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 145 m², built in 2001, energy rating C. Located on rua da Queimada, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment boasts a spacious balcony with unobstructed views, ideal for relaxation, and is located minutes from the acclaimed Ermesinde College, enhancing its desirability.
The valuation. The asking price of €290,000 is significantly above the fair value of €229,720, exceeding it by €60,280 (20.8%). This indicates that the property is overpriced and may not provide a good return on investment at this entry price.
Fair value modelled at €229,720 from the area baseline, adjusted for condition and location. Asking €290,000 sits €60,280 (20.8%) above — overpriced versus fair value.
Asking €290,000 versus the rua da Queimada area baseline of €335,530 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 79 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 79/100 (Housing Market 80 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua da Queimada
Area baseline €335,530 + condition +€3,172 + location +€23,548 = modelled fair value of €229,720 (€1,584/m²), a €60,280 (20.8%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Queimada | Subject | €290,000 | €2,000 | — | 72 | 79 |
| Ermesinde · 937627 | Active | €295,000 | €2,398 | 19.9% | 75 | 73 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 16.5% | 75 | 71 |
| avenida Doutor Francisco Sá Carneiro, 60 | Active | €290,000 | €2,231 | 11.5% | 75 | 69 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 1.9% | 72 | 74 |
| Median comp | €292,500 | €2,281 | 14.1% | 75 | 72 |
Long-term rental The property is overpriced compared to its fair value, with a gap of 20.8%, making it a less attractive option for long-term rental investment. With a gross yield of only 3.8%, the potential returns do not sufficiently justify the current listing price. Family rental Although the neighbourhood is family-friendly and offers decent amenities, the property’s current price does not align with its fair value of €229,720. This higher cost could deter potential renters looking for better-value family housing options. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is challenging due to its overpriced status, which limits potential appreciation opportunities. The current listing of €290,000 surpasses its fair value, suggesting limited long-term profitability for investors after considering market trends. Not ideal for: Luxury market, Short-term rental
Economic downturn risk The property's economic stability score of 80 suggests potential vulnerability to economic shifts, which could impact rental income and tenant retention.
