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 €173,550 (€2,314/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.
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.
Ermesinde, Valongo, Porto
Area baseline €173,550 + 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.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 00161e | Subject | €210,000 | €2,800 | — | 55 | 76 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 11.7% | 49 | 74 |
| travessa de Ermesinde, 85 | Active | €227,000 | €3,492 | 24.7% | — | 76 |
| rua Pedro Homem de Melo | Active | €230,000 | €2,771 | 1.0% | 65 | 71 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 11.7% | — | 68 |
| Median comp | €223,000 | €3,129 | 11.8% | 57 | 73 |
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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
