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 116 m², energy rating E. Located on travessa Portocarreiro, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes an independent laundry room and benefits from fully paid upcoming exterior renovations, ensuring no future costs for the new owner.
The valuation. The asking price of €269,000 is substantially above the fair value of €206,982, indicating an overpricing of €62,018 (23.1%). This discrepancy suggests that the property does not represent a sound investment at the current asking price.
Fair value modelled at €192,053 from the area baseline, adjusted for condition and location. Asking €269,000 sits €76,948 (28.6%) above — overpriced versus fair value.
Asking €269,000 versus the travessa Portocarreiro area baseline of €162,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 75/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
travessa Portocarreiro
Area baseline €162,400 + condition +€13,413 + location +€16,240 = modelled fair value of €192,053 (€1,656/m²), a €76,948 (28.6%) gap versus the €269,000 asking price.
Long-term rental This property is overpriced by 23.1% compared to its fair value of €206,982, which diminishes its potential yield of 3.5%. Given the proximity to Porto, while there is demand, the high asking price may limit future rental profitability. Family rental Priced at €269,000, this property exceeds fair value and may deter potential family renters looking for more competitive options in Valongo. The 82/100 condition rating is a positive, but the high cost may overshadow its appeal in a family-oriented market. Buy-and-hold The property's listing price of €269,000 indicates a significant gap from its fair value, rendering it overpriced for a buy-and-hold strategy. While the stable housing market in the area provides some reassurance, the current price is not conducive to long-term investment growth. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Tenant turnover risk High tenant turnover could occur due to the tenant stability score of 70/100, indicating a potential for increased vacancy rates and additional costs associated with re-leasing.
