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 maximizes natural light and has two façades providing ventilation and street views, enhancing the living experience in a bustling area.
The valuation. The asking price of €147,000 is €20,536 (14.0%) above the fair value of €126,464. This property is considered overpriced based on market comparisons.
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 €119,000 (€1,400/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. Full condition report →
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. Full location report →
Ermesinde, Valongo, Porto
Area baseline €119,000 + 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.
Long-term rental Given the current pricing, the apartment in Ermesinde is not an attractive option for long-term rental investment, as it is overpriced by 14%. The gross yield of 6.4% does not sufficiently compensate for the premium being paid compared to its fair value. Buy-and-hold Investing in the Ermesinde apartment as a buy-and-hold strategy seems unfavorable, especially considering its current listing price exceeds fair valuation by 14%. As the property is overpriced, it may not generate the expected capital appreciation over time. Family rental This apartment may appeal as a family rental due to its location and room count; however, the 14% markup on price limits its attractiveness. Since the property is currently overpriced, potential family renters may find similar options at better price points in the vicinity.
Economic Vulnerability The economic stability score of 70/100 indicates a moderate risk of economic downturn, which could affect tenant demand and rental income negatively.