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.
1-bedroom, 1-bathroom apartment of 66 m², energy rating A. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment features an independent entrance, enhancing privacy, and is strategically located for exceptional accessibility to public transport options and local amenities.
The valuation. The asking price of €215,000 is significantly above the fair value of €109,520, creating a disparity of €105,480, which equates to 49.1%. Verdict: overpriced. Buy-to-flip angle. Given its current condition rating of 85/100, the property may be suited for a quick renovation to modernize it further before resale. An estimated renovation budget could enhance its appeal in the competitive market. Buy-to-let angle. With an estimated rental income of €663 monthly, the property offers a gross yield of 3.7%, making it suitable for long-term rental strategies. The suburban location near Porto enhances its desirability for family rentals.
Fair value modelled at €109,520 from the area baseline, adjusted for condition and location. Asking €215,000 sits €105,480 (49.1%) above — overpriced versus fair value.
Asking €215,000 versus the Ermesinde, Valongo, Porto area baseline of €92,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 88 · Materials 84 · Room dimensions 81). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €92,400 + condition +€8,250 + location +€8,870 = modelled fair value of €109,520 (€1,659/m²), a €105,480 (49.1%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 25f4f3 | Subject | €215,000 | €3,258 | — | 88 | 74 |
| Ermesinde · 26201d | Active | €215,000 | €3,468 | 6.5% | 80 | 70 |
| Alfena · 1e61c5 | Active | €210,000 | €3,043 | 6.6% | 80 | 70 |
| Ermesinde · de0bc7 | Active | €275,000 | €2,989 | 8.2% | 75 | 72 |
| Ermesinde · ba3a63 | Active | €276,500 | €2,514 | 22.8% | 70 | 65 |
| Median comp | €245,000 | €3,016 | 7.4% | 78 | 70 |
Long-term rental The 1-bed apartment in Ermesinde, listed at €215,000, does not align with its fair value of €109,520, indicating it is overpriced. With a gross yield of only 3.7%, this investment is unlikely to generate the desired cash flow in a competitive rental market. Family rental While the property is located in a suburban area near Porto with good amenities, the price of €215,000 significantly exceeds the fair market value of €109,520, categorizing it as overpriced. The apartment's gross yield of 3.7% may deter families seeking more affordable housing options in the neighborhood. Buy-and-hold Investing in this 1-bed apartment for long-term appreciation looks unfavorable at an asking price of €215,000 when its fair value is €109,520, marking it as overpriced. The expected gross yield of 3.7% indicates that holding the property may not yield favorable returns over time, especially given the neighborhood's moderate tenant quality and market conditions.
Tenant turnover risk The tenant stability score of 75/100 indicates a moderate risk of tenant turnover, which may lead to increased costs for finding new tenants and potential loss of rental income.
