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 40 m², built in 1983, energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. The apartment features a closed balcony off the kitchen, providing additional versatile space for relaxation or storage despite its compact size.
The valuation. The asking price of €170,000 is significantly above the fair value of €48,652, resulting in an overpricing of €121,348 (71.4%). This suggests that prospective buyers should approach with caution due to inflated expectations. Buy-to-flip angle. The buy-to-flip strategy for this apartment would involve renovations to address the dated elements, aiming for a potential resale at a higher price point in a competitive market. Buy-to-let angle. With an estimated gross yield of 4.6%, the long-term rental strategy could generate approximately €652 per month, appealing to families seeking rental options in the mixed neighborhood.
Fair value modelled at €48,652 from the area baseline, adjusted for condition and location. Asking €170,000 sits €121,348 (71.4%) above — overpriced versus fair value.
Asking €170,000 versus the Ermesinde, Valongo, Porto area baseline of €56,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 (Condition 60 · Materials 70 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €56,000 + condition -€12,500 + location +€5,152 = modelled fair value of €48,652 (€1,216/m²), a €121,348 (71.4%) gap versus the €170,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 6fb830 | Subject | €170,000 | €4,250 | — | 60 | 73 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 26.4% | 49 | 74 |
| rua Bento de Jesus Caraça | Active | €219,000 | €3,129 | 26.4% | — | 68 |
| rua de Vilar | Active | €198,000 | €2,789 | 34.4% | — | 68 |
| Rio Tinto · 99f40b | Active | €229,500 | €3,477 | 18.2% | — | 65 |
| Median comp | €219,000 | €3,129 | 26.4% | 49 | 68 |
Long-term rental This property represents a significant disparity from its fair value, suggesting that potential long-term rental income may not justify the high acquisition cost of €170,000. With a gross yield of 4.6% and a condition rating of 55/100, the investment appears less viable in the current market context, especially given the 71.4% gap from fair value. Family rental Investing in this property for family rental purposes seems impractical due to its substantial price over fair value, which limits potential rent yields. The combination of a modest yield of 4.6% and the property’s fair value of €48,652 indicates it is likely to struggle in capturing competitive family tenants in the area. Buy-and-hold The buy-and-hold strategy may not yield favorable returns for this apartment, as its listing price is significantly above the assessed fair value. With a gap of 71.4%, this investment might not provide the long-term appreciation potential necessary for a successful hold strategy, particularly in a suburban metro area like Ermesinde.
Market Vulnerability The combined economic and tenant stability score of 75/100 suggests a potential risk of market vulnerability, indicating that fluctuations could impact income stability.
