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, 0-bathroom apartment of 105 m², energy rating D. Located Ermesinde parish, Valongo municipality, Porto district. This well-maintained apartment features modern granite kitchen countertops and elegant hardwood flooring in the living room, enhancing its appeal beyond standard specifications.
The asking price of €268,000 is significantly above the fair value of €160,000, indicating that the asking price is overpriced by €108,000, representing a 40.3% downside. The estimated gross yield is approximately 7.5%, equating to €1,675 per month before costs and vacancy.
The asking price is above the fair value. We built the fair value using two models: the Transaction model, which relies on 310 real transaction data recorded in Ermesinde over four quarters, and the Adjusted asking-price model, which adjusts current listings to reflect sale levels. We combined these models with a weighted blend of 55% Transaction and 45% Adjusted asking-price. Conservative adjustments for costs to cure were made where applicable, resulting in a fair value of €160,000, 12.3% below the central estimate of €182,000. The confidence level in this valuation is high. The asking price is above the fair value by €108,000 (40.3% downside vs the asking price).
Gross yield 7.5% (before costs)
No specific strategy stands out for this property.
In assessing the investment potential of this 2-bed apartment in Ermesinde, key factors include the significant disparity between the asking price of €268,000 and the fair value of €160,000, indicating a downside of 40.3% versus the asking price. Additionally, the property is in fair condition with a score of 63/100, while the neighbourhood is rated at 50/100, suggesting a need for careful consideration of future growth prospects in relation to both price and location attractiveness.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic and tenant stability scores at 50/100, the property may face difficulties attracting and retaining tenants, impacting its income potential. Data quality risk The reliability of the property valuation is compromised due to the suspect source of the advert's data, calling into question the confidence in the information provided.
Grade CFindings: 1
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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