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, 1-bathroom apartment of 85 m², energy rating E. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes a versatile Extra Room (+1) that can serve as a home office or playroom, enhancing its functional appeal for modern living. Location Advantage: Conveniently located near the Ermesinde train station, it ensures easy commuting to Porto and Valongo.
The valuation. The asking price of €208,000 is just €2,064 below the fair value of €210,064, positioning this property fairly within the market. This slight discrepancy indicates a competitive pricing strategy.
Fair value modelled at €210,064 from 6 comparable sales in the area. Asking €208,000 sits €2,064 (1.0%) below — the upside to fair value.
Asking €208,000 versus the Ermesinde, Valongo, Porto area baseline of €180,561 (€2,124/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 €180,561, adjusted for condition and micro-location, gives a modelled fair value of €210,064 (€2,471/m²), a €2,064 (1.0%) gap versus the €208,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · c17a3e | Subject | €208,000 | €2,447 | — | 73 | 71 |
| Pedrouços · 833f00 | Active | €297,000 | €3,000 | 22.6% | 74 | 74 |
| Ermesinde · a80689 | Active | €285,000 | €2,522 | 3.1% | 74 | 74 |
| Águas Santas · 8750ff | Active | €295,000 | €2,810 | 14.8% | 80 | 68 |
| Ermesinde · 6d518f | Active | €329,000 | €2,350 | 4.0% | 75 | 73 |
| Median comp | €296,000 | €2,666 | 8.9% | 75 | 74 |
Family rental This 3-bed apartment in Ermesinde presents a fair investment opportunity with a gross yield of 4.8%, appealing to families seeking suburban living near Porto. The property’s condition rating of 76/100 and neighborhood score of 71/100 indicate a solid environment for family rentals. Long-term rental Given its valuation of €208,000 against a fair market value of €210,064, this apartment is positioned fairly for long-term rental potential. The property’s location and stable yield suggest it can attract reliable tenants looking for extended leases in a suburban area. Buy-and-hold With the current market value closely aligned with fair value, the Ermesinde apartment is reasonably suited for a buy-and-hold strategy. The investment's yield of 4.8% gross and decent neighborhood qualities can contribute positively to long-term equity growth while ensuring steady rental income.
Economic Volatility Risk The property's economic stability score of 70/100 suggests that fluctuations in the local economy could impact rental income, potentially leading to higher vacancy rates or reduced tenant demand.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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