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, 0-bathroom house of 92 m², built in 1982, energy rating E. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Feature: The property boasts three solar fronts, ensuring ample natural light throughout the day, while the closed box garage enhances convenience for vehicle storage in a quiet neighborhood.
The valuation. The asking price of €249,500 is significantly above the fair value of €172,396, with a difference of €77,104 (44.7%). This property is considered overpriced based on current market conditions.
Fair value modelled at €172,396 from 6 comparable sales in the area. Asking €249,500 sits €77,104 (44.7%) above — overpriced versus fair value.
Asking €249,500 versus the Ermesinde, Valongo, Porto area baseline of €157,964 (€1,717/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 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 €157,964, adjusted for condition and micro-location, gives a modelled fair value of €172,396 (€1,874/m²), a €77,104 (44.7%) gap versus the €249,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 76b50d | Subject | €249,500 | €2,712 | — | 60 | 71 |
| Águas Santas · 0017ef | Active | €469,000 | €1,804 | 33.5% | 60 | 67 |
| Baguim do Monte (Rio Tinto) · 7354d4 | Active | €190,000 | €1,759 | 35.1% | — | 70 |
| Rio Tinto · 49b67f | Active | €303,000 | €3,935 | 45.1% | 65 | 76 |
| rua do Loio, 93 | Active | €410,000 | €1,752 | 35.4% | 63 | 72 |
| Median comp | €356,500 | €1,782 | 34.3% | 63 | 71 |
Long-term rental This property is overpriced with a fair value gap of 44.7%, suggesting higher investment risk for a long-term rental strategy. The gross yield of 5.4% may not compensate for the inflated purchase price, indicating a less favorable return on investment. Family rental Given the suburban location and the property's high listing price compared to its fair value, this investment may not appeal to families seeking affordable housing. The neighborhood's rating of 71/100 indicates decent tenant quality, yet the overall cost may deter potential renters. Buy-and-hold Investing in this property under the buy-and-hold strategy is questionable due to its significant overpricing of €249,500 versus a fair value of €172,396. The decent condition score of 67/100 might not justify the investment, especially considering potential appreciation would have to offset the substantial initial overvaluation.
Economic and Tenant Instability With both economic and tenant stability scores at 70/100, there is a risk of fluctuating income due to potential job losses or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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