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.
3-bedroom, 3-bathroom apartment of 154 m² on the 3rd floor, built in 1998, energy rating C. Located on rua do Pinheiro S / N, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment features a spacious living room complete with a cozy fireplace and a west-facing balcony, providing ample natural light and a pleasant outdoor space.
The valuation. The asking price of €310,000 sits just slightly above the fair value of €309,034, a difference of €966 (0.3%). Overall, this property can be considered fairly valued based on current market conditions.
Fair value modelled at €309,034 from 6 comparable sales in the area. Asking €310,000 sits €966 (0.3%) above — overpriced versus fair value.
Asking €310,000 versus the rua do Pinheiro S / N area baseline of €265,154 (€1,722/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €265,154, adjusted for condition and micro-location, gives a modelled fair value of €309,034 (€2,007/m²), a €966 (0.3%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pinheiro S / N | Subject | €310,000 | €2,013 | — | 75 | 78 |
| Ermesinde · 911243 | Active | €299,000 | €1,942 | 3.5% | 72 | 82 |
| Águas Santas · 1f3671 | Active | €297,500 | €2,479 | 23.2% | 70 | 74 |
| rua Central do Barreiro | Active | €310,000 | €1,962 | 2.5% | 72 | 74 |
| praceta Costa | Active | €300,000 | €2,013 | 0% | 78 | 70 |
| Median comp | €299,500 | €1,988 | 1.3% | 72 | 74 |
Long-term rental The apartment in Ermesinde presents a competitive gross yield of 4.4%, aligning well with rental market expectations in the area. Given its fair valuation of €310,000, it represents a steady opportunity for long-term tenancy without the risk of overexposure in rental pricing. Family rental This property is well-suited for family rental given its size of 154m² and the decent condition rating of 78/100. As it is fairly priced, it provides an attractive living space for families wishing to settle in the suburban context of Greater Porto. Buy-and-hold Investing in this apartment as a buy-and-hold strategy may yield stable income, thanks to its fair market value and a solid gross yield. The growing suburban characteristics of Ermesinde support the potential for steady appreciation, although caution is suggested due to its fair valuation. Not ideal for luxury market While the apartment is appealing, its attributes do not align with luxury market expectations, particularly when factoring in its condition and surroundings. Thus, it may fail to attract high-end clientele, making it less than ideal for such positioning. Not ideal for short-term vacation rental Due to its suburban location and fair market valuation, the apartment is not suited for short-term vacation rentals, which typically require higher returns to justify investment. The current features and yield do not align with the demands of the short-term rental market. Not ideal for student housing The property is also not positioned well for student housing; its larger size and pricing point may deter typical student demographics seeking more affordable or smaller accommodations. Additionally, its fair value suggests limited margin for the fluctuating nature of student rental dynamics.
Tenant turnover risk High tenant turnover may occur due to the tenant stability score of 75/100, indicating potential difficulty in maintaining consistent occupancy rates. The economic stability score of 80/100 supports a reasonably stable environment, but if tenant demand fluctuates, it may impact cash flow negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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