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.
4-bedroom, 0-bathroom country_house of 52 m². Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This property features significant potential for expansion and rehabilitation, with a sizable yard and an additional structure that could be legalized for versatile uses.
The valuation. The asking price of €390,000 is significantly above the fair value of €114,651, representing a discrepancy of €275,349 (70.6%). This property is clearly overpriced, making it an unappealing investment option based on current market valuations. Buy-to-flip angle. Given the condition rating of 35/100, a buy-to-flip strategy may face challenges without significant renovations and upgrades; resale potential could be limited. A thorough assessment of renovation costs is essential to justify any projected profit. Buy-to-let angle. The rental income strategy appears ineffective, as the gross yield stands at 0% due to lack of appeal and necessary updates; the property is unlikely to attract tenants in its current state. Long-term family rentals may struggle in this mixed neighbourhood.
Fair value modelled at €114,651 from the area baseline, adjusted for condition and location. Asking €390,000 sits €275,349 (70.6%) above — overpriced versus fair value.
Asking €390,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €167,336 (€3,218/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 35/100 (Condition 30 · Materials 40 · Room dimensions 35). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 55/100 (Housing Market 60 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Matosinhos e Leça da Palmeira, Matosinhos, Porto
Area baseline €167,336 + condition -€32,906 + location +€2,893 = modelled fair value of €114,651 (€2,205/m²), a €275,349 (70.6%) gap versus the €390,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 93756f | Subject | €390,000 | €7,500 | — | 30 | 55 |
| Custóias, Leça do Balio e Guifões · 25f904 | Active | €695,000 | €8,176 | 9.0% | 46 | 67 |
| Matosinhos e Leça da Palmeira · 96c673 | Active | €395,000 | €2,324 | 69.0% | 25 | 64 |
| Perafita, Lavra e Santa Cruz do Bispo · 956919 | Active | €200,000 | €2,326 | 69.0% | 20 | 65 |
| Matosinhos e Leça da Palmeira · 6f410f | Active | €750,000 | €6,579 | 12.3% | — | 65 |
| Median comp | €545,000 | €4,453 | 40.6% | 25 | 65 |
Long-term rental The property, listed at €390,000, significantly exceeds its fair value of €114,651, reflecting a 70.6% gap that indicates it is overpriced. Additionally, with a current condition rating of 35/100 and gross yield of 0%, the long-term rental strategy may not deliver satisfactory returns. Family rental Given its significant overvaluation and condition rating, the property priced at €390,000 may deter families seeking affordable housing options. The lack of competitive pricing and low gross rental yield further hinder its attractiveness as a family rental investment.
Economic Instability Risk: With an economic stability score of 50/100, there is a significant risk of fluctuations in the local economy that could impact property value and tenant occupancy rates negatively.
