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 77 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a laundry room/conservatory with outdoor patio access, enhancing functional living space and outdoor enjoyment in an urban setting.
The valuation. The asking price of €215,000 is significantly above the fair value of €118,410, creating a discrepancy of €96,590, or 44.9%. This property is considered overpriced.
Fair value modelled at €118,410 from the area baseline, adjusted for condition and location. Asking €215,000 sits €96,590 (44.9%) above — overpriced versus fair value.
Asking €215,000 versus the Ermesinde, Valongo, Porto area baseline of €107,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 76 · Materials 75 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €107,800 + condition -€602 + location +€11,211 = modelled fair value of €118,410 (€1,538/m²), a €96,590 (44.9%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 90d973 | Subject | €215,000 | €2,792 | — | 76 | 76 |
| Águas Santas · dee44d | Active | €275,000 | €2,750 | 1.5% | 68 | 68 |
| travessa Santegãos | Active | €228,000 | €3,508 | 25.6% | 80 | 75 |
| travessa João Vieira | Active | €228,000 | €3,508 | 25.6% | 74 | 67 |
| rua Dom António Castro Meireles, 285 | Active | €230,000 | €3,108 | 11.3% | 70 | 70 |
| Median comp | €229,000 | €3,308 | 18.5% | 72 | 69 |
Long-term rental The 2-bedroom apartment in Ermesinde is currently listed at €215,000, representing a significant 44.9% premium over its fair value of €118,410. With a gross yield of 4.2%, the investment's potential returns are hindered by its overpriced status, limiting the attractiveness for long-term rental income. Family rental While the apartment is situated in a safe suburban neighborhood with decent tenant quality, its listing price of €215,000 is substantially above the fair market value of €118,410. This overvaluation could reduce demand among families seeking affordable rental options in Ermesinde. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current listing of €215,000, which is 44.9% above the fair value of €118,410. The resultant yield of 4.2% does not adequately compensate for the risk associated with purchasing an overpriced asset in this market.
Economic downturn risk A moderate economic stability score of 75/100 suggests potential vulnerability to economic downturns, which could impact property value and tenant retention.
