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.
3-bedroom, 2-bathroom apartment of 129 m², built in 2005. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property boasts a large terrace with a built-in barbecue and stunning unobstructed views, enhancing the outdoor living experience and entertaining potential.
The valuation. The asking price of €320,000 significantly exceeds the fair value of €195,770, revealing a disparity of €124,230 (38.8%). This property is therefore classified as overpriced.
Fair value modelled at €195,770 from the area baseline, adjusted for condition and location. Asking €320,000 sits €124,230 (38.8%) above — overpriced versus fair value.
Asking €320,000 versus the Ermesinde, Valongo, Porto area baseline of €298,506 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 78 · Amenities 65 · Economic 72 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €298,506 + condition +€0 + location +€15,170 = modelled fair value of €195,770 (€1,518/m²), a €124,230 (38.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 001c0a | Subject | €320,000 | €2,481 | — | 70 | 71 |
| Ermesinde · 90d912 | Active | €319,000 | €2,703 | 9.0% | 72 | 74 |
| travessa Pinheiro | Active | €267,000 | €2,670 | 7.6% | 75 | 69 |
| Baguim do Monte (Rio Tinto) · 261f69 | Active | €310,000 | €3,100 | 25.0% | 68 | 69 |
| Águas Santas · 6fbcaa | Active | €285,000 | €2,375 | 4.3% | 72 | 69 |
| Median comp | €297,500 | €2,687 | 8.3% | 72 | 69 |
Long-term rental The rental yield of 3.4% is below average, indicating weaker cash flow potential for investors. Given the property is overpriced by 38.8% compared to its fair value, long-term rental is not a financially sound strategy. Family rental While the property is located in an area with good schools and family-friendly amenities, its overpriced status at €320,000 limits its appeal to renting families who may seek better value options. The neighborhood's tenant quality does not justify the current asking price, making it a less attractive family rental opportunity. Buy-and-hold The buy-and-hold strategy may appear alluring due to the economic diversity expected from the proximity to Porto, but the significant gap from fair value indicates the property is unlikely to appreciate in value over time. Investing in an overpriced asset undermines potential returns, making this approach less viable.
Economic Downturn Risk A moderate economic stability score of 72 could indicate vulnerability to economic fluctuations, potentially impacting tenant retention and rental income.
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