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, 4-bathroom house of 239 m², energy rating C. Located on rua Jornal de Notícias, 115, Ermesinde parish, Valongo municipality, Porto district. This property features a versatile basement games room and a spacious attic, providing ample opportunities for leisure and customization according to your family's needs.
The valuation. The asking price of €449,000 is significantly above the fair value of €370,238, resulting in an excess of €78,762 (17.5%). This property is overpriced and does not present a compelling investment opportunity.
Fair value modelled at €370,238 from the area baseline, adjusted for condition and location. Asking €449,000 sits €78,762 (17.5%) above — overpriced versus fair value.
Asking €449,000 versus the rua Jornal de Notícias, 115 area baseline of €553,046 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 72 · Materials 78 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 65 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Jornal de Notícias, 115
Area baseline €553,046 + condition +€4,855 + location +€30,783 = modelled fair value of €370,238 (€1,549/m²), a €78,762 (17.5%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Jornal de Notícias, 115 | Subject | €449,000 | €1,879 | — | 72 | 73 |
| rua das Farrapeiras, 63 | Active | €539,000 | €1,614 | 14.1% | 72 | 71 |
| rua Monte Cantiga, 96 | Active | €550,000 | €1,532 | 18.5% | 74 | 68 |
| rua Oceano Índico, 60 | Active | €460,000 | €1,825 | 2.8% | 75 | 64 |
| rua Manuel Ferreira da Silva Júnior | Active | €520,000 | €1,548 | 17.6% | 75 | 76 |
| Median comp | €529,500 | €1,581 | 15.8% | 75 | 70 |
Long-term rental This property is overpriced, with a fair value of €370,238 compared to the listing price of €449,000, resulting in a 17.5% gap. The gross yield of 3.7% indicates that the expected return may not justify the high initial investment. Buy-and-hold At a listing price of €449,000, this property is overpriced when compared to its fair value of €370,238, which presents a significant concern for long-term appreciation potential. Given the current market dynamics and the overpriced status, holding this property may yield limited financial benefits. Value-add renovation The property is overpriced at €449,000 against a fair value of €370,238, with a mileage score indicating that renovations may not overcome the initial premium paid. Potential for increased value through renovations is overshadowed by the high entry cost, making it a less viable strategy. Not ideal for Given its pricing and valuation, this property is not suitable for short-term vacation rentals, the luxury market, or student housing. These sectors demand a competitive entry price to ensure profitability, which is not met in this case.
Tenant turnover risk High tenant turnover due to a tenant stability score of 75/100 could result in increased vacancy rates and associated costs for the property owner.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
