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, 1-bathroom apartment of 94 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. This apartment boasts three fronts for excellent natural light and includes a small shared garden, enhancing outdoor space for relaxation and leisure.
The valuation. The asking price of €154,900 is substantially above the fair value of €78,108, sitting at €76,792 (49.6%) over fair value, indicating the property is overpriced. Buy-to-flip angle. A buy-to-flip strategy would require significant renovations to justify a higher resale price, but the high asking price could limit profitability. Buy-to-let angle. Focusing on long-term rental, the projected gross yield of 6% at approximately €774 monthly rent offers moderate income potential, although market dynamics must be assessed due to the neighborhood's low ratings.
Fair value modelled at €78,108 from the area baseline, adjusted for condition and location. Asking €154,900 sits €76,792 (49.6%) above — overpriced versus fair value.
Asking €154,900 versus the Ermesinde, Valongo, Porto area baseline of €131,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 0/100 (Housing Market 65 · Amenities 65 · Economic 70 · Tenant Quality 65). Softer demand indicators apply a discount to baseline.
Ermesinde, Valongo, Porto
Area baseline €131,600 + condition -€27,172 + location -€26,320 = modelled fair value of €78,108 (€831/m²), a €76,792 (49.6%) gap versus the €154,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · e40b2a | Subject | €154,900 | €1,648 | — | 60 | — |
| Ermesinde · 38c270 | Active | €220,000 | €2,157 | 30.9% | 58 | 66 |
| rua Paz, 81 | Active | €239,000 | €2,060 | 25.0% | 70 | 75 |
| Baguim do Monte (Rio Tinto) · 99f0dc | Active | €225,000 | €2,344 | 42.2% | 65 | 71 |
| rua Calouste Gulbenkian | Active | €159,000 | €1,691 | 2.6% | 55 | 67 |
| Median comp | €222,500 | €2,109 | 28.0% | 62 | 69 |
Long-term rental The 2-bed apartment in Ermesinde is overpriced at €154,900, significantly exceeding its fair value of €78,108, which creates a 49.6% gap. The 6% gross yield may initially seem attractive, but the price relative to fair value indicates that potential returns are not aligned with the investment risk. Buy-and-hold Investing in this property for the long-term is questionable due to its overpriced status, as the fair value indicates significant downward potential. Additionally, with a neighborhood performance score of 0/100, the long-term appreciation prospects appear dim despite some urban influence from nearby Porto. Family rental Though family rentals may typically seek desirable neighborhoods, this 2-bed apartment is overpriced given its valuation gap and poor neighborhood score. Families may prioritize location and quality, hence demanding a premium that this property, at its current price, fails to meet, resulting in likely tenant turnover and vacancy risk.
Economic Sensitivity Risk The economic stability score of 70 indicates potential vulnerability to market fluctuations, while the tenant stability score of 65 suggests a higher likelihood of tenant turnover, which could impact cash flow stability.
