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 house of 202 m², built in 1967, energy rating E. Located Ermesinde parish, Valongo municipality, Porto district. Investment Potential: This property features separate entrances for each floor, enhancing privacy while offering versatile living arrangements or rental opportunities for multiple families. Outdoor Space: The property includes attachments that can be transformed into functional outdoor spaces, boosting its value.
The valuation. The asking price of €374,000 is significantly above its fair value of €204,768, marking it €169,232 (82.6%) overpriced. The property does not represent a sound investment at this price point.
Fair value modelled at €204,768 from 6 comparable sales in the area. Asking €374,000 sits €169,232 (82.6%) above — overpriced versus fair value.
Asking €374,000 versus the Ermesinde, Valongo, Porto area baseline of €225,133 (€1,115/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 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 €225,133, adjusted for condition and micro-location, gives a modelled fair value of €204,768 (€1,014/m²), a €169,232 (82.6%) gap versus the €374,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · f14d05 | Subject | €374,000 | €1,851 | — | 58 | 71 |
| Ermesinde · e40b29 | Active | €160,000 | €865 | 53.3% | 35 | 73 |
| Ermesinde · f35fc8 | Active | €315,000 | €383 | 79.3% | 70 | 73 |
| Rio Tinto · 653000 | Active | €245,000 | €1,324 | 28.5% | 65 | 71 |
| Ermesinde · f35d4a | Active | €315,000 | €383 | 79.3% | 65 | 76 |
| Median comp | €280,000 | €624 | 66.3% | 65 | 73 |
Long-term rental This property in Ermesinde has a notable gap of 82.6% compared to its fair value, suggesting it's overpriced for long-term rental potential. With a gross yield of 4.4%, the expected returns do not justify the high listing price in a suburban area with a fair condition rating of 54/100. Family rental While the property offers good access to schools and is located in a low-crime suburban area near Porto, its current price of €374,000 is significantly higher than the fair value of €204,768, making it overpriced for family rentals. Families may find better options in the neighborhood given the limited yield and condition of the property. Buy-and-hold The current valuation of €374,000 presents a challenge for buy-and-hold investors due to its excessive pricing above the fair value by 82.6%. Although the neighborhood benefits from proximity to Porto’s economic activity, the property’s gross yield of 4.4% does not support its inflated price. Not ideal for Short-term vacation rental, Student housing
Economic and Tenant Instability Risk With both economic and tenant stability scores at 70/100, there is a risk of fluctuating income due to potential economic downturns or tenant turnover, which could impact cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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