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 108 m² on the 8th floor, energy rating C. Located on rua Joaquim Lagoa, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment's unobstructed views from the top floor benefit from triple solar exposure, enhancing both the aesthetic appeal and energy efficiency in natural lighting throughout the day.
The valuation. The asking price of €275,000 is slightly above the fair value of €254,792, indicating a difference of €20,208 or 7.9%. This positions the property at a fair valuation. Buy-to-flip angle. Given the high-quality finishes and the overall aesthetic appeal, the resale strategy could focus on attracting families looking for move-in-ready properties, aiming to capitalize on suburban demand. Buy-to-let angle. With a gross yield of 4.5%, the rental income strategy targets families in the area, projecting an estimated monthly income of €1,031, making it an attractive buy-and-hold opportunity in Greater Porto.
Fair value modelled at €254,792 from 6 comparable sales in the area. Asking €275,000 sits €20,208 (7.9%) above — overpriced versus fair value.
Asking €275,000 versus the rua Joaquim Lagoa area baseline of €220,048 (€2,037/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €220,048, adjusted for condition and micro-location, gives a modelled fair value of €254,792 (€2,359/m²), a €20,208 (7.9%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Lagoa | Subject | €275,000 | €2,546 | — | 72 | 76 |
| praceta Costa | Active | €300,000 | €2,013 | 20.9% | 78 | 70 |
| rua Comércio do Porto, 34 | Active | €290,000 | €2,320 | 8.9% | 73 | 77 |
| rua Aquilino Ribeiro | Active | €350,000 | €2,612 | 2.6% | 72 | 66 |
| Alfena · f46c18 | Active | €327,500 | €2,444 | 4.0% | 72 | 75 |
| Median comp | €313,750 | €2,382 | 6.5% | 73 | 73 |
Long-term rental This 3-bed apartment in Ermesinde offers a gross yield of 4.5%, which provides a reasonable return for long-term rental investors. While the fair value is slightly below the listing price, the property remains a stable choice for attracting long-term tenants in the Greater Porto suburban region. Family rental With its 108m² size and 3 bedrooms, this apartment is well-suited for families, providing ample space in a neighborhood with adequate amenities and a decent tenant quality rating of 76/100. Although the property is fairly priced at €275,000, it can meet the needs of families seeking a comfortable home in a suburban setting. Buy-and-hold The apartment's condition score of 76/100 indicates that it is in good shape, making it a viable candidate for a buy-and-hold strategy for investors. Although it is at fair value, holding this property in the growing Ermesinde area can provide potential appreciation over time, supported by the ongoing development in Greater Porto. Short-term rental This property is not ideal for a short-term rental strategy due to its location in a suburban area where demand for such rentals may be limited. The current price reflects the fair market value, yet the property lacks the appeal often sought after for short-term leases. Luxury market Entering the luxury market with this 3-bed apartment may prove challenging as it does not meet the criteria typically desired in high-end properties. Its fair valuation suggests it caters more towards the mid-range and family segments rather than affluent buyers looking for premium offerings in the region.
Tenant turnover risk The tenant stability score of 78/100 indicates a moderate risk of turnover, which could affect cash flow and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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