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 apartment of 82 m² on the 1st floor. Located on rua da Ermida, 13, Penamaior parish, Paços de Ferreira municipality, Porto district. Unique Feature: The apartment includes a seldom-offered independent marquee/laundry area, providing added convenience and utility for tenants and reducing maintenance costs in the long term.
The valuation. The asking price of €210,000 is significantly below the fair value of €258,940, indicating an undervalued property by €48,940 (18.9%). This presents a favorable opportunity for potential investors. Buy-to-flip angle. A buy-to-flip strategy could capitalize on the underpricing, aiming for a resale at or above fair value, thereby targeting a profit margin of approximately 18.9%. Quick renovations could enhance the property's appeal. Buy-to-let angle. The rental income strategy in this suburban area could attract families, although the current condition suggests no immediate rental income. A buy-and-hold approach would allow for potential property appreciation over time.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Ermida, 13 | Subject | €210,000 | €2,561 | — | — | 62 |
| Paços de Ferreira · d7489a | Active | €230,000 | €2,674 | 4.4% | — | 56 |
| rua Ponte Real | Active | €258,000 | €3,185 | 24.4% | — | 62 |
| rua do Estádio | Active | €216,000 | €3,130 | 22.2% | — | 64 |
| Paços de Ferreira · 6226b7 | Active | €235,000 | €3,264 | 27.4% | — | 62 |
| Median comp | €232,500 | €3,158 | 23.3% | — | 62 |
Long-term rental The apartment's current listing price of €210,000 is 18.9% below the fair value of €258,940, suggesting significant potential for long-term rental yields as the property appreciates over time. Given the suburban location's proximity to Porto's center, it appeals to tenants seeking affordable housing options without sacrificing access to urban amenities. Buy-and-hold Investing in this property as a buy-and-hold strategy makes sense due to its underpriced position relative to fair market value, with significant growth potential in the coming years. The mixed residential-commercial profile of the neighborhood indicates a stabilizing economic environment that could yield substantial returns on investment. Family rental The apartment's valuation at €210,000, substantially lower than the €258,940 fair value, positions it as a solid option for family rentals in a suburban setting. The neighborhood's decent 62/100 rating suggests that families would find the area suitable for long-term residency, enhancing the property’s appeal to this demographic.
Economic and Tenant Stability Risk With both economic and tenant stability scores at 65/100, there is a notable risk of fluctuating rental income and increased vacancy rates due to potential local economic downturns or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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