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.
4-bedroom, 2-bathroom house of 147 m², built in 1978, energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. This property features a sizable outdoor backyard with complete privacy, ideal for creating outdoor living spaces, and has an attic with good ceiling height ready for conversion.
The valuation. The asking price of €290,000 sits significantly above the fair value of €177,540, representing an overpricing of €112,460 (63.3%). This discrepancy indicates a lack of alignment between market expectations and the property's intrinsic worth.
Fair value modelled at €177,540 from 6 comparable sales in the area. Asking €290,000 sits €112,460 (63.3%) above — overpriced versus fair value.
Asking €290,000 versus the Ermesinde, Valongo, Porto area baseline of €271,390 (€1,846/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 21/100 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 €271,390, adjusted for condition and micro-location, gives a modelled fair value of €177,540 (€1,208/m²), a €112,460 (63.3%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · a0cbfa | Subject | €290,000 | €1,973 | — | 15 | 73 |
| Águas Santas · 3a7159 | Active | €250,000 | €1,276 | 35.3% | 15 | 71 |
| calçada Serra, 1 | Active | €114,000 | €1,140 | 42.2% | 12 | 81 |
| rua de São Vicente | Active | €250,000 | €1,838 | 6.8% | 20 | 66 |
| Nogueira e Silva Escura · 911306 | Active | €300,000 | €345 | 82.5% | 12 | 68 |
| Median comp | €250,000 | €1,208 | 38.8% | 14 | 70 |
Long-term rental The property's listing price of €290,000 is significantly higher than its fair value of €177,540, indicating a 63.3% gap that makes it overpriced for a long-term rental strategy. With a gross yield of 5.5% and a low condition rating of 21/100, potential long-term tenants may find better options in the market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable given its significant overpricing at €290,000 versus a fair value of €177,540, leading to a substantial 63.3% imbalance. The poor condition score of 21/100 further undermines the investment potential, while current yields fail to justify the excessive price. Family rental While the neighbourhood score of 73/100 suggests appeal for family rentals, the property is overpriced at €290,000 when compared to the fair value of €177,540, resulting in an unsustainable 63.3% gap. Families seeking rental accommodations will likely view the investment as overvalued given its low condition rating of 21/100 and the available alternatives in the area.
Economic Downturn Risk With an economic stability score of 70/100, the region may be vulnerable to downturns that could affect rental demand and property values.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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