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, 0-bathroom apartment of 96 m². Located on rua Norton de Matos, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a small sunroom off the kitchen, enhancing natural light and providing a charming space for relaxation or dining. Condition Notes: Effective layout with room for cosmetic enhancements.
The valuation. The asking price of €162,337 is significantly above the fair value of €135,402, representing an excess of €26,935 (16.6%). This property is considered overpriced in the current market.
Fair value modelled at €135,402 from the area baseline, adjusted for condition and location. Asking €162,337 sits €26,935 (16.6%) above — overpriced versus fair value.
Asking €162,337 versus the rua Norton de Matos area baseline of €134,400 (€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 70/100 (Housing Market 75 · Amenities 70 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Norton de Matos
Area baseline €134,400 + condition -€9,750 + location +€10,752 = modelled fair value of €135,402 (€1,410/m²), a €26,935 (16.6%) gap versus the €162,337 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Norton de Matos | Subject | €162,337 | €1,691 | — | 70 | 70 |
| Baguim do Monte (Rio Tinto) · 99f0dc | Active | €225,000 | €2,344 | 38.6% | 65 | 71 |
| estrada Nova | Active | €275,000 | €2,022 | 19.6% | 70 | 69 |
| Baguim do Monte (Rio Tinto) · 4bc84e | Active | €200,000 | €1,786 | 5.6% | 70 | 76 |
| rua Paz, 81 | Active | €239,000 | €2,060 | 21.8% | 70 | 75 |
| Median comp | €232,000 | €2,041 | 20.7% | 70 | 73 |
Family rental The property in Ermesinde has a gap of 16.6% compared to its fair value, indicating it is overpriced for the family rental market. Despite a healthy yield of 7.7%, the elevated price may deter potential tenants seeking affordable housing options. Long-term rental With a listed price of €162,337 versus a fair value of €135,402, this apartment is significantly overpriced for a long-term rental strategy. Tenant quality may be impacted due to the mismatch between rental expectations and market affordability. Buy-and-hold Investing in this property as a buy-and-hold strategy appears less attractive due to its 16.6% price gap reflecting that it is overpriced. Long-term appreciation might not justify the initial investment, particularly in the competitive suburban market of Ermesinde.
Economic Vulnerability The property may face economic risks, as indicated by a moderate economic stability score of 65/100, which suggests potential volatility in rental income.
