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 108 m² on the 1st floor, built in 1982, energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features an attic, providing additional storage or potential for conversion into a unique living space.
The valuation. The asking price of €290,000 significantly exceeds the fair value of €219,752 by €70,248 (32.0%). This property is classified as overpriced, reflecting an unjustifiable premium compared to its assessed worth.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 2ce367 | Subject | €290,000 | €2,685 | — | — | 71 |
| Ermesinde · 468222 | Active | €259,000 | €2,089 | 22.2% | 56 | 67 |
| rua Calouste Gulbenkian, 152 | Active | €198,000 | €2,106 | 21.6% | — | 74 |
| Ermesinde · e40b16 | Active | €147,000 | €1,729 | 35.6% | 65 | 73 |
| rua Sol, 139 | Active | €233,000 | €2,178 | 18.9% | 70 | 75 |
| Median comp | €215,500 | €2,098 | 21.9% | 65 | 74 |
Long-term rental The current price of €290,000 is 32% above the fair value of €219,752, making this property overpriced for a long-term rental investment. With a gross yield of only 4.3%, the return does not justify the high acquisition cost. Buy-and-hold At €290,000, the property fails to align with its fair market value of €219,752, indicating that it is overpriced for a buy-and-hold strategy. The substantial gap reduces the potential for capital appreciation and overall investment appeal. Family rental With a listing price of €290,000 representing a 32% premium over its fair value of €219,752, this property is overpriced for a family rental strategy. The gross yield of 4.3% does not effectively compensate for the elevated price, making it a less attractive family rental opportunity.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 75/100, there may be potential volatility in rental income or property value, increasing the risk of suboptimal returns.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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