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 87 m², built in 1989, energy rating D. Located on rua de Gôa, 40, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts a large balcony ideal for outdoor relaxation, and its proximity to public transport ensures easy access to surrounding areas without a vehicle.
The valuation. The asking price of €214,000 exceeds the fair value of €206,106 by €7,894, representing a 3.8% premium. This property is deemed to be priced fairly in the current market. Buy-to-flip angle. A buy-to-flip strategy could yield potential profitability through minor renovations and staging to attract buyers, leveraging the property's high-quality finishes. This enhancement could facilitate a quicker sale at a higher price point. Buy-to-let angle. Adopting a buy-to-let approach, the estimated monthly rental income is €731, translating to a gross yield of 4.1%. This strategy benefits from the property's attractive condition and its suburban location near Porto's workforce.
Fair value modelled at €206,106 from 6 comparable sales in the area. Asking €214,000 sits €7,894 (3.8%) above — overpriced versus fair value.
Asking €214,000 versus the rua de Gôa, 40 area baseline of €177,438 (€2,040/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €177,438, adjusted for condition and micro-location, gives a modelled fair value of €206,106 (€2,369/m²), a €7,894 (3.8%) gap versus the €214,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Gôa, 40 | Subject | €214,000 | €2,460 | — | 72 | 73 |
| Pedrouços · 833f00 | Active | €297,000 | €3,000 | 22.0% | 74 | 74 |
| rua Bento de Jesus Caraça | Active | €195,000 | €1,950 | 20.7% | — | 72 |
| rua Gil Vicente, 16 | Active | €297,000 | €3,000 | 22.0% | 70 | 71 |
| estrada Nova | Active | €294,500 | €2,394 | 2.7% | 75 | 70 |
| Median comp | €295,750 | €2,697 | 9.6% | 74 | 72 |
Long-term rental This 1-bed apartment in Ermesinde presents a gross yield of 4.1%, making it a viable option for long-term rental opportunities. Given the proximity to Porto's amenities and job market, tenant demand is likely to remain steady, supporting consistent rental income. Family rental With a solid yield of 4.1% and a condition rating of 76/100, this property is suitable for family rental. The suburban setting in Greater Porto appeals to families seeking a balance between residential comfort and access to city amenities. Buy-and-hold The fair value of €206,106 indicates that this property is appropriately priced, allowing for potential capital appreciation over time. Its respectable condition and location within a suburban residential area are conducive to long-term investment stability. Not ideal for short-term vacation rental This property's condition and location do not align with the typical requirements for high-demand short-term vacation rentals. As a result, it may struggle to generate adequate returns in this segment. Not ideal for student housing The family-oriented environment in Ermesinde, combined with a lower overall tenant quality rating, does not favor student housing. Thus, pursuing this strategy would likely yield suboptimal financial performance.
Economic Sensitivity: With an economic stability score of 75, fluctuations in the local economy could lead to tenant turnover or reduced rental income, impacting cash flow and property value.
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