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 apartment of 152 m², built in 2013. Located Ermesinde parish, Valongo municipality, Porto district. This property boasts a private patio and a well-designed open space that enhances its livability with excellent solar exposure from three facades.
The valuation. The asking price of €370,000 is just €2,286 (0.6%) above the fair value of €367,714. This property is priced at a fair valuation, making it a reasonable investment opportunity in the current market.
Fair value modelled at €367,714 from 6 comparable sales in the area. Asking €370,000 sits €2,286 (0.6%) above — overpriced versus fair value.
Asking €370,000 versus the Ermesinde, Valongo, Porto area baseline of €294,256 (€1,936/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 €294,256, adjusted for condition and micro-location, gives a modelled fair value of €367,714 (€2,419/m²), a €2,286 (0.6%) gap versus the €370,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 80011c | Subject | €370,000 | €2,434 | — | 78 | 69 |
| Ermesinde · 6d518f | Active | €329,000 | €2,350 | 3.5% | 75 | 73 |
| estrada Nova | Active | €255,000 | €2,898 | 19.0% | 77 | 72 |
| Alfena · f46c18 | Active | €327,500 | €2,444 | 0.4% | 72 | 75 |
| praceta Costa | Active | €300,000 | €2,013 | 17.3% | 78 | 70 |
| Median comp | €313,750 | €2,397 | 1.5% | 76 | 73 |
Long-term rental This property is fairly priced, showing a minimal gap of 0.6% from its fair value of €367,714. With a gross yield of 3.8%, it can provide a stable income for long-term rental investors in a suburban context. Family rental The property is well-suited for families, and its condition score of 81/100 indicates that it is in good shape to accommodate tenants. Given its location in a suburban area near Porto, it appeals to families looking for comfortable living spaces with adequate amenities. Buy-and-hold As a buy-and-hold investment, this apartment is fairly priced and offers a decent yield, making it a stable asset for long-term investment strategies. Its neighborhood and property condition are conducive to maintaining value over time, providing expected stability for investors. Short-term vacation rental This property is not ideal for short-term vacation rental due to its suburban location and relatively low neighborhood score of 69/100, which may deter vacation renters. The local dynamics do not support high demand that is typically found in tourist hotspots. Luxury market Given that this property is fairly valued and is located in a suburban area, it does not fit well into the luxury market segment. The characteristics and amenities required for luxury rentals are not prominent in this offering.
Economic and tenant stability risk The property has relatively low scores of 65/100 in both economic and tenant stability, indicating potential volatility in rental income and property value.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
