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 116 m² on the 1st floor. Located on avenida João de Deus, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The apartment boasts modern Teka appliances and vessel sinks in the kitchen and bathrooms, enhancing its contemporary appeal and functionality. Other Characteristics: Well-insulated with double glazing and thermal shutters ensures energy efficiency.
The valuation. The asking price of €290,000 is €561 (0.2%) above the fair value of €289,439, indicating that the property is fairly priced and reflects the current market conditions. Buyers can proceed with confidence knowing the price aligns with valuation metrics.
Fair value modelled at €289,439 from 6 comparable sales in the area. Asking €290,000 sits €561 (0.2%) above — overpriced versus fair value.
Asking €290,000 versus the avenida João de Deus area baseline of €253,813 (€2,188/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €253,813, adjusted for condition and micro-location, gives a modelled fair value of €289,439 (€2,495/m²), a €561 (0.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida João de Deus | Subject | €290,000 | €2,500 | — | 82 | 68 |
| praceta Costa | Active | €300,000 | €2,013 | 19.5% | 78 | 70 |
| rua José Régio | Active | €284,500 | €2,586 | 3.5% | 64 | 63 |
| rua Aquilino Ribeiro | Active | €350,000 | €2,612 | 4.5% | 72 | 66 |
| rua João Vieira S / N | Active | €320,000 | €2,162 | 13.5% | 74 | 74 |
| Median comp | €310,000 | €2,374 | 5.0% | 73 | 68 |
Family rental Given the current yield of 4.1% gross, this property offers a relatively stable income potential in a suburban area suited for families. The condition rating of 77/100 indicates a reasonable state for a family rental, making it a suitable choice for long-term tenants. Long-term rental This property in Ermesinde has a fair value gap of only 0.2%, indicating that it is appropriately priced for long-term investment. The area's safety and proximity to Porto enhance its appeal to long-term renters seeking a suburban lifestyle. Buy-and-hold With a fair valuation at €290,000 and a gross yield of 4.1%, this property presents a reasonable buy-and-hold opportunity in a neighborhood that supports stable tenant quality. The moderately rated condition and neighborhood dynamics suggest potential for steady appreciation over time while generating rental income.
Economic Viability Risk The economic stability score of 65/100 indicates a moderate risk of economic downturn impacting tenant demand and property viability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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