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.
3-bedroom, 2-bathroom apartment of 94 m² on the 2nd floor, built in 1980, energy rating E. Located on rua Engenheiro Barbosa de Matos, 61, Baguim do Monte (Rio Tinto) parish, Gondomar municipality, Porto district. This apartment benefits from three distinct balconies, enhancing its outdoor space and natural light throughout the living areas.
The valuation. The asking price of €284,000 is €49,000 (20.9%) above the fair value of €235,000, indicating that the property is overpriced. This disparity suggests potential challenges in achieving a return on investment.
Fair value modelled at €235,000 from 6 comparable sales in the area. Asking €284,000 sits €49,000 (20.9%) above — overpriced versus fair value.
Asking €284,000 versus the rua Engenheiro Barbosa de Matos, 61 area baseline of €227,025 (€2,415/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €227,025, adjusted for condition and micro-location, gives a modelled fair value of €235,000 (€2,500/m²), a €49,000 (20.9%) gap versus the €284,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Engenheiro Barbosa de Matos, 61 | Subject | €284,000 | €3,021 | — | 62 | 66 |
| avenida Primeiro de Maio | Active | €215,000 | €2,416 | 20.0% | 65 | 68 |
| Fânzeres e São Pedro da Cova · 9d296c | Active | €341,000 | €3,789 | 25.4% | 74 | 74 |
| Fânzeres e São Pedro da Cova · 99f410 | Active | €279,900 | €2,568 | 15.0% | 70 | 67 |
| rua Padre Joaquim das Neves | Active | €342,000 | €2,327 | 23.0% | 76 | 64 |
| Median comp | €310,450 | €2,492 | 17.5% | 72 | 68 |
Family rental The property is overpriced at €284,000 compared to the fair value of €235,000, leading to a 20.9% gap that reduces its appeal for family rentals. With a gross yield of only 3.7%, the investment may not attract families seeking cost-effective housing options. Long-term rental Given the listing price of €284,000, which is significantly above the €235,000 fair value, the property presents a diminished opportunity for long-term rental investments. The 3.7% gross yield is insufficient to entice long-term renters in a suburban market, where affordability is key. Buy-and-hold The buy-and-hold strategy is hindered by the property being overpriced at €284,000, while the fair value stands at €235,000, creating a substantial 20.9% disparity. The gross yield of 3.7% suggests that holding this asset may not yield favorable returns over time in the current market conditions.
Economic Vulnerability The property faces potential economic instability due to a score of 65/100, which suggests that fluctuations in the local economy could negatively impact tenant behaviors and rent collection.
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