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, 2-bathroom apartment of 118 m² on the 1st floor, energy rating B. Located on rua Doutor Armando José Pereira Tavares, 17, Rio Tinto parish, Gondomar municipality, Porto district. The property grants immediate metro access, with the Venda Nova station situated right at the doorstep, enhancing urban connectivity and convenience for commuters.
The asking price of €299,990 is above our assessed fair value of €264,000, indicating a downside of 12.1% versus the asking price. The rental income strategy is strong with an estimated gross yield of 5.8%, positioning this property well within the national range.
The asking price is above the fair value. This property's fair value is determined through a blend of two models: the Transaction model, which uses real transaction data from Rio Tinto, accounting for 55%, and the Adjusted asking-price model, comprising 45% of current listings adjusted to sale levels. No conservative adjustments were applied to this property. As a result, the fair value equals €264,000, leading to a gap of €35,990, which translates to a 12.1% downside against the asking price of €299,990. The confidence in this valuation is high.
Gross yield 5.8% (before costs)
With an asking price of €299,990, the property is priced above its fair value, which stands at €264,000, resulting in a 12.1% downside versus the asking price. The estimated gross yield of 5.8% suggests a strong potential for rental income, positioning this asset within the top quarter of the national rental income range. While the property's condition is rated at 76/100, indicating above-average quality, the surrounding neighborhood scores only 50/100, which raises some concerns about desirability and tenant quality.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential challenges in attracting and retaining reliable tenants.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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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.
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