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 144 m² on the 3rd floor, built in 1982. Located Ermesinde parish, Valongo municipality, Porto district. This apartment features a stone-clad fireplace in the living area, enhancing its contemporary design and providing a unique focal point that sets it apart from typical listings.
The asking price of €298,500 is in line with our assessed fair value of €296,000, reflecting a medium confidence level in this estimate. The fair value indicates a downside of €2,500; 0.7% versus the asking price. Rental income. The property's estimated gross yield is 5.1%, positioning it favorably within the national rental income range, before costs, vacancy, and management considerations.
The asking price is in line with the fair value. This property's fair value is determined using a combination of two models: the Transaction model, which relies on real transaction data from 230 sales in Ermesinde over the past year (55%), and the Adjusted asking-price model that considers current listings adjusted to the sale level (45%). No conservative adjustments were applied to this property. The fair value calculated is €296,000, which is 0.7% below the asking price of €298,500. This indicates medium confidence in the valuation.
Gross yield 5.1% (before costs)
The 3-bed apartment in Ermesinde, Valongo, priced at €298,500, offers a gross yield of 5.1%, which exceeds the national average and indicates a solid potential for rental income amidst stable market conditions. Although the asking price reflects a slight downside of 0.7% against the fair value of €296,000, it aligns with the overall attractiveness of the property given its decent condition rating of 79/100. With confidence in the rental potential rated as medium, this investment serves as a reasonable opportunity in a mixed neighbourhood environment, providing a viable option for investors looking to capitalize on the ongoing demand for rental properties.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The property has an economic stability score of 50/100 and a tenant stability score of 50/100, indicating potential volatility in rental income and tenant reliability, which could affect investment returns. Fair value certainty risk The fair value is assessed at €296,000 but comes with medium confidence; additionally, there is a lack of micro-location transaction data, suggesting uncertainty in valuation and future price movements.
Grade AFindings: 0
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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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