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 94 m². Located on rua Calouste Gulbenkian, 152, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment includes a private parking space and is situated centrally, providing easy access to local amenities and public transport in Ermesinde.**
The valuation. The asking price of €198,000 is significantly above the fair value of €34,077, representing an excess of €163,923 or 82.8%. Verdict: overpriced. Buy-to-flip angle. Reselling this apartment quickly for a profit is challenging, given its overpriced listing and condition rating of 0/100. Buy-to-let angle. A gross yield of 5.9% on an estimated monthly rental income of €974 suggests potential for long-term rental stability, despite the high purchase price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Calouste Gulbenkian, 152 | Subject | €198,000 | €2,106 | — | — | 74 |
| rua de Medancelhe | Active | €257,500 | €1,981 | 6.0% | 54 | 71 |
| rua Gago Coutinho, 195 | Active | €274,990 | €2,311 | 9.7% | 70 | 64 |
| rua Calouste Gulbenkian | Active | €159,000 | €1,691 | 19.7% | 55 | 67 |
| Pedrouços · 25f8e0 | Active | €295,000 | €2,138 | 1.5% | 65 | 70 |
| Median comp | €266,245 | €2,060 | 2.2% | 60 | 69 |
Long-term rental Long-term rental potential is hindered by the significant 82.8% gap from fair value, indicating that investors are likely overpaying for this property. Additionally, the low condition score of 0/100 suggests high renovation costs that could further diminish rental profitability. Family rental Although the property is located in a neighborhood with a decent score of 74/100, the substantial gap to fair value means the price is likely not justified for a family-oriented rental investment. The condition at 0/100 raises concerns about the property's readiness for family occupancy without significant additional expenses. Buy-and-hold Investing in this property as a buy-and-hold strategy appears problematic given its fair value of only €34,077 compared to the listing price of €198,000, indicating it is overpriced. The ongoing costs associated with improvements needed to convert the property into a desirable investment may result in a poor return on investment in the long run.
Economic fluctuations risk The economic stability score of 70/100 indicates potential vulnerability to economic downturns that could impact 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.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
