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 90 m², built in 2003, energy rating C. Located on rua Ermo, Grijó e Sermonde parish, Vila Nova de Gaia municipality, Porto district. Noteworthy Features: This property includes access to a spacious private garden exclusively for residents, enhancing outdoor leisure opportunities and social gatherings.
The valuation. The asking price of €255,000 sits €4,565 (1.8%) above the fair value of €250,435. Thus, the property is considered overpriced.
Fair value modelled at €250,435 from the area baseline, adjusted for condition and location. Asking €255,000 sits €4,565 (1.8%) above — overpriced versus fair value.
Asking €255,000 versus the rua Ermo area baseline of €239,760 (€2,664/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 75 · Materials 83 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 74/100 (Housing Market 70 · Amenities 70 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Ermo
Area baseline €239,760 + condition +€5,906 + location +€21,419 = modelled fair value of €250,435 (€2,783/m²), a €4,565 (1.8%) gap versus the €255,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ermo | Subject | €255,000 | €2,833 | — | 75 | 74 |
| rua Manuel Quintas, 203 | Active | €275,000 | €2,523 | 11.0% | 75 | 62 |
| Grijó e Sermonde · b45318 | Active | €285,000 | €3,132 | 10.5% | 76 | 69 |
| rua Cruzes de São Vicente | Active | €246,500 | €1,882 | 33.6% | 75 | 70 |
| Grijó e Sermonde · 42002b | Active | €259,000 | €2,398 | 15.4% | 70 | 62 |
| Median comp | €267,000 | €2,461 | 13.2% | 75 | 66 |
Long-term rental The 2-bed apartment in Grijó e Sermonde is currently overpriced, with a listing of €255,000 against a fair value of €250,435, representing a narrow gap of 1.8%. With a gross yield of 2.9%, the rental return may not attract long-term investors seeking better value. Family rental This apartment, while suitable for family living given its size and amenities, is overpriced at €255,000 compared to the fair value of €250,435, reflecting a mere 1.8% difference. The moderate yield of 2.9% may deter families looking for competitive rental options within the region. Buy-and-hold Investing in the Grijó e Sermonde apartment for a buy-and-hold strategy is less appealing, as it is currently overpriced at €255,000, which is slightly above its fair value of €250,435. The 2.9% gross yield, coupled with a condition rating of 79/100, may not justify the investment in a competitive market environment where gaining equity could be challenging.
Tenant turnover risk High tenant turnover may occur due to a tenant stability score of 75/100, potentially leading to increased vacancy costs and loss of rental income.
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