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 €323,960 (€2,314/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 €323,960 + 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.
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.
