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 62 m² on the 5th floor, energy rating C. Located Rio Tinto parish, Gondomar municipality, Porto district. Noteworthy Features: Featuring high-quality hardwood flooring and granite countertops, this well-maintained apartment offers modern upgrades alongside its convenient location near public transport options.
The valuation. The asking price of €230,000 sits above the fair value of €208,135 by €21,865 (10.5%). This property is considered to be priced fairly based on its current market conditions.
Fair value modelled at €208,135 from 6 comparable sales in the area. Asking €230,000 sits €21,865 (10.5%) above — overpriced versus fair value.
Asking €230,000 versus the Rio Tinto, Gondomar, Porto area baseline of €194,086 (€3,130/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €194,086, adjusted for condition and micro-location, gives a modelled fair value of €208,135 (€3,357/m²), a €21,865 (10.5%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Rio Tinto · 0ad183 | Subject | €230,000 | €3,710 | — | 79 | 72 |
| estrada Nova | Active | €270,000 | €4,500 | 21.3% | — | 74 |
| parque Nascente | Active | €275,000 | €3,526 | 5.0% | 72 | 73 |
| rua Dâmaso Carreiro, 28 | Active | €285,000 | €5,938 | 60.1% | 76 | 75 |
| Águas Santas · 001bb5 | Active | €220,000 | €3,188 | 14.1% | 72 | 70 |
| Median comp | €272,500 | €4,013 | 8.2% | 72 | 74 |
Long-term rental The property's current yield of 3.4% gross reflects a moderate return typical of residential investments in urban areas like Rio Tinto. With a fair value of €208,135 compared to the listing price of €230,000, the investment is priced fairly given the condition score of 79/100 and a neighbourhood rating of 72/100. Family rental The apartment's ample space and decent condition make it suitable for family occupancy, benefiting from the reasonable amenities and moderate urban environment of Gondomar. Pricing is aligned with the fair market value, ensuring that expectations of stability and tenant retention remain realistic. Buy-and-hold Investing in this property for the long term aligns with the fair value assessment, as it offers steady potential for appreciation in a moderately urban area. With the current market conditions and the property’s fair pricing, it stands as a stable investment choice for future equity growth. Not ideal for luxury market The property does not meet the standards typically sought in the luxury market, given its fair valuation and average ratings in condition and neighbourhood. Its appeal lies more in practical, everyday living rather than high-end exclusivity. Not ideal for short-term rental The property’s characteristics and fair pricing make it less suitable for the short-term rental market, where higher yields and property desirability are often expected. The steady return of long-term rentals presents a more fitting strategy for this apartment.
Tenant turnover risk The tenant stability score of 70/100 suggests a moderate risk of tenant turnover, which could affect rental income stability and increase vacancy costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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