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, 3-bathroom house of 259 m², built in 2007, energy rating C. Located on rua da Lameira, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property boasts a closed garage equipped for electric vehicle charging and an entire master suite floor with a private terrace featuring a jacuzzi.**
The valuation. The asking price of €495,000 exceeds the fair value of €406,418 by €88,582 (21.8%). This property is considered overpriced in the current market conditions.
Fair value modelled at €406,418 from 5 comparable sales in the area. Asking €495,000 sits €88,582 (21.8%) above — overpriced versus fair value.
Asking €495,000 versus the rua da Lameira area baseline of €301,340 (€1,163/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 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 €301,340, adjusted for condition and micro-location, gives a modelled fair value of €406,418 (€1,569/m²), a €88,582 (21.8%) gap versus the €495,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Lameira | Subject | €495,000 | €1,911 | — | 78 | 68 |
| calçada Serra, 176 | Active | €499,000 | €1,569 | 17.9% | 80 | 72 |
| Nogueira e Silva Escura · 8750d4 | Active | €514,900 | €1,705 | 10.8% | 75 | 66 |
| rua Granja, 18 | Active | €366,500 | €1,437 | 24.8% | 72 | 70 |
| rua Jaime Cortesão, 125 | Active | €490,000 | €1,441 | 24.6% | 68 | 76 |
| Median comp | €494,500 | €1,505 | 21.3% | 74 | 71 |
Long-term rental The 3-bed house in Ermesinde is priced at €495,000, which is 21.8% higher than its fair value of €406,418. With a gross yield of only 3.3% and an overall condition score of 81/100, the property does not provide a compelling long-term rental investment opportunity. Family rental While the property offers a reasonable condition score and is located in a suburban area with basic amenities, the price of €495,000 significantly exceeds the fair value of €406,418. The 3.3% yield suggests that families looking for rental options may find better value elsewhere in the market despite the neighborhood's amenities. Buy-and-hold Given the price of €495,000 is notably above fair value at €406,418, the long-term appreciation potential is compromised. The combination of a low yield of 3.3% and a neighbourhood score of 68/100 indicates that holding this property may not yield the expected financial returns over time.
Potential Tenant Turnover The combined economic stability score of 60/100 and tenant stability score of 65/100 suggest a moderately risky environment where tenant turnover may be higher than average, impacting cash flow stability.
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