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, 2-bathroom apartment of 150 m² on the 3rd floor, built in 1993, energy rating C. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes two balconies offering city views and excellent solar orientation, maximizing natural light throughout the living spaces.
The valuation. The asking price of €279,000 sits €10,286 (3.6%) below fair value at €289,286. This positions the property at a reasonable level, categorized as fair.
Fair value modelled at €289,286 from 6 comparable sales in the area. Asking €279,000 sits €10,286 (3.6%) below — the upside to fair value.
Asking €279,000 versus the Ermesinde, Valongo, Porto area baseline of €252,415 (€1,683/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 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 €252,415, adjusted for condition and micro-location, gives a modelled fair value of €289,286 (€1,929/m²), a €10,286 (3.6%) gap versus the €279,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 07fbe5 | Subject | €279,000 | €1,860 | — | 68 | 72 |
| Águas Santas · 33bb46 | Active | €375,000 | €1,803 | 3.1% | 75 | 69 |
| rua João Domingos Bontempo | Active | €339,500 | €1,835 | 1.3% | 73 | 71 |
| praceta Álvaro do Céu Oliveira, 32 | Active | €350,000 | €2,500 | 34.4% | 73 | 73 |
| Águas Santas · 76b587 | Active | €325,000 | €2,070 | 11.3% | 60 | 71 |
| Median comp | €344,750 | €1,953 | 5.0% | 73 | 71 |
Long-term rental The property’s yield of 4.3% and a fair value close to its listing price indicates a stable long-term rental investment within a suburban area of Greater Porto. Given the moderate urban density and access to city amenities, it is likely to attract consistent tenants, supporting reliable cash flow. Family rental With its 3-bedroom layout and decent neighborhood score of 72/100, this apartment could serve as an appealing family rental in Ermesinde. The fair valuation suggests that while the property isn't a bargain, it aligns with market expectations for families seeking suburban living near Porto's amenities. Buy-and-hold For investors pursuing a buy-and-hold strategy, this property in Ermesinde presents an opportunity to generate steady rental income while maintaining fair market value. The combination of a reasonable yield and access to urban conveniences makes it a suitable long-term addition to an investment portfolio. Not ideal for short-term vacation rental The apartment's moderate condition rating and suburban setting make it less attractive for short-term vacation renting, as demand in such areas tends to be lower than in urban centers. Therefore, investors may find limited returns from this strategy compared to more urban locales. Not ideal for luxury market Positioned in a suburban neighborhood with a moderate overall market appeal, this property does not align with the luxury segment that demands high-end features and pricing. Investors focusing on a luxury market strategy may find better opportunities elsewhere in Greater Porto.
Tenant turnover risk A tenant stability score of 65/100 indicates a moderate risk of turnover, which could disrupt cash flow and lead to increased vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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