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 142 m² on the 2nd floor, energy rating E. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy features: The apartment boasts three separate balconies providing ample outdoor space and panoramic views, enhancing the living experience despite its deferred maintenance issues.
The valuation. The asking price of €249,000 is 8.5% below the fair value of €272,269, indicating a property priced fairly within the market context. This offers an attractive entry point for potential investors.
Fair value modelled at €272,269 from 6 comparable sales in the area. Asking €249,000 sits €23,269 (8.5%) below — the upside to fair value.
Asking €249,000 versus the Rio Tinto, Gondomar, Porto area baseline of €293,416 (€2,066/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €293,416, adjusted for condition and micro-location, gives a modelled fair value of €272,269 (€1,917/m²), a €23,269 (8.5%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 0acf37 | Subject | €249,000 | €1,754 | — | 54 | 73 |
| rua Costa Cabral | Active | €355,000 | €2,536 | 44.6% | 58 | 79 |
| travessa Cruzeiro | Active | €335,000 | €1,658 | 5.4% | 68 | 62 |
| Águas Santas · 76b587 | Active | €325,000 | €2,070 | 18.1% | 60 | 71 |
| travessa Brás Oleiro | Active | €300,000 | €1,765 | 0.6% | 70 | 68 |
| Median comp | €330,000 | €1,918 | 9.4% | 64 | 70 |
Long-term rental This property in Rio Tinto presents a gross yield of 4.7%, reflecting moderate income potential in a fair market situation. With a fair condition rating of 57/100, it offers an adequate choice for landlords seeking to secure stable long-term tenants. Family rental Given the strong neighborhood score of 73/100, this apartment is well-suited for families attracted to the amenities and proximity to Porto's urban environment. The space and layout of the 3-bed apartment provide a comfortable living situation, catering to the needs of family tenants, despite the fair valuation status. Buy-and-hold Investing in this property aligns well with a buy-and-hold strategy, as its fair valuation suggests stable, long-term growth potential without overexerting immediate financial risk. The balancing act of a 4.7% yield and fair neighborhood appeal makes it a reasonable choice for investors looking to build wealth over time without seeking quick returns.
Potential tenant turnover With a tenant stability score of 75, there is a moderate risk of higher turnover rates, which could affect rental income and increase vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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