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, 1-bathroom apartment of 95 m², built in 1990. Located on praceta Rainha Mariana Vitória, 24, Ermesinde parish, Valongo municipality, Porto district. This property features a functional kitchen with ample storage, catering to culinary enthusiasts, and a garage with an additional private parking space for convenience in a central location.
The valuation. The asking price of €247,500 is significantly above the fair value of €149,603, resulting in an overpricing of €97,897 (39.6%). This indicates a lack of alignment between market expectations and the current valuation.
Fair value modelled at €137,332 from the area baseline, adjusted for condition and location. Asking €247,500 sits €110,168 (44.5%) above — overpriced versus fair value.
Asking €247,500 versus the praceta Rainha Mariana Vitória, 24 area baseline of €133,000 (€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 70). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 76/100 (Housing Market 79 · Amenities 75 · Economic 85 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
praceta Rainha Mariana Vitória, 24
Area baseline €133,000 + condition -€9,500 + location +€13,832 = modelled fair value of €137,332 (€1,446/m²), a €110,168 (44.5%) gap versus the €247,500 asking price.
Long-term rental The 2-bed apartment in Ermesinde, Valongo is priced at €247,500, which reflects a significant gap of 39.6% above its fair value of €149,603. With a gross yield of only 3.8%, this property does not present an attractive opportunity for long-term rental given its current pricing. Family rental At €247,500, the property is significantly overpriced when compared to its fair value of €149,603, resulting in a substantial gap of 39.6%. While the neighborhood has a fair rating of 76/100, the high price limits its potential as a family rental investment. Value-add renovation Although the property has potential for value-add renovation, its current asking price of €247,500 is 39.6% higher than the fair valuation of €149,603. This price point may deter investors looking for renovation opportunities that could yield better financial returns. Not ideal for: Short-term vacation rental, Student housing, Luxury market
Economic Dependence Risk The high economic stability score of 85/100 suggests a strong economy; however, the tenant stability score of 70/100 indicates that 30% of tenants may be susceptible to instability, potentially leading to higher vacancy rates or turnover.
