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 140 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Unique Feature: The property includes two closed garages and a spacious attic with conversion potential into an extra bedroom, enhancing its investment value.
The valuation. The asking price of €329,000 sits significantly above the fair value of €225,407, resulting in a discrepancy of €103,593 (31.5%). The property is deemed overpriced.
Fair value modelled at €225,407 from the area baseline, adjusted for condition and location. Asking €329,000 sits €103,593 (31.5%) above — overpriced versus fair value.
Asking €329,000 versus the Ermesinde, Valongo, Porto area baseline of €196,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 (Condition 75 · Materials 85 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €196,000 + condition +€11,375 + location +€18,032 = modelled fair value of €225,407 (€1,610/m²), a €103,593 (31.5%) gap versus the €329,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 6d518f | Subject | €329,000 | €2,350 | — | 75 | 73 |
| rua Paz, 81 | Active | €239,000 | €2,060 | 12.3% | 70 | 75 |
| rua Nova da Formiga, 49 | Active | €345,000 | €2,285 | 2.8% | 75 | 73 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 16.5% | 72 | 74 |
| Ermesinde · de0b8a | Active | €162,337 | €1,691 | 28.0% | 72 | 65 |
| Median comp | €274,500 | €2,011 | 14.4% | 72 | 74 |
Long-term rental The property is overpriced at €329,000, with a fair value estimation of €225,407, indicating a significant gap of 31.5%. With a gross yield of only 3.4%, this investment would struggle to generate compelling long-term rental returns in a suburban market. Family rental Although the neighborhood offers decent amenities and low crime rates, the €329,000 listing price significantly exceeds its fair value of €225,407, making it an overpriced option. Families seeking rental options may look elsewhere for properties offering better value and growth potential in the area. Buy-and-hold Investing in this property for a buy-and-hold strategy poses risks, as it is priced 31.5% above fair value at €329,000. The combination of low yield and high price may hinder capital appreciation and limit returns for long-term investors.
Potential tenant turnover The combined economic and tenant stability scores of 75/100 suggest a moderate risk of tenant turnover, which could lead to potential vacancy periods and reduced rental income.
