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 avenida Engenheiro Duarte Pacheco, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment boasts an expansive balcony with unobstructed views that enhance the natural light, perfect for relaxation and outdoor living space. Unique Location: It’s strategically located near shops and services, with immediate access to major highways.
The valuation. The asking price of €290,000 is significantly above the fair value of €226,490, indicating an overpricing of €63,510 (21.9%). Buyers should be cautious in considering this property for investment. Buy-to-flip angle. A buy-to-flip strategy may struggle due to the inflated purchase price, offering limited profit margins unless substantial renovations are made. Resale would require significant market appreciation. Buy-to-let angle. The estimated rental income of €701/month yields a gross yield of 2.9%, which is relatively low for long-term rental investments. While the property is attractive, the yields may not justify the initial costs.
Fair value modelled at €226,490 from the area baseline, adjusted for condition and location. Asking €290,000 sits €63,510 (21.9%) above — overpriced versus fair value.
Asking €290,000 versus the avenida Engenheiro Duarte Pacheco area baseline of €335,530 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 80 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
avenida Engenheiro Duarte Pacheco
Area baseline €335,530 + condition +€7,250 + location +€16,240 = modelled fair value of €226,490 (€1,562/m²), a €63,510 (21.9%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Engenheiro Duarte Pacheco | Subject | €290,000 | €2,000 | — | 76 | 70 |
| Ermesinde · 937627 | Active | €295,000 | €2,398 | 19.9% | 75 | 73 |
| rua Cidade de Trelazé | Active | €275,000 | €2,331 | 16.5% | 75 | 71 |
| estrada Nova | Active | €255,000 | €2,383 | 19.2% | 72 | 72 |
| Baguim do Monte (Rio Tinto) · 0018ef | Active | €269,000 | €2,381 | 19.0% | 70 | 74 |
| Median comp | €272,000 | €2,382 | 19.1% | 74 | 73 |
Long-term rental The property, listed at €290,000, presents a significant gap of 21.9% above its fair value of €226,490, indicating it is overpriced. With a gross yield of only 2.9%, the investment potential in the long-term rental market is limited given current cost expectations. Buy-and-hold Investing in this apartment for a buy-and-hold strategy appears less attractive, as its valuation is 21.9% higher than fair market value. The current yielding potential of 2.9% compounded with an overpriced listing undermines long-term appreciation prospects. Family rental While the suburban location near Porto might appeal to families, the apartment is currently overpriced at €290,000, which is 21.9% above its fair value. This premium pricing reduces the competitiveness of the property in the family rental segment, where affordability plays a key role in tenant selection.
Economic and tenant risk: With both economic stability and tenant stability scores at 70/100, there is a moderate risk of fluctuating rental income and potential tenant turnover affecting property cash flow.
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.
