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.
2-bedroom, 2-bathroom house of 109 m², built in 1951, energy rating F. Located on rua Elias Garcia, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a garden with significant potential for outdoor development and offers a unique opportunity for versatile investment configurations under a rehabilitation project study.
The valuation. The asking price of €262,900 is €22,253 (9.2%) above the fair value of €240,647. This indicates that the property is priced fairly considering its condition and location.
Fair value modelled at €240,647 from 6 comparable sales in the area. Asking €262,900 sits €22,253 (9.2%) above — overpriced versus fair value.
Asking €262,900 versus the rua Elias Garcia area baseline of €269,275 (€2,470/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 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 €269,275, adjusted for condition and micro-location, gives a modelled fair value of €240,647 (€2,208/m²), a €22,253 (9.2%) gap versus the €262,900 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Elias Garcia | Subject | €262,900 | €2,412 | — | 38 | 74 |
| Ermesinde · b3275b | Active | €230,000 | €1,855 | 23.1% | 30 | 68 |
| Alfena · b7c188 | Active | €220,000 | €2,316 | 4.0% | 40 | 74 |
| Ermesinde · 4a7e41 | Active | €350,000 | €2,734 | 13.4% | 62 | 57 |
| São Pedro Fins · dee413 | Active | €125,000 | €1,250 | 48.2% | — | 75 |
| Median comp | €225,000 | €2,086 | 13.5% | 40 | 71 |
Family rental The property provides a decent yield of 3.2% gross, making it a reasonable choice for family rentals in a suburban context typical of the Porto metro area. With the neighbourhood rating at 74/100, it offers families access to necessary amenities while providing a comfortable living environment. Long-term rental Given its fair valuation and stable neighbourhood, this property could serve as a solid long-term rental investment despite the moderate condition score of 45/100. The proximity to Porto's amenities further enhances its rental appeal to long-term tenants seeking affordability and convenience. Buy-and-hold As a buy-and-hold investment, this property holds potential for moderate appreciation in a well-regarded neighbourhood, although it is currently fairly priced. Investors may appreciate the location's connection to Porto, which supports long-term market stability.
Economic Sensitivity Risk: With both economic and tenant stability scores at 75/100, the property may face challenges during economic downturns, leading to a higher risk of tenant turnover and potential vacancy 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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