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 85 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment features a sunroom that provides additional natural light and a renovated kitchen ideal for modern living in a centrally located urban area. Location Benefits: Situated just 200 meters from bus stops and 500 meters from the train station, it offers excellent accessibility to public transport.
The valuation. The asking price of €147,000 exceeds the fair value of €115,604 by €31,396 (21.4%). This property is considered overpriced based on market comparables and current conditions.
Fair value modelled at €115,604 from the area baseline, adjusted for condition and location. Asking €147,000 sits €31,396 (21.4%) above — overpriced versus fair value.
Asking €147,000 versus the Ermesinde, Valongo, Porto area baseline of €196,690 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 65 · Materials 60 · Room dimensions 66). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €196,690 + condition -€14,344 + location +€10,948 = modelled fair value of €115,604 (€1,360/m²), a €31,396 (21.4%) gap versus the €147,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · e40b16 | Subject | €147,000 | €1,729 | — | 65 | 73 |
| rua de Salgueiros, 999 | Active | €288,000 | €2,057 | 19.0% | 70 | 75 |
| rua Sol, 139 | Active | €233,000 | €2,178 | 25.9% | 70 | 75 |
| rua José Domingos da Costa, 62 | Active | €255,000 | €1,848 | 6.8% | 72 | 71 |
| rua Paz, 81 | Active | €239,000 | €2,060 | 19.1% | 70 | 75 |
| Median comp | €247,000 | €2,059 | 19.0% | 70 | 75 |
Long-term rental The property in Ermesinde, Valongo is priced at €147,000, which reflects a 21.4% premium over its fair value of €115,604, making it a less attractive option for long-term rental investments. With a gross yield of 6.4%, the potential returns are overshadowed by the high entry price relative to market expectations. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is not ideal due to its current listing price exceeding fair market value by 21.4%. The combination of a favorable yield of 6.4% and an overpriced entry point results in questionable long-term growth prospects for investors. Family rental The listing price of €147,000 for the family rental market in this suburban area is significantly above the calculated fair value, indicating an investment that may not appeal to price-sensitive tenants. While the property has decent ratings for condition and neighborhood, its overpriced status limits its attractiveness in a competitive family rental market.
Economic fluctuations risk With an economic stability score of 70/100, there is a medium risk of adverse economic changes impacting tenant demand and rental income stability.
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