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 73 m². Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a balcony and sunroom, offering additional outdoor space and natural light in an otherwise functional layout, enhancing its potential for personalization.
The valuation. The asking price of €200,000 is significantly above the fair value of €70,045, representing a €129,955 difference (65.0%). This property is definitively overpriced, making it a less attractive investment opportunity.
Fair value modelled at €70,045 from the area baseline, adjusted for condition and location. Asking €200,000 sits €129,955 (65.0%) above — overpriced versus fair value.
Asking €200,000 versus the Ermesinde, Valongo, Porto area baseline of €168,922 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 (Condition 35 · Materials 45 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €168,922 + condition -€39,922 + location +€7,767 = modelled fair value of €70,045 (€960/m²), a €129,955 (65.0%) gap versus the €200,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 25f572 | Subject | €200,000 | €2,740 | — | 35 | 69 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 14.2% | 49 | 74 |
| Ermesinde · 00161e | Active | €210,000 | €2,800 | 2.2% | 55 | 76 |
| Ermesinde · 6fb830 | Active | €170,000 | €4,250 | 55.1% | 60 | 73 |
| Ermesinde · 0dcf03 | Active | €250,000 | €2,841 | 3.7% | 42 | 64 |
| Median comp | €214,500 | €2,985 | 9.0% | 52 | 74 |
Long-term rental This property’s listing price of €200,000 significantly exceeds its fair value of €70,045, indicating it is overpriced by 65%. A gross yield of 4.5% combined with the property's deteriorating condition suggests minimal appeal for long-term tenants. Family rental While the location near Porto provides some family-friendly amenities, the €200,000 asking price is well above the fair value of €70,045, marking it as overpriced. The mid-range condition score of 40/100 further limits its attractiveness for families seeking quality housing. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenging given its €200,000 price tag, which is 65% above its fair value of €70,045, categorizing it as overpriced. The low condition score of 40/100 raises concerns over potential long-term capital appreciation and rental viability.
Tenant turnover risk With a Tenant Stability score of 65/100, there is a significant chance of higher tenant turnover, potentially leading to increased vacancy rates and associated costs.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
