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 134 m² on the 3rd floor, built in 1999, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment boasts two balconies, enhancing natural light and outdoor living, while the presence of a sunroom adds versatile space for laundry or relaxation.
The valuation. The asking price of €189,000 is slightly above the fair value of €181,492, representing a difference of €7,508 (4.1%). This places the property in a fair pricing category.
Fair value modelled at €181,492 from 6 comparable sales in the area. Asking €189,000 sits €7,508 (4.1%) above — overpriced versus fair value.
Asking €189,000 versus the Ermesinde, Valongo, Porto area baseline of €206,198 (€1,539/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 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 €206,198, adjusted for condition and micro-location, gives a modelled fair value of €181,492 (€1,354/m²), a €7,508 (4.1%) gap versus the €189,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 1f36ec | Subject | €189,000 | €1,410 | — | 50 | 68 |
| Ermesinde · cfe292 | Active | €123,500 | €1,211 | 14.2% | — | 71 |
| rua Ermesinde, 225 | Active | €285,000 | €1,900 | 34.7% | 68 | 70 |
| Ermesinde · e40b0f | Active | €127,500 | €1,356 | 3.8% | 55 | 73 |
| rua Calouste Gulbenkian, 174 | Active | €165,000 | €1,352 | 4.1% | — | 69 |
| Median comp | €146,250 | €1,354 | 4.0% | 62 | 71 |
Long-term rental This property offers a gross yield of 6.1%, which is competitive within the Greater Porto region, suggesting it can provide stable returns through long-term leasing. Given its fair value assessment, the property's pricing aligns reasonably with market conditions, making it a valid option for consistent rental income. Buy-and-hold With a current listing price of €189,000 and a fair value of €181,492, this property reflects a modest 4.1% gap and positions itself as a stable investment in a growing area. Its decent condition score of 52/100 and neighborhood rating of 68/100 further support its potential for steady appreciation over time. Family rental The spacious 134m² layout and reasonable proximity to amenities make this property a suitable choice for family rentals, catering to a demographic seeking comfort and accessibility. Despite the fair valuation, its attractive yield provides an opportunity for landlords to capitalize on the demand for family-oriented housing in suburban settings.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk, suggesting potential fluctuations that could affect tenant demand or rental rates.
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