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 113 m² on the 3rd floor, built in 1998, energy rating B. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: Located just 150 meters from A4 access, the property also benefits from proximity to a well-designed green space with a dog park for leisure and exercise.
The valuation. The asking price of €270,000 is €18,354 (7.3%) above the fair value of €251,646. As such, the property is considered to be fairly priced as it aligns closely with the market's valuation.
Fair value modelled at €251,646 from 6 comparable sales in the area. Asking €270,000 sits €18,354 (7.3%) above — overpriced versus fair value.
Asking €270,000 versus the Ermesinde, Valongo, Porto area baseline of €239,666 (€2,121/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €239,666, adjusted for condition and micro-location, gives a modelled fair value of €251,646 (€2,227/m²), a €18,354 (7.3%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 1f34d8 | Subject | €270,000 | €2,389 | — | 70 | 72 |
| rua do Carvalhal, 130-2º | Active | €276,500 | €2,491 | 4.3% | 72 | 72 |
| travessa Maria Luisa Almeida Matos, 56 | Active | €265,000 | €2,366 | 1.0% | 72 | 75 |
| Ermesinde · e40b03 | Active | €195,000 | €1,773 | 25.8% | — | 68 |
| travessa da Restauração, 22 | Active | €330,000 | €2,245 | 6.0% | 72 | 62 |
| Median comp | €270,750 | €2,306 | 3.5% | 72 | 70 |
Long-term rental With a gross yield of 3.7%, this 2-bed apartment in Ermesinde presents a steady return, aligning with local rental market expectations. The property is currently priced at €270,000, reflecting fair value conditions amid its 7.3% premium over the calculated fair value. Family rental Suitable for family rental due to the neighborhood's score of 72/100 and proximity to amenities in Porto, this apartment offers an attractive living environment. However, its fair pricing suggests limited room for capital appreciation in the near term, indicating a cautious investment perspective. Buy-and-hold Investing in this property for a buy-and-hold strategy is reasonable, given its reasonably stable valuation against local market norms. The 7.3% gap from the fair value suggests that while the property is stable, it may not present substantial upside potential in the future.
Economic vulnerability The economic stability score of 72 indicates potential susceptibility to economic downturns, which could affect tenant stability with a score of 68, raising concerns about timely rent payments.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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