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.
0-bedroom, 0-bathroom apartment_building of 90 m², built in 1950, energy rating F. Located on rua Elias Garcia, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes two independent entrances and direct access to a versatile outdoor area, enhancing its potential for multi-unit conversion or private use.
The valuation. The asking price of €310,000 is significantly above the fair value of €75,716, indicating an overvaluation of €234,284 (75.6%). This property is not a good investment given its inflated market price.
Fair value modelled at €75,716 from the area baseline, adjusted for condition and location. Asking €310,000 sits €234,284 (75.6%) above — overpriced versus fair value.
Asking €310,000 versus the rua Elias Garcia area baseline of €126,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 30 · Materials 30 · Room dimensions 45). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 70 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua Elias Garcia
Area baseline €126,000 + condition -€55,828 + location +€5,544 = modelled fair value of €75,716 (€841/m²), a €234,284 (75.6%) gap versus the €310,000 asking price.
Long-term rental The property’s current pricing of €310,000 significantly exceeds the fair value of €75,716, indicating that it is overpriced by 75.6%. With a gross yield of 0% and a condition score of 35/100, the potential for profitable long-term rental income is virtually non-existent. Buy-and-hold Investing in this property as a buy-and-hold strategy may yield disappointing returns, especially given its 75.6% gap from fair value and the current condition rating of 35/100. The lack of gross yield signals that holding onto this property could lead to long-term financial strain rather than an appreciation of value. Family rental While the suburban location of this property is generally safe and offers reasonable school access, its high price tag makes it an unsuitable choice for family rental. The gap of 75.6% from fair value and a low condition score suggest that potential family tenants may seek more appealing and affordable options elsewhere.
Potential Economic Downturn The property carries a risk from a moderate economic stability score of 60/100, suggesting vulnerability to market fluctuations that could impact rental income and occupancy rates.