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, 2-bathroom apartment of 128 m² on the 1st floor, built in 2005, energy rating C. Located on rua Agras Novas, 307, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts two balconies that enhance the spaciousness and natural light, while the enclosed parking area adds a layer of security for residents.
The valuation. The asking price of €292,000 is slightly below the fair value of €298,736, representing a discount of €6,736 (2.3%). This positions the property fairly within the current market conditions.
Fair value modelled at €298,736 from 6 comparable sales in the area. Asking €292,000 sits €6,736 (2.3%) below — the upside to fair value.
Asking €292,000 versus the rua Agras Novas, 307 area baseline of €248,110 (€1,938/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €248,110, adjusted for condition and micro-location, gives a modelled fair value of €298,736 (€2,334/m²), a €6,736 (2.3%) gap versus the €292,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Agras Novas, 307 | Subject | €292,000 | €2,281 | — | 74 | 74 |
| Rio Tinto · 86ccbe | Active | €289,000 | €2,429 | 6.5% | 72 | 72 |
| estrada Dom Miguel | Active | €242,900 | €2,058 | 9.8% | 74 | 71 |
| Águas Santas · f10a43 | Active | €265,000 | €2,409 | 5.6% | 74 | 71 |
| Baguim do Monte (Rio Tinto) · 1f36cd | Active | €275,000 | €1,897 | 16.9% | 75 | 66 |
| Median comp | €270,000 | €2,234 | 2.1% | 74 | 71 |
Long-term rental A long-term rental strategy is viable given the property’s gross yield of 3.6% and the fair valuation indicating a slight premium. The proximity to Porto enhances tenant demand, making this apartment a reasonable choice for stability in rental income. Family rental This property is suitable for family rentals due to its spacious 128m² layout, appealing to families seeking comfort in residential living. With a fair valuation and the surrounding amenities of the Greater Porto region, families can find value in this home despite the minimal gap to fair value. Buy-and-hold A buy-and-hold strategy could work well, as the property is priced fairly and located in a growing area with solid economic prospects. The steady housing demand in Greater Porto, combined with a reasonable yield, supports the long-term appreciation potential of this investment.
Economic and Tenant Instability Both economic and tenant stability scores are at 75, indicating a moderate risk of fluctuations in income relative to demand, which could affect long-term property profitability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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