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 88 m², energy rating E. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment features a spacious balcony, perfect for enjoying the afternoon sun, and is conveniently located near public transportation, enhancing accessibility for daily commuters.
The valuation. The asking price of €250,000 significantly exceeds the fair value of €89,537, representing an overvaluation of €160,463 (64.2%). This indicates that the property is not a sound investment based on its current asking price.
Fair value modelled at €89,537 from the area baseline, adjusted for condition and location. Asking €250,000 sits €160,463 (64.2%) above — overpriced versus fair value.
Asking €250,000 versus the Ermesinde, Valongo, Porto area baseline of €123,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 (Condition 42 · Materials 50 · Room dimensions 48). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €123,200 + condition -€40,563 + location +€6,899 = modelled fair value of €89,537 (€1,017/m²), a €160,463 (64.2%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 0dcf03 | Subject | €250,000 | €2,841 | — | 42 | 64 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 10.1% | 49 | 74 |
| Ermesinde · 6fb830 | Active | €170,000 | €4,250 | 49.6% | 60 | 73 |
| Ermesinde · 25f572 | Active | €200,000 | €2,740 | 3.6% | 35 | 69 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 10.1% | — | 68 |
| Median comp | €209,500 | €3,129 | 10.1% | 49 | 71 |
Long-term rental The property is overpriced at €250,000, significantly above its fair value of €89,537, indicating a 64.2% premium. With a gross yield of only 3.9%, this investment is unlikely to generate satisfactory returns over the long term. Buy-and-hold Given its overpricing relative to fair market value, holding this property for appreciation may not yield the expected benefits. The property’s condition score of 46/100 further diminishes its attractiveness as a long-term asset. Family rental While the suburb does have a stable housing demand, the significant gap between market listing and fair value makes this property less appealing for family rental purposes. The low yield and average neighborhood quality suggest that potential rental income may not cover the investment costs adequately.
Tenant turnover risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, which can lead to increased vacancy rates and impact rental income.
