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, 2-bathroom apartment of 121 m² on the 1st floor, energy rating E. Located on rua Escolas da Bela, 70, Ermesinde parish, Valongo municipality, Porto district. This apartment boasts both balconies and an attic, providing additional outdoor space and storage options that enhance its overall functionality and appeal.
The asking price sits significantly above our assessed fair value, indicating that the asking price is above the fair value. Confidence in this fair value is medium. The estimated gross yield for this property is 8.5%.
The asking price is above the fair value. This property's fair value is determined using a Transaction model, which incorporates real transaction data from 310 recorded sales in Ermesinde, accounting for 55% of the final estimate. The Adjusted asking-price model, based on current listings and adjusted to actual sale levels, makes up 45%. Conservative adjustments are applied for costs to cure, leading to a fair value of €157,000, which is about 13.5% below the central estimate. The asking price of €265,000 is significantly higher, generating a downside of 40.9%. This analysis results in a confidence level that is medium.
Gross yield 8.5% (before costs)
No specific strategy stands out for this property.
The asking price of the 2-bed apartment in Ermesinde is significantly above its fair value, indicating potential overvaluation. With a fair value of €157,000, this property represents a 40.9% downside versus the asking price, which may affect future appreciation prospects despite a gross yield of 8.5%. The condition and neighbourhood scores of 63/100 and 50/100 respectively suggest there are mixed factors at play, further complicating the investment analysis.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk With both economic stability and tenant stability scores at 50/100, there is a significant risk of reduced rental income and higher vacancy rates due to potential instability in the market. Fair value certainty risk The valuation of €157,000 has a medium confidence level, presenting a risk regarding fair value certainty, especially considering there is no real transaction data for the micro-location and the two estimates differ by more than the tolerance.
Grade CFindings: 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 v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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