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.
4-bedroom, 2-bathroom house of 146 m², built in 1976, energy rating F. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This property includes an attic space suitable for conversion into an additional habitable room, enhancing its versatility and living capacity beyond the standard layout.
The valuation. The asking price of €350,000 is significantly above fair value, which is estimated at €210,685, by €139,315 (39.8%). This property is overpriced and represents a poor investment opportunity.
Fair value modelled at €192,236 from the area baseline, adjusted for condition and location. Asking €350,000 sits €157,764 (45.1%) above — overpriced versus fair value.
Asking €350,000 versus the Ermesinde, Valongo, Porto area baseline of €204,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 65 · Materials 62 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 70/100 (Housing Market 78 · Amenities 70 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Ermesinde, Valongo, Porto
Area baseline €204,400 + condition -€28,516 + location +€16,352 = modelled fair value of €192,236 (€1,317/m²), a €157,764 (45.1%) gap versus the €350,000 asking price.
Long-term rental Given the listing price of €350,000, which is 39.8% above the fair value of €210,685, the potential for long-term rental income is not justified by the anticipated yield of 4%. The high acquisition cost may deter potential tenants, limiting rental demand and making this an unattractive investment. Buy-and-hold Investing in this property at €350,000, despite its condition score of 63/100 and neighborhood score of 70/100, is risky due to its significant overvaluation compared to the fair value of €210,685. Long-term appreciation is likely to be stunted by the inflated purchase price, leading to poor overall returns over time. Family rental While renting to families could be a viable option, the property's current overvaluation at €350,000 means it does not align with market-driven rental rates, which could hinder affordability for potential tenants. Given the mixed neighborhood scores and the rental yield of only 4%, this strategy lacks the necessary financial stability to be deemed attractive.
Economic Vulnerability Given an economic stability score of 65/100, there is a risk that fluctuations in the local economy could negatively impact property value and tenant demand.
