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, 2-bathroom apartment of 151 m², built in 2001, energy rating C. Located on rua Ermesinde, 4, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a versatile box garage with space for four vehicles, allowing potential transformation into an office or leisure area connected directly to the apartment.
The valuation. The asking price of €339,500 is positioned €31,649 (10.3%) above the fair value of €307,851, indicating that the property aligns closely with market expectations while reflecting a reasonable investment opportunity. Buy-to-flip angle. The resale strategy focuses on potential renovations to achieve a higher value, as the apartment is in good condition but may attract buyers looking for modern updates in this desirable area. Buy-to-let angle. The rental income strategy aims for a gross yield of 3.6% with estimated monthly rent of €1,019, appealing to potential long-term tenants in this economically active neighborhood of Greater Porto.
Fair value modelled at €307,851 from 6 comparable sales in the area. Asking €339,500 sits €31,649 (10.3%) above — overpriced versus fair value.
Asking €339,500 versus the rua Ermesinde, 4 area baseline of €248,740 (€1,647/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 €248,740, adjusted for condition and micro-location, gives a modelled fair value of €307,851 (€2,039/m²), a €31,649 (10.3%) gap versus the €339,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ermesinde, 4 | Subject | €339,500 | €2,248 | — | 73 | 72 |
| rua Adelino Amaro da Costa | Active | €320,000 | €2,065 | 8.2% | 70 | 71 |
| avenida e Talho Dom Barrosão | Active | €296,000 | €2,313 | 2.9% | 70 | 70 |
| Águas Santas · f10a43 | Active | €265,000 | €2,409 | 7.1% | 74 | 71 |
| rua do Pinheiro S / N | Active | €310,000 | €2,013 | 10.5% | 75 | 78 |
| Median comp | €303,000 | €2,189 | 2.6% | 72 | 71 |
Long-term rental The property in Ermesinde offers a gross yield of 3.6%, which is competitive given the area's stable demand for long-term tenants. While priced fairly, its yield suggests that investors should expect modest returns relative to their capital outlay. Family rental With a size of 151m², this 3-bed apartment meets the needs of families looking for spacious living in a conducive environment. The decent condition rating of 78/100 further supports its potential appeal to family-oriented renters, despite being priced at fair value. Buy-and-hold The property is located in the Greater Porto area, which benefits from ongoing economic activity that may support long-term appreciation. Though the property is currently at fair value, it presents a reasonable investment for a buy-and-hold strategy, allowing for gradual equity growth over time.
Economic Vulnerability The economic stability score of 70/100 suggests potential fluctuations that may affect rental income.
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