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.
4-bedroom, 3-bathroom house of 302 m², built in 1990, energy rating C. Located on rua Ilha de São Miguel, 156, Ermesinde parish, Valongo municipality, Porto district. This property features luxurious high-quality herringbone parquet flooring and modern wood paneling throughout, enhancing its overall aesthetic and appeal.
The valuation. The asking price of €550,000 exceeds the fair value of €473,893 by €76,107, translating to 16.1%. This property is considered overpriced based on a thorough assessment of comparable market conditions.
Fair value modelled at €473,893 from 6 comparable sales in the area. Asking €550,000 sits €76,107 (16.1%) above — overpriced versus fair value.
Asking €550,000 versus the rua Ilha de São Miguel, 156 area baseline of €410,210 (€1,358/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €410,210, adjusted for condition and micro-location, gives a modelled fair value of €473,893 (€1,569/m²), a €76,107 (16.1%) gap versus the €550,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Ilha de São Miguel, 156 | Subject | €550,000 | €1,821 | — | 70 | 74 |
| rua Jaime Cortesão, 125 | Active | €490,000 | €1,441 | 20.9% | 68 | 76 |
| calçada Serra, 176 | Active | €499,000 | €1,569 | 13.8% | 80 | 72 |
| calçada Serra, 176 | Active | €499,000 | €1,569 | 13.8% | 75 | 76 |
| rua Nossa Senhora Ponte S / N | Active | €410,000 | €1,491 | 18.1% | 68 | 73 |
| Median comp | €494,500 | €1,530 | 16.0% | 72 | 75 |
Long-term rental The property is overpriced at €550,000 compared to the fair value of €473,893, indicating a 16.1% gap that suggests potential investors should be cautious. With a gross yield of only 4%, the return on investment does not justify the current price, making it less attractive for long-term rental strategies. Family rental Although this 4-bed house in Ermesinde has features suitable for family living, the property's price exceeds its fair value by 16.1%. Consequently, the rental yield of 4% is not compelling for families seeking value in the Greater Porto area. Buy-and-hold The buy-and-hold strategy is questionable for this property, as it is currently listed at €550,000 despite a fair value of €473,893, equating to a 16.1% premium. Given the modest gross yield of 4%, this property does not present a strong case for long-term holding in a balanced investment portfolio.
Tenant turnover risk The combined economic and tenant stability scores of 75/100 suggest a potential for moderate tenant turnover, which may impact rental income stability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
