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 131 m² on the 3rd floor, built in 2016, energy rating A. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts a generous 16.8 m² balcony for outdoor relaxation, alongside a private 2.8 m² balcony in the master suite for added exclusivity.
The valuation. The asking price of €274,000 is significantly lower than the fair value of €309,975, making it underpriced by €35,975 (11.6%). This presents a strong initial opportunity for potential investors.
Fair value modelled at €309,975 from 6 comparable sales in the area. Asking €274,000 sits €35,975 (11.6%) below — the upside to fair value.
Asking €274,000 versus the Ermesinde, Valongo, Porto area baseline of €259,177 (€1,978/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 €259,177, adjusted for condition and micro-location, gives a modelled fair value of €309,975 (€2,366/m²), a €35,975 (11.6%) gap versus the €274,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 89e6a8 | Subject | €274,000 | €2,092 | — | 75 | 72 |
| rua Juncal, 256 | Active | €299,000 | €2,199 | 5.1% | 80 | 77 |
| travessa da Restauração, 22 | Active | €330,000 | €2,245 | 7.3% | 72 | 62 |
| rua do Carvalhal, 130-2º | Active | €276,500 | €2,491 | 19.1% | 72 | 72 |
| Águas Santas · 653023 | Active | €320,000 | €2,560 | 22.4% | 75 | 69 |
| Median comp | €309,500 | €2,368 | 13.2% | 74 | 71 |
Long-term rental The 2-bed apartment in Ermesinde is a promising opportunity for long-term rental due to its underpriced status, with a fair value of €309,975 compared to the listing price of €274,000, reflecting an 11.6% gap. The gross yield of 3.7% suggests a stable income potential, supported by the apartment's decent condition rating of 78/100 in a safe suburban neighborhood. Family rental This property is well-positioned for family rental, as it is substantially underpriced at €274,000 against a fair value of €309,975, indicating a strong investment opportunity for residential tenants. With a neighborhood score of 72/100 and ample space at 131m², the apartment can comfortably accommodate families seeking a good quality home in suburban Porto. Buy-and-hold Investing in this Ermesinde apartment presents an attractive buy-and-hold opportunity, with the current listing price being underpriced at €274,000 relative to its fair value of €309,975. The solid gross yield of 3.7% and the apartment's above-average condition rating align with a strategy focused on long-term capital appreciation in a stable suburban area.
Tenant turnover risk The tenant stability score of 60/100 indicates a potential for higher tenant turnover, which could disrupt cash flow and increase vacancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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