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 apartment of 100 m², built in 2000, energy rating C. Located on travessa Pinheiro, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment's modern design is complemented by its high-quality finishes and a heat recovery system, enhancing energy efficiency and comfort throughout the living space.
The valuation. The asking price of €267,000 is significantly above the fair value of €156,890, indicating an overpriced property by €110,110 or 41.2%. This disparity suggests a lack of investment appeal based on current market conditions.
Fair value modelled at €156,890 from the area baseline, adjusted for condition and location. Asking €267,000 sits €110,110 (41.2%) above — overpriced versus fair value.
Asking €267,000 versus the travessa Pinheiro area baseline of €231,400 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa Pinheiro
Area baseline €231,400 + condition +€6,250 + location +€10,640 = modelled fair value of €156,890 (€1,569/m²), a €110,110 (41.2%) gap versus the €267,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Pinheiro | Subject | €267,000 | €2,670 | — | 75 | 69 |
| Ermesinde · 25f56b | Active | €289,000 | €2,919 | 9.3% | 74 | 74 |
| Ermesinde · 001c0a | Active | €320,000 | €2,481 | 7.1% | 70 | 71 |
| rua Doutor Joaquim Nogueira dos Santos, 884 | Active | €290,000 | €2,437 | 8.7% | 76 | 73 |
| rua de São Bartolomeu, 129 | Active | €265,000 | €3,313 | 24.1% | 72 | 73 |
| Median comp | €289,500 | €2,700 | 1.1% | 73 | 73 |
Long-term rental The 2-bed apartment in Ermesinde, Valongo is currently overpriced by 41.2%, which undermines its attractiveness for long-term rental investments. With a gross yield of only 3.5%, the property does not offer sufficient return potential compared to its fair value of €156,890. Family rental Given the current overpricing and a fair value gap of 41.2%, the property may struggle to attract families seeking affordable living options in the suburban area of Greater Porto. The combination of the subpar transaction price and a neighbourhood score of 69/100 suggests that families might prefer more competitively priced rentals within the vicinity. Buy-and-hold Investing in a buy-and-hold strategy for this apartment presents challenges due to its overpriced status at €267,000, significantly exceeding its fair value of €156,890. The expected long-term appreciation may not justify the current investment, especially considering the modest gross yield of 3.5% and the condition rating of 79/100 indicating only average desirability. Not ideal for luxury market This property does not cater to the luxury market due to its pricing being above fair value, which is inconsistent with luxury expectations. Buyers in this segment typically seek premium features and superior value propositions, which this listing fails to deliver. Not ideal for short-term vacation rental The overpricing of this apartment coupled with its low yield of 3.5% suggests a lack of profitability for short-term vacation rental purposes. Investors are likely to find more compelling properties that offer better returns and align with the preferences of short-term tenants in Greater Porto.
Economic Sensitivity Risk The economic stability score of 65/100 indicates moderate sensitivity to economic downturns, which could impact tenant retention and rental income stability.
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.
