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, 1-bathroom house of 109 m². Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: The property includes a versatile ground floor space that can function as residential or commercial, providing additional living options and utility beyond traditional residential layouts.
The valuation. The asking price of €320,000 sits below the fair value of €362,647, representing a potential discount of €42,647 (11.8%). This indicates that the property is subvalued and offers an attractive opportunity for investors. Buy-to-flip angle. A buy-to-flip strategy can leverage the property's high-quality materials and desirable location, aiming for a resale at a competitive price in the growing Porto area. This is likely to yield a significant profit in a robust market. Buy-to-let angle. Investors can capitalize on the estimated gross yield of 3.2%, generating roughly €853/month in rental income. This approach aligns with the demand for family rentals in suburban Porto, ensuring steady cash flow.
Fair value modelled at €362,647 from 6 comparable sales in the area. Asking €320,000 sits €42,647 (11.8%) below — the upside to fair value.
Asking €320,000 versus the Ermesinde, Valongo, Porto area baseline of €324,155 (€2,974/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €324,155, adjusted for condition and micro-location, gives a modelled fair value of €362,647 (€3,327/m²), a €42,647 (11.8%) gap versus the €320,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · 652fdc | Subject | €320,000 | €2,936 | — | 75 | 74 |
| rua Nova de Santegãos | Active | €269,900 | €3,416 | 16.4% | 75 | 74 |
| estrada Nova | Active | €405,000 | €3,522 | 20.0% | 75 | 72 |
| Ermesinde · 90d917 | Active | €290,000 | €2,929 | 0.2% | 76 | 65 |
| Águas Santas · 9570d5 | Active | €327,000 | €3,238 | 10.3% | 82 | 70 |
| Median comp | €308,500 | €3,327 | 13.3% | 76 | 71 |
Long-term rental The 2-bed house in Ermesinde offers a reasonable 3.2% gross yield, suggesting it can generate steady income over time. With a fair value of €362,647, purchasing at €320,000 represents an attractive investment relative to the market. Family rental This property is ideally suited for families seeking a suburban lifestyle close to Porto, supported by a respectable neighbourhood score of 74/100. Acquiring this house below its fair value ensures a competitive offering in the family rental market, enhancing its long-term appeal. Buy-and-hold Given its strategic location benefitting from urban growth spillover and a fair value 11.8% higher than the listing price, this investment in Ermesinde is well-positioned for appreciation over time. The house's decent condition score of 78/100 suggests limited immediate investment needs, reinforcing the buy-and-hold strategy's viability.
Tenant turnover risk High tenant turnover may occur due to a tenant stability score of 70/100, indicating potential challenges in maintaining consistent rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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