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 120 m², built in 1978, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy features: The apartment includes a dedicated garage and an enclosed balcony, enhancing usability and comfort despite its aging aesthetic.
The valuation. The asking price of €185,000 is significantly above the fair value of €133,893, representing an overvaluation of €51,107 (27.6%). This property clearly does not present a sound financial opportunity given its inflated market price.
Fair value modelled at €133,893 from the area baseline, adjusted for condition and location. Asking €185,000 sits €51,107 (27.6%) above — overpriced versus fair value.
Asking €185,000 versus the Ermesinde, Valongo, Porto area baseline of €277,680 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 55 · Materials 50 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 70 · Amenities 65 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €277,680 + condition -€46,875 + location +€12,768 = modelled fair value of €133,893 (€1,116/m²), a €51,107 (27.6%) gap versus the €185,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 956e93 | Subject | €185,000 | €1,542 | — | 55 | 69 |
| rua Calouste Gulbenkian | Active | €159,000 | €1,691 | 9.7% | 55 | 67 |
| rua de Medancelhe | Active | €257,500 | €1,981 | 28.5% | 54 | 71 |
| Ermesinde · 38c270 | Active | €220,000 | €2,157 | 39.9% | 58 | 66 |
| Valongo · 4a7db4 | Active | €249,900 | €2,032 | 31.8% | 58 | 73 |
| Median comp | €234,950 | €2,007 | 30.2% | 57 | 69 |
Long-term rental The potential gross yield of 6.1% may initially seem attractive; however, the property's listing price is 27.6% above fair value, indicating it is overpriced. Additionally, the suburban location and average condition (50/100) may lead to challenges in securing stable long-term tenants. Buy-and-hold Investing in this property for the long term faces a significant risk due to its current price being 27.6% above fair value, which could lead to capital losses. Furthermore, the average neighborhood rating (69/100) and apartment condition (50/100) imply limited appreciation potential. Family rental While targeting family rentals might seem feasible, the substantial gap from fair value (27.6%) indicates that this property is overpriced and requires careful financial consideration. Besides, the suburban setting may not attract families looking for higher-quality living environments, further complicating rental prospects. Not ideal for The luxury market is not a suitable strategy for this property, as its condition and pricing (over 27% above fair value) do not align with the expectations of high-end buyers. Likewise, short-term vacation rentals are also unsuitable, given the pricing and the suburban nature of the unit, which likely fails to attract tourists seeking prime locations.
Economic Volatility Risk The economic stability score of 70/100 indicates potential fluctuations in market conditions, which may impact rental income and property value.
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