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 110 m², built in 1993, energy rating D. Located on rua Padre Lourenço Ferreira da Silva, 32, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment offers a contemporary design with a spacious living area that includes a balcony, enhancing both light and outdoor access, and features two autonomous fractions for added flexibility. Location: Situated just 800 meters from the Palmilheira / Águas Santas train stop and 1,600 meters from the A4 motorway entrance, ensuring convenient transportation options.
The valuation. The asking price of €220,000 sits €20,572 (10.3%) above the fair value of €199,428, marking it as fairly priced relative to market expectations. This suggests that potential buyers may not see immediate gains in equity.
Fair value modelled at €199,428 from 6 comparable sales in the area. Asking €220,000 sits €20,572 (10.3%) above — overpriced versus fair value.
Asking €220,000 versus the rua Padre Lourenço Ferreira da Silva, 32 area baseline of €167,661 (€1,524/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €167,661, adjusted for condition and micro-location, gives a modelled fair value of €199,428 (€1,813/m²), a €20,572 (10.3%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Lourenço Ferreira da Silva, 32 | Subject | €220,000 | €2,000 | — | 71 | 73 |
| rua de São Francisco Xavier | Active | €274,500 | €2,307 | 15.3% | 64 | 72 |
| Ermesinde · e40b16 | Active | €147,000 | €1,729 | 13.5% | 65 | 73 |
| Baguim do Monte (Rio Tinto) · 1f36cd | Active | €275,000 | €1,897 | 5.2% | 75 | 66 |
| Águas Santas · 1f3671 | Active | €297,500 | €2,479 | 24.0% | 70 | 74 |
| Median comp | €274,750 | €2,102 | 5.1% | 68 | 73 |
Long-term rental The property in Ermesinde offers a gross yield of 5.6%, aligning with typical suburban returns in the Greater Porto area. With a fair value of €199,428, the current listing price at €220,000 reflects a 10.3% premium, making it a fair investment for long-term rental prospects. Family rental With a solid condition rating of 74/100 and a neighbourhood score of 73/100, this apartment is well-suited for family rentals in a suburban setting. Despite being listed for €220,000, which is 10.3% above fair value, it remains a viable option for families seeking comfort and accessibility near urban Porto. Buy-and-hold With the listing price of €220,000 being 10.3% higher than its fair value, it’s essential to consider the future market dynamics before committing to a buy-and-hold strategy. The combination of decent yields and stable suburb conditions suggests a steady long-term investment, yet the premium price warrants careful evaluation before purchase.
Economic downturn risk With an economic stability score of 70, the property may be more susceptible to fluctuations in the market that could impact rental income, potentially leading to decreased tenant retention.
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