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 96 m². Located Ermesinde parish, Valongo municipality, Porto district. Highlight: The apartment features a modern kitchen with quality materials and a small balcony, enhancing both functionality and outdoor enjoyment in an urban setting.
The valuation. The asking price of €162,337 is significantly above the fair value of €142,464, indicating an overpriced situation by €19,873 (12.2%). This suggests buyers should approach with caution. Buy-to-flip angle. A buy-to-flip strategy could entail renovating the apartment, enhancing its appeal, and ultimately reselling it for a profit in the suburban Porto market. Buy-to-let angle. The estimated gross yield of 7.1% translates to around €960 per month, making it an attractive option for long-term rental aimed at families.
Fair value modelled at €142,464 from the area baseline, adjusted for condition and location. Asking €162,337 sits €19,873 (12.2%) above — overpriced versus fair value.
Asking €162,337 versus the Ermesinde, Valongo, Porto area baseline of €222,144 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 72 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €222,144 + condition +€0 + location +€8,064 = modelled fair value of €142,464 (€1,484/m²), a €19,873 (12.2%) gap versus the €162,337 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · de0b8a | Subject | €162,337 | €1,691 | — | 72 | 65 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 16.0% | 72 | 74 |
| estrada Nova | Active | €299,900 | €1,999 | 18.2% | 73 | 73 |
| rua Campaínha S / N | Active | €325,000 | €2,167 | 28.1% | 75 | 70 |
| rua Comércio do Porto, 34 | Active | €290,000 | €2,320 | 37.2% | 73 | 77 |
| Median comp | €304,950 | €2,083 | 23.2% | 73 | 74 |
Long-term rental This 3-bed apartment in Ermesinde, Valongo is currently listed at €162,337, representing a 12.2% premium over its fair value of €142,464, suggesting it is overpriced. Although it offers a gross yield of 7.1%, the neighborhood quality scores only 65/100, indicating potential challenges in tenant retention or satisfaction. Family rental The asking price of €162,337 for this 96m² apartment appears excessive, given its fair value is benchmarked at €142,464, resulting in a 12.2% markup. While it could attract families due to its three bedrooms, the neighborhood’s average ratings may not support long-term rental performance effectively. Buy-and-hold With a current market price of €162,337 that exceeds its fair value by 12.2%, this property is not positioned well for a buy-and-hold strategy. The gross yield of 7.1% may seem appealing, but the economic and housing market conditions reflected in the neighborhood score of 65/100 indicate potential hurdles for appreciation over time.
Moderate Economic and Tenant Instability: With both economic stability and tenant stability scores at 65/100, there is a significant risk of fluctuations in rental income and occupancy rates due to potential volatility in the local economy and tenant base.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
