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 85 m², built in 1980, energy rating E. Located on rua Bartolomeu Dias, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment features dual frontages, allowing for abundant natural light, and has been fully renovated with modern plumbing and electrical systems for enhanced convenience.
The valuation. The asking price of €253,500 sits significantly above the fair value of €142,065, indicating the property is overpriced by €111,435 (44.0%). This discrepancy suggests a potential challenge in achieving a favorable return on investment.
Fair value modelled at €131,364 from the area baseline, adjusted for condition and location. Asking €253,500 sits €122,136 (48.2%) above — overpriced versus fair value.
Asking €253,500 versus the rua Bartolomeu Dias area baseline of €119,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 72 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Bartolomeu Dias
Area baseline €119,000 + condition +€3,320 + location +€9,044 = modelled fair value of €131,364 (€1,545/m²), a €122,136 (48.2%) gap versus the €253,500 asking price.
Long-term rental The current listing price of €253,500 for the 2-bed apartment in Ermesinde positions it at a significant premium, approximately 44% above its fair value of €142,065. With a gross yield of only 3.7%, the high entry cost limits the potential for attractive cash flow, reinforcing that this property is overpriced. Buy-and-hold The appreciation potential for this property appears limited, as it is currently overpriced at €253,500, whereas the fair market value stands at €142,065. Given its low yield of 3.7% and the surrounding suburban setting, long-term capital gains may not justify the initial investment. Family rental While family rentals can provide stable occupancy, this 2-bed apartment in Ermesinde is currently overpriced at €253,500 compared to its fair value of €142,065. The property’s yield of 3.7% does not present an attractive investment opportunity, particularly in a suburban context where competition may affect rental rates negatively.
Tenant turnover risk The economic stability and tenant stability scores both sit at 70, indicating a moderate risk of tenant turnover that could potentially affect rental income and property value stability.