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, 1-bathroom apartment of 88 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Feature: The apartment's enclosed balcony offers a unique mosaic tile design, contrasting with the modern updates in the bathroom, enhancing character within the otherwise standard finishes.
The valuation. The asking price of €235,000 is €33,678 (16.7%) above the fair value of €201,322, making the property overpriced. Investors should approach this listing with caution due to its inflated asking price.
Fair value modelled at €201,322 from 6 comparable sales in the area. Asking €235,000 sits €33,678 (16.7%) above — overpriced versus fair value.
Asking €235,000 versus the Ermesinde, Valongo, Porto area baseline of €193,945 (€2,204/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 €193,945, adjusted for condition and micro-location, gives a modelled fair value of €201,322 (€2,288/m²), a €33,678 (16.7%) gap versus the €235,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 0ac7d8 | Subject | €235,000 | €2,670 | — | 60 | 75 |
| Ermesinde · e40b16 | Active | €147,000 | €1,729 | 35.2% | 65 | 73 |
| Ermesinde · 3d9634 | Active | €249,000 | €2,515 | 5.8% | — | 67 |
| Nogueira e Silva Escura · e3add4 | Active | €299,000 | €2,694 | 0.9% | 60 | 66 |
| rua Bento de Jesus Caraça | Active | €195,000 | €1,950 | 27.0% | — | 72 |
| Median comp | €222,000 | €2,233 | 16.4% | 63 | 70 |
Long-term rental The property is priced at €235,000, which is 16.7% above its fair value of €201,322, indicating that it may not be a prudent investment for long-term rental purposes. With a gross yield of 4.4% and a condition rating of 66/100, the returns are unlikely to justify the premium price in this market. Family rental Although the property is located in a desirable area with a neighborhood rating of 75/100, its asking price of €235,000 suggests it is significantly overpriced at 16.7% above fair value. Consequently, families seeking rental options may find better value elsewhere in the Greater Porto metropolitan area. Buy-and-hold As a buy-and-hold investment, the property’s €235,000 price tag, which exceeds the fair value by 16.7%, raises questions about long-term capital appreciation. Given the current market conditions and the property’s moderate condition rating, the investment may yield disappointing returns over time.
Tenant turnover risk With a Tenant stability score of 70/100, there is a significant potential for higher tenant turnover, which can lead to increased vacancy rates and associated costs.
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