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, 2-bathroom apartment of 117 m², built in 1982, energy rating C. Located on rua Ilha de Moçambique, 160, Ermesinde parish, Valongo municipality, Porto district. This apartment features a sunroom that enhances natural light and a balcony connected to one of the bedrooms, creating a serene indoor-outdoor experience.
The valuation. The asking price of €249,000 is substantially above the fair value of €166,880, resulting in an overvaluation of €82,120 (33.0%). This property should be reconsidered by potential investors given its current price point.
Fair value modelled at €166,880 from the area baseline, adjusted for condition and location. Asking €249,000 sits €82,120 (33.0%) above — overpriced versus fair value.
Asking €249,000 versus the rua Ilha de Moçambique, 160 area baseline of €163,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 80 · Amenities 75 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Ilha de Moçambique, 160
Area baseline €163,800 + condition -€11,334 + location +€14,414 = modelled fair value of €166,880 (€1,426/m²), a €82,120 (33.0%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha de Moçambique, 160 | Subject | €249,000 | €2,128 | — | 70 | 72 |
| rua Gago Coutinho, 195 | Active | €274,990 | €2,311 | 8.6% | 70 | 64 |
| rua João Vieira S / N | Active | €320,000 | €2,162 | 1.6% | 74 | 74 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 7.8% | 72 | 74 |
| Nogueira e Silva Escura · 001850 | Active | €290,000 | €1,946 | 8.5% | 69 | 68 |
| Median comp | €300,000 | €2,062 | 3.1% | 71 | 71 |
Long-term rental This 3-bed apartment in Ermesinde is priced at €249,000, which is significantly above its fair value of €166,880, indicating the property is overpriced. With a gross yield of 4.6% and a decently rated neighborhood, the investment might not provide the desired return for long-term rental strategies. Buy-and-hold The €249,000 listing for this apartment suggests a valuation gap of 33.0% against its fair value of €166,880, categorizing it as overpriced in the market. Holding onto this property could lead to challenges, given the current condition score of 69/100. Family rental While this 3-bed apartment has appealing suburban characteristics and decent tenant quality, its €249,000 price point is above the fair value of €166,880, meaning it is overpriced. Although it reflects a reasonable gross yield of 4.6%, families looking for rental options may be deterred by the high initial investment compared to market value.
Economic volatility risk The property may face economic downturns due to a moderate economic stability score of 70/100, which could impact tenant retention and rental income.