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.
0-bedroom, 0-bathroom apartment of 124 m², built in 1991. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts a pleasant marquise balcony perfect for relaxation and an air-conditioned living room, enhancing comfort in a spacious layout.
The valuation. The asking price of €254,000 is significantly above the fair value of €176,977, making it overpriced by €77,023 (30.3%). This disparity suggests cautious evaluation before investment. Buy-to-flip angle. A buy-to-flip strategy may be challenging due to the substantial price markup; resale profits would need to overcome initial investment hurdles. Buy-to-let angle. With an estimated rental income of €931/month, the gross yield stands at 4.4%, presenting a moderate opportunity for generating steady cash flow in the long term.
Fair value modelled at €176,977 from the area baseline, adjusted for condition and location. Asking €254,000 sits €77,023 (30.3%) above — overpriced versus fair value.
Asking €254,000 versus the Ermesinde, Valongo, Porto area baseline of €293,384 (€2,366/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 69/100 (Condition 70 · Materials 65 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 80 · Amenities 70 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €293,384 + condition -€12,594 + location +€15,971 = modelled fair value of €176,977 (€1,427/m²), a €77,023 (30.3%) gap versus the €254,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · dc14c4 | Subject | €254,000 | €2,048 | — | 70 | 73 |
| estrada Nova | Active | €160,000 | €2,222 | 8.5% | 68 | 67 |
| Baguim do Monte (Rio Tinto) · 99f0dc | Active | €225,000 | €2,344 | 14.4% | 65 | 71 |
| Rio Tinto · 3897bd | Active | €235,000 | €1,632 | 20.3% | 74 | 77 |
| Rio Tinto · 99f40b | Active | €229,500 | €3,477 | 69.8% | — | 65 |
| Median comp | €227,250 | €2,283 | 11.5% | 68 | 69 |
Long-term rental The property in Ermesinde is priced at €254,000, which is significantly above its fair value of €176,977, indicating it is overpriced by 30.3%. With a gross yield of 4.4%, the investment may not provide optimal returns, particularly as tenant quality and neighborhood amenities are average. Family rental Although the apartment has a suitable size for family living, its listing price suggests a 30.3% overvaluation compared to its fair value of €176,977. The combination of a 4.4% gross yield and average neighborhood conditions may deter potential tenants and limit long-term viability. Buy-and-hold Investing in this apartment as a buy-and-hold strategy is challenging due to its excessive listing price of €254,000, translating to a 30.3% gap from the fair value of €176,977. This overpricing could hinder capital appreciation and result in subpar rental yields in the suburban Valongo market.
Tenant turnover risk: With a tenant stability score of 65/100, there is a heightened risk of frequent tenant turnover, which could impact consistent rental income.
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