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 123 m², built in 2001. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes a heat recovery system in the living room, enhancing energy efficiency and comfort throughout the year.
The valuation. The asking price of €295,000 stands significantly above the fair value of €194,769, leaving a disparity of €100,231, equating to 34.0%. This property is overpriced according to market standards.
Fair value modelled at €194,769 from the area baseline, adjusted for condition and location. Asking €295,000 sits €100,231 (34.0%) above — overpriced versus fair value.
Asking €295,000 versus the Ermesinde, Valongo, Porto area baseline of €172,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 82 · Room dimensions 77). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €172,200 + condition +€6,727 + location +€15,842 = modelled fair value of €194,769 (€1,583/m²), a €100,231 (34.0%) gap versus the €295,000 asking price.
Long-term rental This 2-bed apartment in Ermesinde is overpriced at €295,000 compared to its fair value of €194,769, resulting in a significant gap of 34.0%. Given its gross yield of 3.5%, the investment may not generate desirable returns over the long term in a market where better opportunities exist. Buy-and-hold Holding onto this property might not be ideal, as it is currently valued above fair value, limiting potential capital appreciation. The combination of a 3.5% gross yield and a lack of significant appreciation prospects suggests that this strategy would not be financially rewarding. Family rental Although families may appreciate the suburban location and good amenities of Ermesinde, the entry price of €295,000 poses a challenge for profitability. The otherwise positive factors do not compensate for the fact that the property is overpriced by 34.0%, leading to limited appeal for family rental investment.
Economic Vulnerability The economic stability score of 70 suggests a moderate risk of downturns that may impact rental income or property value significantly.