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 141 m² on the 1st floor, built in 1982, energy rating D. Located on rua Gago Coutinho, 84, Ermesinde parish, Valongo municipality, Porto district. This property boasts two private balconies, enhancing outdoor living space and offering views, and includes two closed garages for secure parking.
The valuation. The asking price of €305,000 is €23,299 (7.1%) lower than the estimated fair value of €328,299. Verdict: fair.
Fair value modelled at €328,299 from 6 comparable sales in the area. Asking €305,000 sits €23,299 (7.1%) below — the upside to fair value.
Asking €305,000 versus the rua Gago Coutinho, 84 area baseline of €259,235 (€1,839/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €259,235, adjusted for condition and micro-location, gives a modelled fair value of €328,299 (€2,328/m²), a €23,299 (7.1%) gap versus the €305,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Gago Coutinho, 84 | Subject | €305,000 | €2,163 | — | 80 | 66 |
| rua Padre Lourenço Ferreira da Silva, 32 | Active | €220,000 | €2,000 | 7.5% | 71 | 73 |
| rua de São Francisco Xavier | Active | €274,500 | €2,307 | 6.6% | 64 | 72 |
| Águas Santas · 1f3671 | Active | €297,500 | €2,479 | 14.6% | 70 | 74 |
| rua Central de Ardegães | Active | €275,000 | €2,391 | 10.5% | 75 | 72 |
| Median comp | €274,750 | €2,349 | 8.6% | 71 | 73 |
Long-term rental The 3-bed apartment in Ermesinde offers a gross yield of 3.7%, indicating a moderate profit potential for landlords. While the property is fairly priced at €305,000, the yield may not attract investors seeking higher returns in today's market. Family rental This apartment's spacious 141m² layout is well-suited for family renters, providing ample space and a solid condition score of 83/100. With a fair valuation of €305,000, the property is positioned reasonably but lacks standout features that could command higher rental rates. Buy-and-hold Investing in this apartment can be seen as a long-term hold, supported by the moderate condition and neighborhood ratings. Priced fairly at €305,000, it offers the potential to appreciate in value, yet the 7.1% gap from fair value signals limited immediate upside for investors. Not ideal for luxury market This property does not cater to the luxury market segment due to its overall condition and neighborhood metrics. Priced at €305,000, it fails to meet the aesthetic and quality standards typically sought in luxury investments. Not ideal for short-term vacation rental The property’s suburban location in Greater Porto and its 66/100 neighborhood score make it less attractive for short-term vacation rentals. At a fair price of €305,000, it lacks the necessary appeal and amenities to compete in this market.
Tenant turnover risk The tenant stability score of 60/100 indicates a moderate likelihood of tenant turnover, potentially leading to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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