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 48 m², built in 1998. Located on rua do Pinheiro, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment uniquely offers a sizable 38 m² terrace for outdoor living and an unusually large 40 m² closed garage, enhancing both lifestyle and storage options.
The valuation. The asking price of €175,000 is significantly above the fair value of €139,200, reflecting an overpriced status of €35,800 (25.7%). This rate indicates a lack of market competitiveness, making it a less attractive investment option.
Fair value modelled at €139,200 from 6 comparable sales in the area. Asking €175,000 sits €35,800 (25.7%) above — overpriced versus fair value.
Asking €175,000 versus the rua do Pinheiro area baseline of €135,680 (€2,827/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €135,680, adjusted for condition and micro-location, gives a modelled fair value of €139,200 (€2,900/m²), a €35,800 (25.7%) gap versus the €175,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Pinheiro | Subject | €175,000 | €3,646 | — | 60 | 73 |
| Ermesinde · 8751ca | Active | €185,000 | €3,190 | 12.5% | 65 | 73 |
| Ermesinde · 00161e | Active | €210,000 | €2,800 | 23.2% | 55 | 76 |
| Ermesinde · 956a15 | Active | €220,000 | €2,391 | 34.4% | 70 | 71 |
| rua Índia Portuguesa | Active | €170,000 | €3,091 | 15.2% | 63 | 71 |
| Median comp | €197,500 | €2,946 | 19.2% | 64 | 72 |
Long-term rental The property is priced at €175,000, which represents a 25.7% premium over its fair value of €139,200, making it challenging to achieve market-competitive returns. With a gross yield of 4.9% and a neighborhood score of 73/100, the potential for solid rental income is overshadowed by its overpriced status. Buy-and-hold Investing in this 2-bed apartment at an inflated price of €175,000 may hinder long-term appreciation given its fair value of €139,200, which suggests the property has less room for capital growth. While the condition is decent at 63/100, the overpriced nature of the asset limits its attractiveness for a buy-and-hold strategy. Family rental Although the apartment offers a reasonable gross yield of 4.9% and is situated in a suburban area near Porto, its listing price of €175,000 is significantly above its fair value of €139,200. This premium could deter families looking for more affordable housing options, which in turn limits its viability as a family rental investment.
Market Volatility Risk With an economic stability score of 75 and a tenant stability score of 75, there is a potential risk of fluctuations in rental income, as both metrics indicate a moderate level of stability which could lead to challenges in maintaining consistent cash flow during economic downturns.
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