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, 2-bathroom apartment of 110 m², energy rating B. Located Ermesinde parish, Valongo municipality, Porto district. This property features a sunroom ideal for relaxation and has a fully equipped kitchen with an island, enhancing its modern appeal and functional design.
The valuation. The asking price of €276,500 exceeds fair value by €104,087 (37.6%), making this property overpriced at €2,514/m² compared to its fair value of €172,413.
Fair value modelled at €158,771 from the area baseline, adjusted for condition and location. Asking €276,500 sits €117,729 (42.6%) above — overpriced versus fair value.
Asking €276,500 versus the Ermesinde, Valongo, Porto area baseline of €154,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 65/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Ermesinde, Valongo, Porto
Area baseline €154,000 + condition -€4,469 + location +€9,240 = modelled fair value of €158,771 (€1,443/m²), a €117,729 (42.6%) gap versus the €276,500 asking price.
Family rental The current listing price of €276,500 for the 2-bed apartment in Ermesinde is 37.6% above the fair value of €172,413, indicating that it is overpriced for family rental purposes. Given the apartment's decent condition rating of 72/100 and a neighbourhood score of 65/100, potential rental income might not cover the purchasing cost effectively. Long-term rental With a gross yield of 3.5% and the property listed at a significant premium, the investment is not aligned with sustainable long-term rental strategies. The gap from the fair value suggests that investors may struggle to achieve favorable returns in the long run. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold strategy is questionable given its €276,500 price tag, which exceeds the fair value by 37.6%. This raises concerns over future appreciation potential and ongoing cash flow, making it less attractive for long-term holdings.
Economic and Tenant Stability Risk The property has an economic stability score of 70 and a tenant stability score of 70, indicating a moderate risk due to potential fluctuations in local economic conditions and tenant retention.
