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, 1-bathroom house of 77 m². Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This property includes a pantry for additional storage and is conveniently located within walking distance to public transport links, enhancing accessibility for commuters.
The valuation. The asking price of €174,500 sits €40,422 (30.1%) above the estimated fair value of €134,078. This marks the property as overpriced, indicating a lack of immediate equity potential for investors.
Fair value modelled at €134,078 from 6 comparable sales in the area. Asking €174,500 sits €40,422 (30.1%) above — overpriced versus fair value.
Asking €174,500 versus the Ermesinde, Valongo, Porto area baseline of €157,388 (€2,044/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 40/100 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 €157,388, adjusted for condition and micro-location, gives a modelled fair value of €134,078 (€1,741/m²), a €40,422 (30.1%) gap versus the €174,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 5da1c4 | Subject | €174,500 | €2,266 | — | 37 | 73 |
| rua Dona Amélia Moutinho Alves, 81 | Active | €149,000 | €1,733 | 23.5% | 28 | 74 |
| Ermesinde · b32b0f | Active | €169,000 | €2,012 | 11.2% | 42 | 70 |
| Alfena · b453c7 | Active | €350,000 | €1,750 | 22.8% | 60 | 68 |
| Ermesinde · e40b29 | Active | €160,000 | €865 | 61.8% | 35 | 73 |
| Median comp | €164,500 | €1,742 | 23.2% | 39 | 72 |
Long-term rental The property's gross yield of 7.2% is appealing, yet its value is significantly above the fair market price, making it an overpriced option for investors. The condition score of 40/100 indicates that additional expenditures may be needed, further diminishing its attractiveness for sustained rental income. Family rental This 3-bed house could attract families looking for space near Porto, but its pricing is 30.1% above fair value, complicating any long-term financial viability. Additionally, the neighborhood rating of 73/100 provides decent amenities, but combined with the property's condition, it suggests higher risks for family tenants. Buy-and-hold Although the location has favorable urban characteristics, the property is overpriced at €174,500, which undermines the buy-and-hold investment strategy. A fair value of €134,078 indicates that the asset may not appreciate as expected, leading to potential losses over time.
Economic Dependence Risk The property's economic stability score of 75 suggests a moderate level of resilience, but the tenant stability score of 65 indicates a higher likelihood of tenant turnover and potential income volatility.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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