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 85 m², built in 1993, energy rating B. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a private garden, providing an ideal space for leisure and socializing, along with a low monthly condominium fee of only €37. Características Notáveis: O imóvel inclui um jardim privado, proporcionando um espaço ideal para lazer e convívio, além de uma baixa taxa de condomínio mensal de apenas €37.
The valuation. The asking price of €205,000 is notably below the fair value of €235,698, indicating a difference of €30,698 (13.0%). This presents an attractive opportunity for potential investors seeking undervalued assets.
Fair value modelled at €235,698 from 6 comparable sales in the area. Asking €205,000 sits €30,698 (13.0%) below — the upside to fair value.
Asking €205,000 versus the Ermesinde, Valongo, Porto area baseline of €212,691 (€2,502/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €212,691, adjusted for condition and micro-location, gives a modelled fair value of €235,698 (€2,773/m²), a €30,698 (13.0%) gap versus the €205,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 8ee329 | Subject | €205,000 | €2,412 | — | 65 | 73 |
| Ermesinde · ba3a63 | Active | €276,500 | €2,514 | 4.2% | 70 | 65 |
| Ermesinde · 6c77a6 | Active | €276,500 | €2,514 | 4.2% | 75 | 67 |
| Alfena · 1e61c5 | Active | €210,000 | €3,043 | 26.2% | 80 | 70 |
| praça Fernando Campos | Active | €358,000 | €2,754 | 14.2% | 72 | 71 |
| Median comp | €276,500 | €2,634 | 9.2% | 74 | 69 |
Family rental The 2-bed apartment in Ermesinde, priced at €205,000, presents a compelling family rental opportunity, especially given its 4.7% gross yield and a fair value of €235,698. With a neighbourhood rating of 73/100, it indicates a suitable environment for families looking for long-term housing close to Porto's urban amenities. Long-term rental Investors can capitalize on the 4.7% gross yield from this Ermesinde property, which is priced below its fair value by 13.0%. The apartment's adequate condition score of 68/100 suggests minimal initial investment in renovations, making it an appealing option for long-term rental income. Buy-and-hold With a fair value significantly higher than the listing price, this property in Ermesinde is positioned strongly for a buy-and-hold investment strategy. The area's strong urban characteristics and proximity to Porto enhance its potential for value appreciation over time.
Tenant turnover risk The property could experience higher vacancy rates due to a tenant stability score of 75/100, indicating potential challenges in retaining tenants.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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