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 100 m² on the 3rd floor, energy rating D. Located on rua Bento de Jesus Caraça, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This renovated apartment features an L-shaped living room that allows for the possibility of creating a dedicated office or closet space, maximizing utility in a compact layout.
The valuation. The asking price of €195,000 is significantly above the fair value of €35,133, representing an overpricing of €159,868 (82.0%). This property does not present a compelling investment opportunity given its inflated price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Bento de Jesus Caraça | Subject | €195,000 | €1,950 | — | — | 72 |
| Ermesinde · 38c270 | Active | €220,000 | €2,157 | 10.6% | 58 | 66 |
| rua Paz, 81 | Active | €239,000 | €2,060 | 5.7% | 70 | 75 |
| Ermesinde · e40b16 | Active | €147,000 | €1,729 | 11.3% | 65 | 73 |
| Ermesinde · e40b2a | Active | €154,900 | €1,648 | 15.5% | 60 | — |
| Median comp | €187,450 | €1,895 | 2.8% | 63 | 73 |
Long-term rental The 2-bed apartment in Ermesinde, Valongo is overpriced by 82.0% compared to its fair value of €35,133, which detracts from its potential as a long-term rental investment. With a gross yield of 5.2% and a poor condition rating of 0/100, the financial metrics do not justify the high asking price. Family rental Although the neighborhood offers a decent rating of 72/100, the substantial price gap of 82.0% indicates that the property is overpriced at €195,000. Families seeking quality living conditions would likely be deterred by its low condition score and inflated price, limiting its appeal in the family rental market. Buy-and-hold The buy-and-hold strategy is compromised by the apartment's significant overpricing of 82.0%, far exceeding its fair value of €35,133. The combination of a low condition rating and high acquisition cost suggests that the potential for long-term appreciation is not sufficient to justify this investment.
Tenant turnover risk With a tenant stability score of 70/100, there is a moderate risk that increased turnover could impact rental income and property management costs in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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