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, 1-bathroom apartment of 109 m², energy rating B. Located on rua Calouste Gulbenkian, 234, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This property includes a potential attic utilization space and an accompanying small garden, enhancing outdoor living options for residents.
The valuation. The asking price of €255,000 is significantly above the fair value of €98,233, creating an overvaluation gap of €156,767 (61.5%). This property is not worth the current asking price.
Fair value modelled at €84,562 from the area baseline, adjusted for condition and location. Asking €255,000 sits €170,438 (66.8%) above — overpriced versus fair value.
Asking €255,000 versus the rua Calouste Gulbenkian, 234 area baseline of €152,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 29/100 (Condition 25 · Materials 30 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Calouste Gulbenkian, 234
Area baseline €152,600 + condition -€79,025 + location +€10,987 = modelled fair value of €84,562 (€776/m²), a €170,438 (66.8%) gap versus the €255,000 asking price.
Long-term rental This 3-bed apartment in Ermesinde is overpriced at €255,000, with a significant gap of 61.5% above its fair value of €98,233. The yield of 0% gross further indicates that this investment is unlikely to generate reliable long-term cash flow. Buy-and-hold Acquiring this property as a buy-and-hold investment is not advisable, as its current price exceeds fair market value by a substantial margin. With a condition rating of 29/100, the property may require extensive renovations, which could diminish potential returns over time. Family rental This apartment, while located in a suburban area near Porto, is overpriced and lacks attractive yield potential for a family rental market. Given the neighborhood's rating of 68/100 and the apartment’s poor condition, it is unlikely to meet the demands of families seeking quality housing. Not ideal for: This property is not well-suited for short-term vacation rentals, the luxury market, or student housing due to its high price, low condition rating, and inadequate rental yield.
Economic Vulnerability Given the economic stability score of 70/100, there is a risk that economic downturns could lead to decreased rental demand and potential vacancy issues. Tenant Instability With a tenant stability score of 65/100, there is a heightened risk of tenant turnover, which may lead to increased costs for finding new renters and potential loss of rental income.
