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 house of 128 m², built in 1976, energy rating F. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes an independent basement dwelling with direct light, perfect for guests or rental income, and a versatile attic space for future expansion.
The valuation. The asking price of €350,000 is significantly above the fair value of €154,218, resulting in an overpriced situation by €195,782 (55.9%). This indicates a considerable gap between market expectations and actual property value.
Fair value modelled at €154,218 from the area baseline, adjusted for condition and location. Asking €350,000 sits €195,782 (55.9%) above — overpriced versus fair value.
Asking €350,000 versus the Ermesinde, Valongo, Porto area baseline of €179,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 (Condition 62 · Materials 58 · Room dimensions 63). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 50 · Amenities 55 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €179,200 + condition -€30,000 + location +€5,018 = modelled fair value of €154,218 (€1,205/m²), a €195,782 (55.9%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 4a7e41 | Subject | €350,000 | €2,734 | — | 62 | 57 |
| rua Bom Samaritano | Active | €262,500 | €2,763 | 1.1% | 65 | 73 |
| Águas Santas · de0b7e | Active | €255,000 | €2,656 | 2.9% | 62 | 72 |
| Ermesinde · de0bab | Active | €350,000 | €2,574 | 5.9% | — | 68 |
| rua Dom Pedro IV S / N | Active | €240,000 | €4,068 | 48.8% | 73 | 68 |
| Median comp | €258,750 | €2,710 | 0.9% | 65 | 70 |
Long-term rental The property at €350,000 presents a significant gap of 55.9% from its fair value of €154,218, indicating that it is overpriced. With a low yield of 2.8% gross, this investment lacks the financial attractiveness typically desired for long-term rental strategies. Buy-and-hold With the current asking price far exceeding fair market value, the buy-and-hold strategy appears risky based on a fair value assessment of €154,218. The property's average condition and neighbourhood rating further detract from its potential for long-term appreciation. Family rental At €350,000, this house does not align with sensible family rental investments, given its valuation gap of 55.9% over fair value. Additionally, the average neighbourhood score and moderate employment opportunities suggest limited tenant quality for sustained family rental demand.
Economic and Tenant Instability The economic stability score of 55/100 and tenant stability score of 60/100 indicate potential volatility in rental income and occupancy rates, posing a risk to investment returns.
