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 apartment of 95 m² on the 1st floor, built in 1976, energy rating E. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features a unique investment potential with its current semi-annual rented bedrooms, allowing for immediate lease termination and quick personal or investor occupancy.
The asking price of €250,000 is substantially above the estimated fair value of €146,000, indicating a significant gap of €104,000 or a 41.5% downside compared to the asking price. Confidence in this fair value is medium. Rental yield. The estimated gross yield is 7.4%, equating to approximately €1,542 per month before costs and vacancy.
This property's fair value is derived from a combination of two models. The Transaction model uses real transaction data from the parish of Ermesinde, capturing 310 recorded sales in the past year, while the Adjusted asking-price model reflects current listings with adjustments to the asking prices. These models are blended with a weight of 55% for the Transaction model and 45% for the Adjusted asking-price model, adjusting conservatively for factors such as cost to cure. The resulting fair value is €146,000, indicating that the asking price is above the fair value. Confidence in this assessment is medium. The asking price is above the fair value; the fair value is 41.5% below the asking price.
Gross yield 7.4% (before costs)
No specific strategy stands out for this property.
Investors should consider the significant gap between the asking price of €250,000 and the fair value of €146,000, indicating that the asking price is above the fair value. The property is in average condition with a score of 57/100, while the surrounding neighbourhood also shows a mixed rating at 50/100, which could affect desirability and future appreciation potential.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating potentially high volatility in rental income and occupancy rates. Fair value certainty risk The valuation is assessed at a fair value of €146,000 with medium confidence, suggesting that the actual market price may vary significantly from this assessment due to absent micro-location transaction data and ongoing municipality scrutiny.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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