This app was mentioned in 4 comments, with an average of 1.25 upvotes
The Europe Chess Master is fairly cheap in every sense; even if it's a relatively recent product, I've read it uses a pretty old software, and strength is limited, which means you'll probably outgrow it fast.
Chess Genius Pro is a much better product, and also available in a 'non Pro' version (should be less than $150, uses the same program with a reduced clock speed and memory, same chassis and slightly different pieces, but still +2100 estimate strength)... it's again a fairly small plastic board, and the LCD display is not that great, but overall not a terrible toy.
It's worth mentioning that it uses a direct port of this classic engine (also on IOS), which means that either app + a common board will replicate a very similar experience at a fraction of the cost
If you want to go for the good old fashioned electronic boards, than a bit of overkill is advisable, since you are not gonna be able to upgrade the unit if you outgrow it (back in the days Mephisto used to sell a modular chess system, but that was a costly too)
The model you linked is one of the few electronic board still made in recent years, and it uses a fairly reliable software with decent options to tune the strength of play... the problem is not that it's bad in itself, but simply that if you get this + a common board, you'll have pretty much the exact same thing at a fraction of the cost.
Same can be said for many other software, including free ones, that can run on a smartphone... all the affordable electronic boards (the ones without the fancy piece recognition as the DGT or motorized as Square off) basically require you to look at a display and move the pieces manually, just like you would do with a plain board and a phone on the side, so nowadays there really isn't that much extra value attached that justify the cost