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 Feature: The apartment's balcony offers unobstructed views and excellent brightness, enhancing the indoor-outdoor living experience in a strategic location close to amenities.
The valuation. The asking price of €290,000 is significantly above the fair value of €248,653, creating a disparity of €41,347 (14.3%). This apartment is considered overpriced based on current market conditions.
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 €203,000 (€1,400/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. Full condition report →
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. Full location report →
rua da Queimada
Area baseline €203,000 + 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.
Long-term rental This 2-bed apartment in Ermesinde, Valongo, is currently overpriced by 14.3% compared to its fair value of €248,653, making it less attractive for a long-term rental strategy. With a gross yield of only 3.8% and a condition score of 76/100, the potential returns may not justify the higher purchase price. Family rental While the property boasts a family-friendly environment and a decent neighborhood rating of 79/100, the 14.3% gap over fair value indicates that it may not be the best choice for a family rental investment. The current gross yield of 3.8% suggests that financial performance may lag behind expectations given the property’s elevated price. Buy-and-hold Although the Ermesinde apartment features access to amenities and a relatively good condition rating, its price remains 14.3% above fair value at €290,000, making long-term capital appreciation uncertain. Given the lower yield of 3.8%, this buy-and-hold strategy may face challenges in delivering attractive returns over time.
Economic downturn risk A potential economic downturn could negatively impact the property given its economic stability score of 80/100, leading to decreased demand and potential vacancies despite a tenant stability score of 75/100 that indicates reasonable tenant retention.
