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 house of 496 m², built in 2004, energy rating C. Located Idães parish, Felgueiras municipality, Porto district. This property boasts a generous 2,760 m² of land, offering ample outdoor space for cultivation or recreation, alongside a well-maintained interior featuring high-quality fittings.
The valuation. The asking price of €587,000 represents a significant discount of €390,776 or 40.0% below the fair value of €977,776. This property is therefore considered underpriced. Buy-to-flip angle. The resale or wholesale strategy could capitalize on the undervaluation, aiming for a quick renovation of the high-quality interior to attract potential buyers, potentially increasing resale value significantly. Buy-to-let angle. A long-term rental strategy could be implemented, although the current gross yield sits at 0%, indicating no immediate rental income; however, the property's quality and location could attract tenants once available for lease.
Fair value modelled at €977,776 from 6 comparable sales in the area. Asking €587,000 sits €390,776 (40.0%) below — the upside to fair value.
Idães, Felgueiras, Porto area median of €562,960 (€1,135/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€414,816 versus the parish baseline.
Parish baseline €562,960 +€414,816 comparables adjustment = modelled fair value of €977,776 (€1,971/m²), a €390,776 (40.0%) gap versus the €587,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Idães · 6273d7 | Subject | €587,000 | €1,183 | — | 75 | 56 |
| Pedreira, Rande e Sernande · 8935e5 | Active | €396,000 | €2,118 | 78.9% | 75 | 64 |
| Cernadelo e Lousada (São Miguel e Santa Margarida) · 6d5514 | Active | €265,000 | €1,432 | 21.0% | 64 | 57 |
| Lustosa e Barrosas (Santo Estêvão) · 28b852 | Active | €365,000 | €1,825 | 54.2% | 78 | 64 |
| Lustosa e Barrosas (Santo Estêvão) · 4a4682 | Active | €1,100,000 | €5,366 | 353.4% | — | 70 |
| Median comp | €380,500 | €1,972 | 66.6% | 75 | 64 |
Long-term rental The property presents a significant opportunity for long-term rental given its fair value of €977,776, indicating a gap of 40% compared to the listing price of €587,000. Its decent condition score of 78 and proximity to Braga enhances its appeal to potential tenants, despite the moderate neighbourhood ratings. Family rental A family rental strategy could be highly successful as the property is attractively priced below its fair value and offers a reasonable living space of 496m², making it comfortable for families. The general safety of the area, paired with its proximity to local amenities, positions it as an appealing choice for family rentals. Buy-and-hold Adopting a buy-and-hold strategy could yield substantial long-term benefits due to the property's current valuation significantly under its fair market worth. The regional economic activity suggests that long-term appreciation is likely, especially considering the property’s favorable location near Braga. Not ideal for luxury market The property is not suited for the luxury market as its potential yield is currently 0% gross, reflecting its positioning well below the fair market value. Additionally, its neighbourhood rating of 56 further indicates that it lacks the high-end amenities that luxury buyers typically seek. Not ideal for student housing This property is not a suitable option for student housing, as its features do not cater to the unique demands of student tenants, especially given its low yield. Furthermore, the average neighbourhood rating of 56 implies limited desirability among students who may prioritize vibrant, urban environments. Not ideal for short-term vacation rental Given its lack of amenities and a gross yield of 0%, this property does not align with the short-term vacation rental model that often requires high appeal and profitability. Furthermore, typical urban concerns within the neighborhood create potential challenges for attracting short-term renters.
Economic and Tenant Instability With both economic and tenant stability scores at 55/100, there is a significant risk of fluctuating rental income and potential high turnover costs, impacting long-term profitability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
