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.
1-bedroom, 1-bathroom apartment of 68 m². Located Ermesinde parish, Valongo municipality, Porto district. Exceptional proximity to Ermesinde station and urban park offers convenient access to transportation and recreational spaces, enhancing both lifestyle and investment potential.
The valuation. The asking price of €229,000 sits 10.1% above the fair value of €208,022. This valuation indicates that the property is fairly priced.
Fair value modelled at €208,022 from 6 comparable sales in the area. Asking €229,000 sits €20,978 (10.1%) above — overpriced versus fair value.
Asking €229,000 versus the Ermesinde, Valongo, Porto area baseline of €198,035 (€2,912/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €198,035, adjusted for condition and micro-location, gives a modelled fair value of €208,022 (€3,059/m²), a €20,978 (10.1%) gap versus the €229,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 2fc9aa | Subject | €229,000 | €3,368 | — | 72 | 65 |
| rua da Barranha | Active | €249,000 | €2,490 | 26.1% | 70 | 73 |
| Valongo · ab718a | Active | €190,000 | €3,220 | 4.4% | 75 | 71 |
| Valongo · 956923 | Active | €175,000 | €3,571 | 6.1% | 70 | 68 |
| rua da Fonte | Active | €229,000 | €2,863 | 15.0% | 71 | 72 |
| Median comp | €209,500 | €3,042 | 9.7% | 71 | 72 |
Long-term rental The 1-bed apartment in Ermesinde is currently priced fairly at €229,000, slightly above its fair value of €208,022 with a yield of 3.4%. Given the steady demand in the suburban Porto area, it could offer stable rental income, though potential investors should note the modest yield in relation to the property's condition and neighbourhood rating. Student housing While the apartment's location near Porto may attract students seeking accommodations, the fair pricing at €229,000 compared to a fair value of €208,022 implies that the investment is not a bargain. The competition in the student housing market may also limit profit potential, given the average quality and amenities available in the area. Buy-and-hold Investing in this 1-bed apartment as a buy-and-hold strategy could yield decent long-term returns, but the fair market stance of €229,000 against a fair value of €208,022 suggests caution. With its condition and neighbourhood ratings at 70/100 and 65/100, respectively, investors might find growth potential limited in the near term despite appreciation potential over time.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of higher tenant turnover, which could lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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