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, 3-bathroom house of 174 m², built in 1955, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a spacious outdoor area adjoining the Escola da Gandra, perfect for families and providing potential for outdoor activities or events.
The valuation. The asking price of €350,000 is significantly above the fair value of €261,616, indicating an overvaluation of €88,384 (25.3%). This property reflects a market trend where asking prices may not align with true value. Buy-to-flip angle. With renovation costs likely below €50,000 due to existing quality finishes, the resale strategy aims for a quick flip that could yield a profit surpassing €400,000, posting an attractive return. Buy-to-let angle. The estimated monthly rental income of €1,429 suggests a gross yield of 4.9%, appealing for long-term rental strategies in a suburban setting that accommodates families and offers steady demand.
Fair value modelled at €261,616 from the area baseline, adjusted for condition and location. Asking €350,000 sits €88,384 (25.3%) above — overpriced versus fair value.
Asking €350,000 versus the Ermesinde, Valongo, Porto area baseline of €243,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 71 · Materials 79 · Room dimensions 73). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 71/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €243,600 + condition -€2,447 + location +€20,462 = modelled fair value of €261,616 (€1,504/m²), a €88,384 (25.3%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 4a7e65 | Subject | €350,000 | €2,011 | — | 71 | 71 |
| Baguim do Monte (Rio Tinto) · ba5768 | Active | €370,000 | €1,602 | 20.4% | 70 | 72 |
| rua das Farrapeiras, 63 | Active | €539,000 | €1,614 | 19.8% | 72 | 71 |
| rua Jornal de Notícias, 115 | Active | €449,000 | €1,879 | 6.6% | 72 | 73 |
| Ermesinde · 090134 | Active | €780,000 | €4,021 | 99.9% | 70 | 67 |
| Median comp | €494,000 | €1,747 | 13.2% | 71 | 72 |
Long-term rental The property in Ermesinde, priced at €350,000, presents a gap of 25.3% compared to its fair value of €261,616, indicating it is overpriced. With a gross yield of 4.9%, the investment does not adequately compensate for its current valuation. Family rental Given the 74/100 condition rating and the family-friendly potential of the neighborhood, the property could attract long-term tenants, but its overpriced status makes it a less appealing investment. The average neighborhood rating of 71/100 also suggests that while there is some demand, the price does not align with market expectations. Buy-and-hold Although the property could serve as a buy-and-hold investment in the Greater Porto area, the significant 25.3% premium over its fair value raises concerns about future appreciation. Investors should be cautious, as the combination of an inflated purchase price and a moderate yield of 4.9% may limit long-term gains and overall performance.
Tenant turnover risk The tenant stability score of 65/100 indicates a moderate risk of tenant turnover, which could lead to potential vacancy and loss of rental income.
