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 €203,000 (€1,400/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 €203,000 + 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.
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.
