vacation rental market, which typically seeks higher standards and lower price points. Additionally, the limitations for student housing and luxury markets further define the best use of this asset as primarily long-term rental or family-oriented housing.
Potential Market Downturn The property could face a risk of decreased demand if economic conditions worsen despite a strong economic stability score of 80/100, which could impact rental income or property value.**
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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