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 125 m², built in 2001, energy rating C. Located on rua José Joaquim Ribeiro Teles, 385, Ermesinde parish, Valongo municipality, Porto district. Elevated location offers excellent panoramic views, while the independent garage space adds convenience in a central area with access to essential services.
The valuation. The asking price of €325,000 is significantly above the fair value of €266,618, presenting an inflated premium of €58,382 (21.9%). This property is therefore considered overpriced and may not represent a wise investment decision.
Fair value modelled at €266,618 from 6 comparable sales in the area. Asking €325,000 sits €58,382 (21.9%) above — overpriced versus fair value.
Asking €325,000 versus the rua José Joaquim Ribeiro Teles, 385 area baseline of €255,441 (€2,044/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 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 €255,441, adjusted for condition and micro-location, gives a modelled fair value of €266,618 (€2,133/m²), a €58,382 (21.9%) gap versus the €325,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua José Joaquim Ribeiro Teles, 385 | Subject | €325,000 | €2,600 | — | 61 | 74 |
| rua Doutor Joaquim Nogueira dos Santos | Active | €297,000 | €2,168 | 16.6% | 68 | 64 |
| Pedrouços · 25f8e0 | Active | €295,000 | €2,138 | 17.8% | 65 | 70 |
| rua Calouste Gulbenkian, 152 | Active | €198,000 | €2,106 | 19.0% | — | 74 |
| rua Ilha de Moçambique, 160 | Active | €249,000 | €2,128 | 18.1% | 70 | 72 |
| Median comp | €272,000 | €2,133 | 18.0% | 68 | 71 |
Long-term rental The property is priced at €325,000, which is significantly above its fair value of €266,618, indicating that it is overpriced. With a gross yield of 3.3% and a moderate neighborhood rating of 74/100, this investment lacks the potential for strong long-term returns. Family rental At a listing price of €325,000, the property presents a 21.9% gap versus its fair value, reinforcing that it is overpriced. While the area provides suburban amenities, the current yield of 3.3% may not sufficiently attract families looking for economic value. Buy-and-hold Given the listing price of €325,000 compared to the fair value of €266,618, this property can be categorized as overpriced, which could impact long-term appreciation. Despite the decent neighborhood score of 74/100, the uninspiring yield of 3.3% raises concerns about its viability as a long-term hold investment.
Tenant turnover risk The tenant stability score of 68/100 suggests a potential for higher tenant turnover, which could lead to increased vacancy rates and costs associated with re-leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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