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 249 m², built in 1970. Located Mancelos parish, Amarante municipality, Porto district. Noteworthy Features: The dual-house property offers a large 1,000 m² plot, presenting exceptional opportunities for expansion or additional construction to maximize investment potential.
The valuation. The asking price of €145,000 is significantly below the fair value of €351,305, representing a discount of €206,305 (58.7%). This property is clearly underpriced and presents an attractive opportunity for investors.
Fair value modelled at €351,305 from 6 comparable sales in the area. Asking €145,000 sits €206,305 (58.7%) below — the upside to fair value.
Asking €145,000 versus the Mancelos, Amarante, Porto area baseline of €354,046 (€1,422/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 45/100 is below the parish average, reducing 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 €354,046, adjusted for condition and micro-location, gives a modelled fair value of €351,305 (€1,411/m²), a €206,305 (58.7%) gap versus the €145,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Mancelos · 6273e9 | Subject | €145,000 | €582 | — | 40 | 60 |
| Mancelos · 0019ab | Active | €189,000 | €1,512 | 159.6% | — | 57 |
| Mancelos · 0238a0 | Active | €280,000 | €1,474 | 153.1% | 70 | 64 |
| Louredo · 9112f9 | Active | €112,500 | €674 | 15.7% | — | 58 |
| Mancelos · 6d51c5 | Active | €550,000 | €1,348 | 131.5% | — | 59 |
| Median comp | €234,500 | €1,411 | 142.3% | 70 | 59 |
Long-term rental The property in Mancelos offers significant potential for long-term rental investors, with a considerable fair value gap of 58.7%, indicating it is priced attractively compared to expected market value. While the 0% gross yield reflects current condition challenges, the proximity to Porto can enhance rental demand over time. Buy-and-hold This property presents an appealing buy-and-hold opportunity, given its fair value of €351,305 significantly surpasses the listing price of €145,000. Investors can anticipate long-term appreciation as the Mancelos area develops, benefiting from its suburban setting near economic opportunities in Porto. Family rental As a family rental option, this home is competitively priced at €145,000, which is substantially below its fair value, lending itself to future appreciation. Although the condition and neighborhood rating suggest some improvements may be needed, the local amenities and proximity to Porto render it a suitable choice for family accommodation.
Tenant turnover risk High tenant turnover is a concern given the tenant stability score of 60/100, which may lead to increased vacancy rates and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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