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 91 m², energy rating D. Located on rua Doutor Alberto Lemos, 5, Ermesinde parish, Valongo municipality, Porto district. This apartment features dual balconies and an enclosed terrace, providing versatile outdoor space and additional natural light, enhancing the living experience in a central location.
The valuation. The asking price of €345,000 is significantly above the fair value of €117,828, presenting an overvaluation of €227,172 (65.8%). This property is not a viable investment at its current price.
Fair value modelled at €117,828 from the area baseline, adjusted for condition and location. Asking €345,000 sits €227,172 (65.8%) above — overpriced versus fair value.
Asking €345,000 versus the rua Doutor Alberto Lemos, 5 area baseline of €127,400 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 65 · Materials 60 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 75 · Amenities 65 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Alberto Lemos, 5
Area baseline €127,400 + condition -€19,764 + location +€10,192 = modelled fair value of €117,828 (€1,295/m²), a €227,172 (65.8%) gap versus the €345,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Alberto Lemos, 5 | Subject | €345,000 | €3,791 | — | 65 | 70 |
| Ermesinde · dee5c2 | Active | €345,000 | €3,791 | 0% | 70 | 72 |
| rua Dom António Castro Meireles | Active | €250,000 | €2,500 | 34.1% | 68 | 75 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 17.5% | — | 68 |
| Águas Santas · 96c33b | Active | €355,000 | €3,318 | 12.5% | 60 | 70 |
| Median comp | €297,500 | €3,224 | 15.0% | 68 | 71 |
Long-term rental With a gross yield of 2.7%, this property's financial potential is hindered significantly by its overpriced listing at €345,000, which is a staggering 65.8% above its fair value. Furthermore, the adequate but not exceptional neighborhood ratings and condition suggest that the anticipated rental income may not justify the investment. Family rental While the property could serve as a family rental option due to its size and suburban amenities, its price point is inflated and does not align with the fair value of €117,828. Families seeking affordability in a decent neighborhood would likely find better opportunities elsewhere given this property’s premium over justified market rates. Buy-and-hold Investing in this apartment as a buy-and-hold strategy seems questionable due to its listing at €345,000, which is substantially above its estimated fair value of €117,828. This inflated price narrows the margin for potential appreciation, making long-term investment less appealing within the current market dynamics.
Economic and Tenant Stability Risk The economic and tenant stability scores of 70/100 indicate a moderate risk of fluctuations in rental income and potential vacancies, which may impact overall property profitability.
