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 112 m², built in 1987, energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a versatile extra room perfect for an office or guest accommodation, and a glazed veranda offering unobstructed views, enhancing its livability.
The valuation. The asking price of €285,000 is significantly above the fair value of €171,619, representing an excess of €113,381 (39.8%). This property is clearly overpriced compared to market expectations. Buy-to-flip angle. With the current condition rating of 76/100, a strategic renovation could appeal to both families and investors, aiming for a resale price that capitalizes on the €113,381 discrepancy. A quick flip could yield substantial profits. Buy-to-let angle. The estimated rental income of €974 per month provides a gross yield of 4.1%. This investment could attract long-term tenants, given the suburban location near Porto’s amenities and schools.
Fair value modelled at €171,619 from the area baseline, adjusted for condition and location. Asking €285,000 sits €113,381 (39.8%) above — overpriced versus fair value.
Asking €285,000 versus the Ermesinde, Valongo, Porto area baseline of €259,168 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €259,168 + condition +€2,275 + location +€12,544 = modelled fair value of €171,619 (€1,532/m²), a €113,381 (39.8%) gap versus the €285,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 96c19f | Subject | €285,000 | €2,545 | — | 72 | 70 |
| Águas Santas · 6d5378 | Active | €310,000 | €2,627 | 3.2% | 72 | 73 |
| Baguim do Monte (Rio Tinto) · e40b11 | Active | €269,000 | €2,514 | 1.2% | 76 | 70 |
| Ermesinde · 90d912 | Active | €319,000 | €2,703 | 6.2% | 72 | 74 |
| Ermesinde · dee5c2 | Active | €345,000 | €3,791 | 49.0% | 70 | 72 |
| Median comp | €314,500 | €2,665 | 4.7% | 72 | 73 |
Long-term rental The 3-bed apartment in Ermesinde, Valongo is currently overpriced at €285,000, significantly exceeding the fair value of €171,619. With a gross yield of only 4.1%, the investment returns do not justify the elevated price in the current market conditions. Family rental At €285,000, the property is overpriced compared to its fair value of €171,619, which limits its attractiveness to family renters who typically seek value for their investments. Despite the decent condition rating of 76/100, the gap from fair value may deter families looking for reasonable rental options in the area. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is questionable given its listing price of €285,000, far above the fair value of €171,619, indicating it is overpriced. Without a stronger appreciation potential, the 4.1% gross yield does not sufficiently compensate for the risks of holding this asset long-term.
Economic Vulnerability The property faces a risk of decreased rental income due to the economic stability score of 75/100, indicating potential fluctuations in local market conditions. Tenancy Turnover With a tenant stability score of 70/100, there is a heightened risk of turnover that could lead to increased vacancy rates and associated costs.
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