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 house of 100 m², built in 1975. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a closed garage and a garden space, providing potential for outdoor enhancements and private parking in a well-connected area.
The valuation. The asking price of €335,000 is significantly above the fair value of €297,422, reflecting an overpricing of €37,578 (12.6%). This makes the property less attractive for immediate investment. Buy-to-flip angle. With renovations needed, specifically in the kitchen, a buy-to-flip strategy could involve updating the spaces to enhance aesthetic appeal and market value, ideally targeting a resale above €335,000. Buy-to-let angle. The estimated rental income of €1,172/month translates to a gross yield of 4.2%, making it a viable option for long-term rental. Given the mixed neighborhood rating, securing family tenants could stabilize returns over time.
Fair value modelled at €297,422 from 6 comparable sales in the area. Asking €335,000 sits €37,578 (12.6%) above — overpriced versus fair value.
Asking €335,000 versus the Ermesinde, Valongo, Porto area baseline of €302,936 (€3,029/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 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 €302,936, adjusted for condition and micro-location, gives a modelled fair value of €297,422 (€2,974/m²), a €37,578 (12.6%) gap versus the €335,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 15e39a | Subject | €335,000 | €3,350 | — | 54 | 73 |
| Águas Santas · f14d83 | Active | €359,900 | €3,213 | 4.1% | 58 | 75 |
| Rio Tinto · 0dcc71 | Active | €369,000 | €3,265 | 2.5% | — | 75 |
| Baguim do Monte (Rio Tinto) · 25f4f1 | Active | €415,000 | €2,485 | 25.8% | 63 | 68 |
| rua Padre Lourenço Ferreira da Silva, 86 | Active | €300,000 | €2,344 | 30.0% | 43 | 72 |
| Median comp | €364,450 | €2,849 | 15.0% | 58 | 74 |
Long-term rental With a gross yield of 4.2%, the current pricing of €335,000 significantly exceeds its fair value of €297,422, indicating the property is overpriced. This heightened entry cost could limit profitability and tenant demand in a moderately rated neighborhood. Family rental Although the house is situated in a neighborhood with a decent score of 73/100, its listing price represents a 12.6% premium over fair value, categorizing it as overpriced. Families may be deterred by both the financial commitment and the property’s average condition rating of 57/100. Buy-and-hold With the property priced at €335,000 against a fair value of €297,422, the buy-and-hold strategy appears less attractive due to its overpriced status. Investors may face challenges in capital appreciation and rental income that meets their expectations in this market.
Tenant turnover risk A Tenant stability score of 70/100 suggests potential instability in rental occupancy, which can lead to increased vacancy rates and fluctuating rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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