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 94 m², built in 1987, energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts an elevated position allowing for exceptional natural light and privacy, along with a functional outdoor space equipped for laundry requirements.
The valuation. The asking price of €215,000 is significantly below the fair value of €313,596, representing an undervaluation of €98,596 (31.4%). This offers an attractive opportunity for investors seeking value.
Fair value modelled at €313,596 from 6 comparable sales in the area. Asking €215,000 sits €98,596 (31.4%) below — the upside to fair value.
Asking €215,000 versus the Ermesinde, Valongo, Porto area baseline of €278,131 (€2,959/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 is above the parish average, lifting 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 €278,131, adjusted for condition and micro-location, gives a modelled fair value of €313,596 (€3,336/m²), a €98,596 (31.4%) gap versus the €215,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 8ee841 | Subject | €215,000 | €2,287 | — | 72 | 72 |
| Ermesinde · 00179a | Active | €250,000 | €3,165 | 38.4% | 72 | 69 |
| rua Manuel Ferreira Ribeiro, 8 | Active | €319,000 | €2,417 | 5.7% | 73 | 65 |
| travessa Santegãos | Active | €228,000 | €3,508 | 53.4% | 80 | 75 |
| travessa João Vieira | Active | €228,000 | €3,508 | 53.4% | 74 | 67 |
| Median comp | €239,000 | €3,337 | 45.9% | 74 | 68 |
Long-term rental The property in Ermesinde, with a fair value gap of 31.4%, presents a compelling opportunity for long-term rental investment, given its gross yield of 4.5%. With proximity to Porto's urban amenities and employment centers, it appeals to stable tenant demographics seeking quality housing. Buy-and-hold Investing in this subvalorizada apartment aligns with a buy-and-hold strategy as it is currently valued significantly below its fair market value at €313,596. This strategy allows investors to capitalize on potential future appreciation in the Greater Porto area while benefiting from steady rental income. Family rental Given its spacious layout and favorable neighborhood rating of 72/100, this 2-bed apartment is well-suited for family rentals, catering to those looking for a comfortable home. The appealing gross yield of 4.5% further solidifies its viability as a long-term investment in a family-oriented market.
Inconsistent Tenant Stability The tenant stability score of 68/100 suggests potential volatility in rental income, which could lead to higher turnover and increased costs associated with vacancy.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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