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.
2-bedroom, 2-bathroom apartment of 205 m², built in 2009, energy rating C. Located on rua Alto da Costa, 869, Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment boasts high ceilings that enhance the spacious feel, complemented by a large terrace ideal for entertaining and outdoor activities.
The valuation. The asking price of €260,000 sits €110,679 (29.9%) below the fair value of €370,679, indicating the property is underpriced. This discrepancy presents a significant opportunity for potential buyers.
Fair value modelled at €370,679 from 6 comparable sales in the area. Asking €260,000 sits €110,679 (29.9%) below — the upside to fair value.
Asking €260,000 versus the rua Alto da Costa, 869 area baseline of €368,609 (€1,798/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €368,609, adjusted for condition and micro-location, gives a modelled fair value of €370,679 (€1,808/m²), a €110,679 (29.9%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Alto da Costa, 869 | Subject | €260,000 | €1,268 | — | 60 | 70 |
| rua Miguel Bombarda, 156 | Active | €285,000 | €1,781 | 40.4% | — | 75 |
| Águas Santas · 76b587 | Active | €325,000 | €2,070 | 63.2% | 60 | 71 |
| rua João Domingos Bontempo | Active | €339,500 | €1,835 | 44.7% | 73 | 71 |
| travessa Comendador Matos, 182 | Active | €320,000 | €1,208 | 4.8% | 70 | 59 |
| Median comp | €322,500 | €1,808 | 42.6% | 70 | 71 |
Long-term rental The 2-bed apartment in Ermesinde is priced at €260,000, which is significantly below its fair value of €370,679, indicating a strong opportunity for long-term rental investments. The suburban setting benefits from low crime rates and access to diverse employment options in Porto, appealing to families seeking stable living conditions. Family rental With its spacious size of 205m² and good neighborhood rating of 70/100, this property is well-suited for families and is attractively priced at €260,000 against a fair value of €370,679. The local amenities and safe environment make it an ideal choice for family rentals, capitalizing on the growing demand in suburban areas near Porto. Buy-and-hold The favorable pricing at €260,000 compared to a fair value of €370,679 offers a compelling case for a buy-and-hold strategy in Ermesinde. As housing demand in suburban areas remains strong and stable, this property represents a solid long-term investment, benefiting from future appreciation in value as the market develops further.
Tenant turnover risk High tenant turnover could occur due to the tenant stability score of 65/100, indicating potential instability and increased vacancy rates.
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
