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 84 m², energy rating E. Located on estrada Nova, Rio Tinto parish, Gondomar municipality, Porto district. The apartment features expansive natural light and modernized kitchen amenities, contrasted by significant moisture damage and aesthetic deterioration in other areas, indicating a pressing need for thorough renovations.
The asking price of €180,000 exceeds our fair value estimate of €157,000, indicating a €23,000 downside of 12.6% relative to the asking price; thus, confidence in this fair value is low. Rental income. The property presents a strong rental income opportunity with an estimated gross yield of 6.5%, positioning it well within the top quarter of national rental yields.
The fair value of this property is established through a combination of two models: the Transaction model, which uses real transaction data from 215 recorded sales in Rio Tinto (55% weight), and the Adjusted asking-price model that evaluates current listings adjusted to sale levels (45% weight). Conservative adjustments for factors such as non-living area and estimated costs of necessary works bring the fair value down to €157,000, which reflects a downside of 12.6% from the asking price of €180,000. With a confidence level considered low due to limitations in micro-location data, the asking price is above the fair value.
Gross yield 6.5% (before costs)
This 3-bedroom apartment in Rio Tinto presents an investment opportunity characterized by a promising gross yield of 6.5%, indicating strong potential for rental income. However, the asking price of €180,000 exceeds the fair value of €157,000, reflecting a 12.6% downside from the fair market level, contributing to a low confidence assessment for this acquisition. While the condition of the property is rated at a moderate 55/100 and the neighbourhood quality is rated at 50/100, the higher asking price diminishes the attractiveness of this investment in terms of long-term value appreciation potential.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property’s economic and tenant stability scores are each at a low 50 out of 100, indicating uncertainty in attracting and retaining reliable tenants, which could lead to periods without rental income.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
