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 132 m² on the 4th floor, built in 2020, energy rating A. Located on rua Leiras, 230, Ermesinde parish, Valongo municipality, Porto district. This apartment features a spacious 31.6 m² box garage and is situated in a prestigious gated community, enhancing both security and convenience for residents.
The valuation. The asking price of €340,000 sits €10,906 (3.3%) above the fair value of €329,094, indicating that the property is priced appropriately in the current market. Buyers should expect a balanced investment based on this valuation. Buy-to-flip angle. The buy-to-flip strategy would entail cosmetic updates to enhance the property's appeal and potentially resell it for a competitive price, leveraging the current asking price. With adequate renovation efforts, the property could attract higher offers from buyers looking for updated living spaces. Buy-to-let angle. The rental income strategy anticipates a gross yield of 3.3%, equating to an estimated monthly income of about €935. This approach could provide stable cash flow for long-term investors focused on family rentals in a suburban area of Greater Porto.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Leiras, 230 | Subject | €340,000 | €2,576 | — | — | 71 |
| rua Grupo Desportivo de Águas Santas | Active | €367,500 | €1,655 | 35.7% | — | 70 |
| Ermesinde · 1f34d8 | Active | €270,000 | €2,389 | 7.2% | 70 | 72 |
| rua João Vieira | Active | €260,000 | €2,889 | 12.2% | 68 | 64 |
| Ermesinde · e40b03 | Active | €195,000 | €1,773 | 31.2% | — | 68 |
| Median comp | €265,000 | €2,081 | 19.2% | 69 | 69 |
Long-term rental This property yields a gross income of 3.3%, which aligns with the fair market expectation for suburban areas in Greater Porto. Its condition rating of 0/100 indicates significant maintenance needs, potentially impacting tenant attraction and retention in the long term. Family rental Priced at €340,000, this 2-bed apartment offers sufficient space for families but faces competition from other similar offerings in Valongo. The neighbourhood score of 71/100 suggests a stable environment for families, yet its condition could deter some prospective tenants. Buy-and-hold Holding this property presents moderate risk due to its fair valuation and lack of immediate appreciation potential compared to other investments. Given its position in a suburban market with reasonable neighbourhood dynamics, long-term ownership could yield steady rental income despite current maintenance concerns.
Economic Vulnerability The economic stability score of 70/100 indicates potential fluctuations in market conditions that could impact rental income and occupancy rates negatively. Tenant Instability The tenant stability score of 75/100 suggests that while tenants may generally remain, there is still a risk of turnover that could lead to increased vacancy periods.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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