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 102 m² on the 2nd floor, energy rating B. Located Ermesinde parish, Valongo municipality, Porto district. Noteworthy Features: This apartment includes a modern kitchen equipped with energy-efficient appliances and an upgraded exterior thermal insulation system for enhanced energy savings and comfort throughout the year.
The valuation. The asking price of €295,000 exceeds the fair value of €268,642 by €26,358 (9.8%). This property is fairly valued, reflecting a balanced market perspective. Buy-to-flip angle. A buy-to-flip strategy could involve cosmetic upgrades to leverage its suburban appeal, aiming for a resale above the asking price in a competitive market. Buy-to-let angle. With an estimated gross yield of 3.6%, this apartment can generate approximately €885/month in rental income, making it suitable for long-term family rentals in a desirable neighborhood.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Ermesinde · f14c31 | Subject | €295,000 | €2,892 | — | — | 75 |
| rua Dom António Castro Meireles, 60 | Active | €290,000 | €2,959 | 2.3% | 70 | 71 |
| Ermesinde · 8ee329 | Active | €205,000 | €2,412 | 16.6% | 65 | 73 |
| Ermesinde · ba3a63 | Active | €276,500 | €2,514 | 13.1% | 70 | 65 |
| Ermesinde · 483ba9 | Active | €385,000 | €2,962 | 2.4% | 60 | 70 |
| Median comp | €283,250 | €2,737 | 5.4% | 68 | 71 |
Long-term rental This property offers a modest gross yield of 3.6%, aligning well with the rental demand in the greater Porto area, which attracts both local and international tenants. However, with a condition rating of 0/100, potential landlords may face significant renovation costs, impacting overall profitability. Family rental The 2-bed apartment in Ermesinde is well-suited for family rentals due to its suburban setting and access to quality amenities, supported by a neighbourhood rating of 75/100. Although priced at €295,000, aligning closely to the fair value of €268,642, prospective investors should be cautious about the property's current condition, which may deter some family renters. Buy-and-hold As a buy-and-hold investment, this property presents a stable option given the surrounding neighbourhood benefits and consistent demand for housing in the area. It's priced fairly at €295,000, but the need for significant maintenance and improvement work could hinder long-term returns if not addressed promptly.
Economic and Tenant Instability Risk The combined economic and tenant stability scores of 75/100 may indicate potential volatility, which could lead to fluctuations in rental income and occupancy rates.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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