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, 1-bathroom apartment of 75 m², built in 1989, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features two balconies, including a sunroom, providing versatile spaces for leisure and extra storage, enhancing both comfort and functionality for residents.
The valuation. The asking price for the 2-bed apartment at €210,000 is significantly above fair value, which stands at €92,248, resulting in a disparity of €117,752 (56.1%). Verdict: overpriced. Buy-to-flip angle. A buy-to-flip strategy could involve targeting renovations that enhance appeal without exceeding a budget, aiming for a resale that captures the unmet demand in Ermesinde while improving overall property condition. Buy-to-let angle. The property could generate an estimated rental income of €717/month, reflecting a gross yield of 4.1%, appealing to long-term tenants seeking proximity to Porto metro services and family-friendly amenities.
Fair value modelled at €92,248 from the area baseline, adjusted for condition and location. Asking €210,000 sits €117,752 (56.1%) above — overpriced versus fair value.
Asking €210,000 versus the Ermesinde, Valongo, Porto area baseline of €105,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 55 · Materials 53 · Room dimensions 57). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 76/100 (Housing Market 80 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Ermesinde, Valongo, Porto
Area baseline €105,000 + condition -€23,672 + location +€10,920 = modelled fair value of €92,248 (€1,230/m²), a €117,752 (56.1%) gap versus the €210,000 asking price.
Long-term rental The property in Ermesinde, priced at €210,000, is significantly above its fair value of €92,248, indicating a gap of 56.1%. Given its low gross yield of 4.1% and average condition rating of 55, investing in this apartment for long-term rental is not financially advisable. Family rental With the property being listed at €210,000 while the fair value stands at €92,248, the 56.1% gap suggests that it is overpriced for family rental purposes. The condition rating of 55 also raises concerns about the potential appeal to families, making it a less attractive investment option. Buy-and-hold The significant overvaluation of the apartment in Ermesinde, with a fair value of only €92,248 compared to the listing price of €210,000, signals that this buy-and-hold strategy may not yield favorable returns. Coupled with a relatively low gross yield of 4.1%, this property does not present a compelling case for long-term investment.
Economic downturn risk The economic stability score of 80/100 indicates a strong economy, but sudden fluctuations could impact tenant turnover and rental income, especially with a tenant stability score of 75/100 suggesting a moderate risk of tenant instability.
