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, 1-bathroom house of 74 m², built in 1937, energy rating G. Located Ermesinde parish, Valongo municipality, Porto district. Unique Features: The expansive 216 m² plot size allows for significant future development, including potential for outdoor leisure spaces or an entirely new housing layout in a desirable residential area.
The valuation. The asking price of €165,000 is significantly above the fair value of €95,871, representing an overpricing of €69,129 (72.1%). This property's high price may deter potential investors seeking reasonable value.
Fair value modelled at €95,871 from 6 comparable sales in the area. Asking €165,000 sits €69,129 (72.1%) above — overpriced versus fair value.
Asking €165,000 versus the Ermesinde, Valongo, Porto area baseline of €98,298 (€1,328/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 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 €98,298, adjusted for condition and micro-location, gives a modelled fair value of €95,871 (€1,296/m²), a €69,129 (72.1%) gap versus the €165,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 0aca11 | Subject | €165,000 | €2,230 | — | 55 | 67 |
| travessa Crasto, 55 | Active | €329,000 | €1,163 | 47.9% | 65 | 73 |
| rua Portocarreiro, 420 | Active | €168,000 | €2,154 | 3.4% | 57 | 72 |
| Milheiros · 6fbdcc | Active | €470,000 | €1,429 | 35.9% | — | 74 |
| Milheiros · f35de4 | Active | €289,000 | €578 | 74.1% | 61 | 64 |
| Median comp | €309,000 | €1,296 | 41.9% | 61 | 73 |
Family rental The current price of €165,000 represents a significant gap of 72.1% above the fair value of €95,871, indicating that the property is overpriced. Given its moderate condition score of 63/100 and the neighbourhood's rating of 67/100, it may be challenging to attract family renters at this price point. Buy-and-hold With a gross yield of 5.5%, the property could potentially generate income for an investor, yet the 72.1% pricing gap against its fair value suggests it is overpriced. Holding this asset may result in financial strain due to the escalating purchase cost and lack of appreciation prospects. Long-term rental The significant overvaluation of 72.1% compared to the fair value means that this property is overpriced for long-term rental strategies. Despite being in a suburban area with access to Porto, the inflated price could hinder long-term rental demand and profitability. Not ideal for short-term vacation rental The property is overpriced at €165,000, which makes it a less attractive option for short-term vacation rentals. The substantial gap against its fair value suggests that prospective guests may find better alternatives at more reasonable rates. Not ideal for luxury market As the property is priced at €165,000, it is considered overpriced compared to its fair value of €95,871, thus not suitable for the luxury market. The mismatch in value is likely to deter high-end clientele. Not ideal for student housing Listed at €165,000, the property is overpriced relative to its fair value, suggesting it does not represent a viable investment for student housing. The inflated price may exclude it from the budget-conscious demographic that typically seeks this type of accommodation.
Economic vulnerability due to lower scores The economic stability score of 65/100 indicates potential market fluctuations that could impact rental income, while the tenant stability score of 70/100 suggests a moderate risk of tenant turnover affecting occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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