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 65 m², energy rating C. Located on travessa de Ermesinde, 85, Ermesinde parish, Valongo municipality, Porto district. This apartment features a private balcony that offers serene views of the surrounding greenery, enhancing its appeal for outdoor relaxation.
The valuation. The asking price of €227,000 exceeds the fair value of €24,292 by €202,708, which is 89.3% above the fair market rate, indicating the property is overpriced. Buy-to-flip angle. A buy-and-flip strategy could be challenging due to the significant gap between asking price and market value, making rapid resale unlikely to yield profits. Buy-to-let angle. The estimated gross yield of 3.8%, translating to approximately €719 per month, suggests a low return on rental investment compared to market standards in the area.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa de Ermesinde, 85 | Subject | €227,000 | €3,492 | — | — | 76 |
| rua Tomás Barbosa Leão | Active | €210,000 | €3,000 | 14.1% | 70 | 73 |
| rua de Vilar | Active | €198,000 | €2,789 | 20.1% | — | 68 |
| Rio Tinto · 99f40b | Active | €229,500 | €3,477 | 0.4% | — | 65 |
| rua Pedro Homem de Melo | Active | €230,000 | €2,771 | 20.7% | 65 | 71 |
| Median comp | €219,750 | €2,895 | 17.1% | 68 | 70 |
Long-term rental The property in Ermesinde is overpriced by 89.3% compared to its fair value, making long-term rental a challenging strategy given the inflated initial investment. With a gross yield of only 3.8%, the financial returns do not justify the acquisition cost in this market. Student housing Given that the property is overpriced by 89.3%, investing in student housing would not be advisable as prospective rental income would not offset the high entry price. Additionally, the apartment's condition rating of 0/100 suggests significant upfront costs for renovations that further diminish its appeal for this strategy. Buy-and-hold Investing in a buy-and-hold strategy for this overpriced apartment poses substantial risk, as the 89.3% gap from its fair value creates an unrealistic price expectation for future appreciation. The average yield of 3.8% does not provide sufficient compensation for the elevated purchase price and high renovation needs, making this an unattractive long-term investment option.
Potential tenant turnover The property could experience higher vacancy rates due to a tenant stability score of 70/100, indicating possible challenges in retaining tenants.
