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 89 m², built in 1983, energy rating C. Located on rua Santa Teresa, 63, Custóias, Leça do Balio e Guifões parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment boasts a terrace accessible from both bedrooms, offering a private outdoor space for relaxation, complemented by the convenience of ample storage with a dedicated laundry room and additional pantry. Location Advantage: Situated just 1 minute from Fonte do Cuco metro station, it provides easy access to public transport, enhancing urban connectivity while maintaining a tranquil residential atmosphere.
The valuation. The asking price of €229,900 sits €42,668 (18.6%) below the fair value of €272,568, positioning this property as a compelling opportunity for investors seeking advantageous pricing. Buy-to-flip angle. This apartment can be quickly renovated and resold for a profit, leveraging its high-quality finishes to appeal to retail buyers seeking modern amenities in Custóias. Buy-to-let angle. With an estimated rental income of €939 per month, investors can achieve a gross yield of 4.9%, making it an attractive option for long-term holding in a desirable suburban area.
Fair value modelled at €272,568 from the area baseline, adjusted for condition and location. Asking €229,900 sits €42,668 (18.6%) below — the upside to fair value.
Asking €229,900 versus the rua Santa Teresa, 63 area baseline of €247,598 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 76 · Materials 82 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Santa Teresa, 63
Area baseline €247,598 + condition +€4,172 + location +€20,798 = modelled fair value of €272,568 (€3,063/m²), a €42,668 (18.6%) gap versus the €229,900 asking price.
Long-term rental The 2-bed apartment in Custóias presents a compelling long-term rental opportunity, given its 4.9% gross yield and an 18.6% gap below fair value. With a respectable condition score of 78/100, this property is positioned well for stable rental income, appealing to families seeking suburban living near Greater Porto. Family rental This apartment is particularly suited for family rental, as its layout and proximity to schools and amenities cater to the needs of households. The sound neighborhood rating of 71/100 combined with its affordability relative to fair value makes it an enticing option for long-term family tenants. Buy-and-hold Investors looking for a buy-and-hold strategy will find this property attractive due to its subvalorizada status and robust yield potential. With the increasing desirability of suburban living, this apartment offers a solid long-term asset in a transitioning market.
Economic volatility risk With an economic stability score of 70/100, there is a moderate risk of economic downturn affecting the property’s profitability.
