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, 1-bathroom apartment of 70 m², built in 1980, energy rating D. Located on rua Bento de Jesus Caraça, Ermesinde parish, Valongo municipality, Porto district. Property Feature: This apartment includes two balconies, enhancing outdoor living space and offering ample natural light, along with views in both east and west directions.
The valuation. The asking price of €219,000 is significantly above the fair value of €78,424, resulting in an overpricing of €140,576 or 64.2% above fair market metrics.
Fair value modelled at €78,424 from the area baseline, adjusted for condition and location. Asking €219,000 sits €140,576 (64.2%) above — overpriced versus fair value.
Asking €219,000 versus the rua Bento de Jesus Caraça area baseline of €161,980 (€2,314/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 49/100 (Condition 49 · Materials 47 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 80). Strong amenities and housing-market momentum support a premium to baseline.
rua Bento de Jesus Caraça
Area baseline €161,980 + condition -€28,984 + location +€9,408 = modelled fair value of €78,424 (€1,120/m²), a €140,576 (64.2%) gap versus the €219,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bento de Jesus Caraça | Subject | €219,000 | €3,129 | — | 49 | 74 |
| Ermesinde · 6fb830 | Active | €170,000 | €4,250 | 35.8% | 60 | 73 |
| Ermesinde · 0dcf03 | Active | €250,000 | €2,841 | 9.2% | 42 | 64 |
| Ermesinde · 25f572 | Active | €200,000 | €2,740 | 12.4% | 35 | 69 |
| Ermesinde · 00161e | Active | €210,000 | €2,800 | 10.5% | 55 | 76 |
| Median comp | €205,000 | €2,821 | 9.8% | 49 | 71 |
Family rental This property is overpriced at €219,000, with a gap of 64.2% compared to its fair value of €78,424. The neighbourhood rating of 74/100 indicates a decent quality of living, but it may not justify the investment cost given the high disparity in value. Long-term rental With a gross yield of only 4.2%, this 2-bed apartment fails to represent a sound long-term rental investment, especially considering its fair value is significantly lower at €78,424. The property’s condition rating of 49/100 raises further concerns about the renovation costs involved, making it a less appealing option. Buy-and-hold Although the location near Porto offers some economic advantages, the property’s current price of €219,000 constitutes a poor buy-and-hold strategy due to its overpriced status relative to the fair value. Investors would likely find better opportunities elsewhere with a more favorable price-to-value ratio and potential for appreciation.
Economic Volatility Risk The economic stability score of 75/100 indicates a moderate level of risk, suggesting potential fluctuations in the local economy that may affect rental income and property value.
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