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, 2-bathroom apartment of 148 m². Located on rua Rodrigues de Freitas, 640, Ermesinde parish, Valongo municipality, Porto district. The property features a high-end interior renovation with premium finishes and recessed lighting, contrasting sharply with its overgrown garden, highlighting a need for exterior maintenance.
The asking price is above the fair value, indicating a €50,000 gap (13.5% downside vs the asking price). The estimated gross yield is 4.9% (~€1,511/month) before costs and vacancy.
The asking price is above the fair value. This property's fair value is determined using a combination of two models. The Transaction model, based on 230 recorded sales in Ermesinde, contributes 55%. The Adjusted asking-price model, which accounts for current listings, contributes 45%. No conservative adjustments were applied, leading to a fair value of €320,000. Hence, the asking price of €370,000 is €50,000 (13.5%) above the fair value, giving a high confidence in this assessment.
Gross yield 4.9% (before costs)
No specific strategy stands out for this property.
Investors should consider that the asking price of €370,000 is above the fair value of €320,000, representing a 13.5% downside versus the asking price. With a decent condition rating of 80 out of 100 and a location score of 50 out of 100, the property may not provide the expected return on investment based on its current pricing and location rankings. Overall, the property's fair value and condition suggest potential concerns over its valuation.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score of 50/100 and tenant stability score of 50/100 indicate a potentially unstable investment environment that could lead to lower tenant retention and increased vacancy rates.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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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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