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, 1-bathroom apartment of 133 m² on the 5th floor, built in 2001, energy rating D. Located on parque Vale do Leça, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts an intelligent layout with contemporary design elements, including granite and wood finishes, air conditioning, and balconies offering panoramic views of the surrounding area.
The valuation. The property is listed at €290,000, which is slightly above its fair value of €289,411 by €589 (0.2%). This places the apartment at a fair price point for potential buyers. Buy-to-flip angle. With a potential for moderate appreciation due to the suburban location, a quick resale strategy could yield profits through minor renovations and targeted marketing. Expect competitive pricing in a growing market. Buy-to-let angle. The estimated rental income of €967 per month presents a gross yield of 4%, making this an attractive buy-and-hold investment for long-term stable returns. Family rentals are particularly viable given the neighborhood's characteristics.
Fair value modelled at €289,411 from 6 comparable sales in the area. Asking €290,000 sits €589 (0.2%) above — overpriced versus fair value.
Asking €290,000 versus the parque Vale do Leça area baseline of €242,909 (€1,826/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €242,909, adjusted for condition and micro-location, gives a modelled fair value of €289,411 (€2,176/m²), a €589 (0.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque Vale do Leça | Subject | €290,000 | €2,180 | — | 75 | 71 |
| Águas Santas · f10a43 | Active | €265,000 | €2,409 | 10.5% | 74 | 71 |
| estrada Dom Miguel | Active | €242,900 | €2,058 | 5.6% | 74 | 71 |
| rua Doutor Mário Cal Brandão | Active | €299,000 | €2,431 | 11.5% | 78 | 72 |
| avenida João de Deus | Active | €285,000 | €1,993 | 8.6% | 72 | 68 |
| Median comp | €275,000 | €2,234 | 2.4% | 74 | 71 |
Long-term rental The property in Ermesinde, Valongo offers a fair yield of 4% gross, in line with the fair value of €289,411. Given its suburban characteristics and adequate condition rating of 78/100, it can attract stable, long-term tenants seeking accessible housing in Greater Porto. Family rental With a neighbourhood score of 71/100, this apartment is well-positioned to cater to families looking for a comfortable and spacious living environment in a suburban setting. The fair value of €289,411 indicates that it can serve as a viable family rental option without being overpriced, ensuring a steady demand from potential renters. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns with its fair valuation and solid yield potential of 4% gross. The apartment's attractive suburban location and good condition make it a reasonable choice for long-term investment without the pressures of an inflated price. Not ideal for short-term vacation rental The property is not well-suited for the short-term vacation rental market due to its suburban location and fair value status, which limits potential premium pricing typically desired in tourist areas. The 4% gross yield may not meet the higher revenue expectations associated with such investment strategies. Not ideal for student housing Given its suburban setting and the property’s fair value positioning, it does not present the appeal or flexibility that students often look for in housing options. The neighbourhood score of 71/100 relies more on family-oriented dynamics rather than student demographics, making it less favorable for this segment. Not ideal for luxury market This apartment does not match the luxury market criteria, as indicated by its fair value and condition score of 78/100. The property is positioned to attract middle-market tenants rather than affluent individuals seeking high-end living conditions.
Economic Vulnerability: With an economic stability score of 65/100, there is a moderate risk that economic downturns could impact rental demand and tenant retention.
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