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, 2-bathroom apartment of 99 m², built in 2005, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. Convenient Parking: The designated parking space is located immediately next to the entrance, enhancing accessibility and ensuring effortless daily commutes. Potential for Electric Vehicle Charging: The storage area allows for the easy installation of a Wallbox, catering to modern electric vehicle needs.
The valuation. The asking price of €289,000 is significantly higher than the fair value of €154,845, exceeding it by €134,155 or 46.4%. This property is considered overpriced based on current market conditions.
Fair value modelled at €154,845 from the area baseline, adjusted for condition and location. Asking €289,000 sits €134,155 (46.4%) above — overpriced versus fair value.
Asking €289,000 versus the Ermesinde, Valongo, Porto area baseline of €138,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 74 · Materials 78 · Room dimensions 80). 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 €138,600 + condition +€2,939 + location +€13,306 = modelled fair value of €154,845 (€1,564/m²), a €134,155 (46.4%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 25f56b | Subject | €289,000 | €2,919 | — | 74 | 74 |
| travessa Pinheiro | Active | €267,000 | €2,670 | 8.5% | 75 | 69 |
| rua Doutor Joaquim Nogueira dos Santos, 884 | Active | €290,000 | €2,437 | 16.5% | 76 | 73 |
| rua dos Moutidos, 233 | Active | €345,000 | €2,464 | 15.6% | 74 | 70 |
| Nogueira e Silva Escura · 93762f | Active | €364,000 | €2,638 | 9.6% | 75 | 62 |
| Median comp | €317,500 | €2,551 | 12.6% | 75 | 70 |
Long-term rental The 2-bed apartment in Ermesinde is currently listed at €289,000, which is 46.4% above its fair value of €154,845, signaling that it is overpriced in the long-term rental market. With a gross yield of only 3.3%, investors may find it difficult to achieve satisfactory returns over time. Family rental As a family rental option, the apartment's valuation at €289,000 exceeds its fair worth by 46.4%, indicating it is overpriced for this target demographic. While the neighborhood offers good amenities and safety, the rental yield of 3.3% may deter families seeking value for their housing budget. Buy-and-hold Investing in this property as a buy-and-hold strategy poses a challenge, as its asking price of €289,000 represents a significant 46.4% gap from the fair value of €154,845, indicating it is overpriced. The low yield of 3.3% could limit long-term capital appreciation and overall investment performance.
Potential for tenant turnover: With a tenant stability score of 75/100, there is a moderate risk of tenant turnover which could impact cash flow.
