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.
1-bedroom, 1-bathroom apartment of 62 m², built in 1987, energy rating A+. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features an open space layout with high ceilings and a ventilated sunroom, enhancing natural light and airflow unlike typical standard units.
The valuation. The asking price of €215,000 is significantly above fair value, exceeding it by €114,475 or 53.2%. This property is overpriced based on comparable market data. Buy-to-flip angle. A resale strategy could target a property enhancement approach, improving aesthetics to attract buyers aiming for a quick sale post-renovation. Such upgrades could potentially increase profit margins. Buy-to-let angle. With an estimated rental income of €627 per month, this property could yield a gross rental yield of 3.5%, making it a moderate option for long-term rental amidst suburban Greater Porto’s mixed neighbourhood.
Fair value modelled at €100,525 from the area baseline, adjusted for condition and location. Asking €215,000 sits €114,475 (53.2%) above — overpriced versus fair value.
Asking €215,000 versus the Ermesinde, Valongo, Porto area baseline of €86,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 (Condition 80 · Materials 85 · Room dimensions 80). 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 €86,800 + condition +€6,781 + location +€6,944 = modelled fair value of €100,525 (€1,621/m²), a €114,475 (53.2%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 26201d | Subject | €215,000 | €3,468 | — | 80 | 70 |
| Ermesinde · 25f4f3 | Active | €215,000 | €3,258 | 6.1% | 88 | 74 |
| Ermesinde · de0bc7 | Active | €275,000 | €2,989 | 13.8% | 75 | 72 |
| Alfena · 1e61c5 | Active | €210,000 | €3,043 | 12.2% | 80 | 70 |
| Ermesinde · ba3a63 | Active | €276,500 | €2,514 | 27.5% | 70 | 65 |
| Median comp | €245,000 | €3,016 | 13.0% | 78 | 71 |
Long-term rental The 1-bed apartment in Ermesinde is listed at €215,000, significantly above its fair value of €100,525, representing a gap of 53.2%. With a gross yield of 3.5%, this investment is overpriced and does not offer attractive returns for long-term rental strategies. Family rental While the apartment is situated in a suburban area of Greater Porto, making it appealing for family rentals, its listing price of €215,000 surpasses the fair value of €100,525 by 53.2%. Consequently, this property is overpriced, and competing with more reasonably priced family rentals may prove difficult. Buy-and-hold Investing in the 1-bed apartment for a buy-and-hold strategy at the current price of €215,000 fails to justify itself against the fair valuation of €100,525, showing a concerning 53.2% gap. Therefore, this property is overpriced and would not align well with long-term wealth accumulation objectives due to its inflated initial cost.
Economic Vulnerability The economic stability score of 75/100 indicates a moderate level of risk, suggesting potential fluctuations in economic conditions that could affect property value and income stability.
