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, 2-bathroom apartment of 92 m², built in 1993, energy rating C. Located on praceta Maria Luísa Canavarro, Ermesinde parish, Valongo municipality, Porto district. This apartment features a heat recovery system, enhancing energy efficiency while providing a comfortable living environment throughout the year.
The valuation. The asking price of €274,900 is significantly above the fair value of €244,168, representing an overpriced situation by €30,732 (12.6%). This may deter potential buyers seeking value for money.
Fair value modelled at €244,168 from 6 comparable sales in the area. Asking €274,900 sits €30,732 (12.6%) above — overpriced versus fair value.
Asking €274,900 versus the praceta Maria Luísa Canavarro area baseline of €202,926 (€2,206/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €202,926, adjusted for condition and micro-location, gives a modelled fair value of €244,168 (€2,654/m²), a €30,732 (12.6%) gap versus the €274,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| praceta Maria Luísa Canavarro | Subject | €274,900 | €2,988 | — | 75 | 72 |
| rua dos Moutidos, 233 | Active | €345,000 | €2,464 | 17.5% | 74 | 70 |
| estrada Nova | Active | €309,000 | €2,687 | 10.1% | 74 | 75 |
| Águas Santas · 6eb8ec | Active | €315,000 | €2,299 | 23.1% | 72 | 75 |
| Ermesinde · 90d912 | Active | €319,000 | €2,703 | 9.5% | 72 | 74 |
| Median comp | €317,000 | €2,576 | 13.8% | 73 | 75 |
Long-term rental The property in Ermesinde is priced at €274,900, which is 12.6% above its fair value of €244,168, indicating that it is overpriced. This gap, combined with a gross yield of 4.2%, suggests that pursuing a long-term rental strategy may not generate the expected returns relative to the investment made. Family rental Although the property offers appeal to families with a solid condition score of 81/100 and proximity to amenities, the listing price exceeds fair value by 12.6%. As a family rental, the anticipated cash flows may fall short of justifying the investment due to its overall overpriced status. Buy-and-hold With a listing price of €274,900 against a fair value of €244,168, the property is currently overpriced by 12.6%, posing challenges for long-term capital appreciation. Investors considering a buy-and-hold strategy might find that the premium paid does not align with expected future market conditions. Not ideal for Short-term vacation rental and Luxury market
Tenant turnover risk The tenant stability score of 68 out of 100 indicates a moderate risk of tenant turnover, which could lead to increased vacancy and costs associated with finding new 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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