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 125 m² on the 2nd floor, energy rating C. Located on rua Comércio do Porto, 34, Ermesinde parish, Valongo municipality, Porto district. Property Feature: This apartment enjoys a peaceful location on Rua do Comércio do Porto, ensuring tranquility while being conveniently close to essential amenities and transport links. Key Amenities: Includes a modern garage and storage space for added convenience.
The valuation. The asking price of €290,000 sits €93,170 (32.1%) above the fair value of €196,830, indicating that this property is overpriced. This discrepancy may deter potential buyers looking for value. Buy-to-flip angle. The buy-to-flip strategy here would involve renovating the apartment and aiming for a quick resale at a higher market rate, although the current pricing suggests limited potential profit. Buy-to-let angle. With an estimated gross yield of 4.1% based on expected rental income of €991/month, this property may attract long-term tenants; however, the asking price remains a barrier for savvy investors.
Fair value modelled at €196,830 from the area baseline, adjusted for condition and location. Asking €290,000 sits €93,170 (32.1%) above — overpriced versus fair value.
Asking €290,000 versus the rua Comércio do Porto, 34 area baseline of €175,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 73 · Materials 76 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 77/100 (Housing Market 80 · Amenities 80 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Comércio do Porto, 34
Area baseline €175,000 + condition +€2,930 + location +€18,900 = modelled fair value of €196,830 (€1,575/m²), a €93,170 (32.1%) gap versus the €290,000 asking price.
Long-term rental The property is overpriced at €290,000, with a gap of 32.1% from its fair value of €196,830, presenting a challenge for long-term investment returns. With a gross yield of only 4.1%, this investment may not generate sufficient cash flow to justify the acquisition cost. Family rental Despite its decent condition and neighborhood ratings of 77/100, the pricing remains excessive at €290,000 relative to the fair value. Families might overlook this option given the limited yield potential and higher market costs. Buy-and-hold Holding onto this property as a long-term investment is hindered by its current pricing, which reflects a substantial overvaluation. The anticipated returns may be insufficient to offset the high entry price, making this strategy less appealing in the current market context.
Economic Dependence Risk The property faces a potential downturn, as both economic stability and tenant stability are rated at 75/100, indicating vulnerability to market fluctuations.
