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, 2-bathroom apartment of 110 m² on the 1st floor, built in 1998, energy rating B. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features a stylish sunroom that enhances natural light and provides an inviting space for relaxation, coupled with the convenience of a dedicated garage.
The valuation. The asking price of €276,500 exceeds the fair value of €166,363 by €110,137, representing a considerable 39.8% overvaluation. This suggests the property is overpriced in comparison to market norms.
Fair value modelled at €166,363 from the area baseline, adjusted for condition and location. Asking €276,500 sits €110,137 (39.8%) above — overpriced versus fair value.
Asking €276,500 versus the Ermesinde, Valongo, Porto area baseline of €260,260 (€2,366/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 60 · Economic 75 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Ermesinde, Valongo, Porto
Area baseline €260,260 + condition +€1,891 + location +€10,472 = modelled fair value of €166,363 (€1,512/m²), a €110,137 (39.8%) gap versus the €276,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 6c77a6 | Subject | €276,500 | €2,514 | — | 75 | 67 |
| praça Fernando Campos | Active | €358,000 | €2,754 | 9.6% | 72 | 71 |
| Ermesinde · de0bc7 | Active | €275,000 | €2,989 | 18.9% | 75 | 72 |
| estrada Nova | Active | €349,000 | €2,792 | 11.1% | 75 | 71 |
| Alfena · 1e61c5 | Active | €210,000 | €3,043 | 21.1% | 80 | 70 |
| Median comp | €312,000 | €2,891 | 15.0% | 75 | 71 |
Long-term rental The 2-bed apartment in Ermesinde is overpriced, leaving investors with a yield of only 3.7%, which is below the expectations for this market segment. Given the fair value of €166,363, the significant gap of 39.8% indicates that this property fails to meet the financial benchmarks for a sustainable long-term rental strategy. Buy-and-hold Despite its moderate condition score of 76/100, the pricing of this Ermesinde apartment suggests it is overpriced, making it a less attractive buy-and-hold investment. Investors would be better off seeking properties closer to fair value to ensure adequate returns over time. Family rental The family rental potential of this property is diminished by its substantial price above fair value, suggesting that demand may not align with the investment. With a neighbourhood score of only 67/100, the property may struggle to attract long-term tenants at the current asking price. Not ideal for Short-term vacation rental, Luxury market, Student housing
Tenant turnover risk The combination of a tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could lead to increased vacancy rates and associated costs in managing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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