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 97 m², built in 1979. Located on rua Congosta do Abade S / N, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Location: This apartment features independent laundry room access, offering enhanced convenience for everyday living and additional storage options for residents.
The valuation. The asking price of €290,000 is slightly below the fair value of €293,509, representing an undervalued property by €3,509 (1.2%). This provides a favorable entry point for potential investors seeking immediate equity. Buy-to-flip angle. This apartment can be quickly renovated and resold, given its high-quality finishes and competitive asking price, appealing to families or young professionals. With an efficient flip strategy, a profit margin can be achieved within a short timeframe. Buy-to-let angle. The estimated rental income of €1,160/month translates to a gross yield of 4.8%, making it an attractive option for long-term rental investment. Given its suburban location, it caters to families seeking proximity to Porto, ensuring steady demand.
Fair value modelled at €293,509 from the area baseline, adjusted for condition and location. Asking €290,000 sits €3,509 (1.2%) below — the upside to fair value.
Asking €290,000 versus the rua Congosta do Abade S / N area baseline of €269,854 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 76 · Materials 80 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 68). Strong amenities and housing-market momentum support a premium to baseline.
rua Congosta do Abade S / N
Area baseline €269,854 + condition +€5,305 + location +€18,350 = modelled fair value of €293,509 (€3,026/m²), a €3,509 (1.2%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Congosta do Abade S / N | Subject | €290,000 | €2,990 | — | 76 | 67 |
| rua Congosta do Abade S / N | Active | €290,000 | €2,990 | 0% | 72 | 65 |
| Matosinhos e Leça da Palmeira · 261d38 | Active | €390,000 | €3,023 | 1.1% | 84 | 70 |
| Matosinhos e Leça da Palmeira · 99f360 | Active | €265,000 | €3,397 | 13.6% | 71 | 71 |
| São Mamede de Infesta e Senhora da Hora · 49b667 | Active | €299,000 | €3,437 | 15.0% | 75 | 71 |
| Median comp | €294,500 | €3,210 | 7.4% | 74 | 71 |
Long-term rental The 2-bed apartment in Matosinhos e Leça da Palmeira offers a gross yield of 4.8%, positioning it as a solid long-term rental investment in a suburban area with access to Porto. With a fair value gap of just 1.2%, it reflects a stable opportunity given its good condition rating of 79/100 and adequate neighbourhood score of 67/100. Family rental With its spacious 97m² layout, this apartment is well-suited for families seeking a comfortable, suburban environment close to Porto. The strong gross yield of 4.8% and the fair value being only slightly above the listing price indicate a favorable entry point for family rentals. Buy-and-hold Investing in this Matosinhos e Leça da Palmeira apartment for a buy-and-hold strategy is promising due to its 4.8% gross yield and the minimal gap to fair value, making it a stable investment. The area’s proximity to Porto coupled with its reasonable condition rating suggests long-term appreciation potential without immediate concerns over market volatility.
Economic volatility risk The economic stability score of 65 suggests potential fluctuations in the local economy, which could impact tenant demand and rental income. Tenant turnover risk With a tenant stability score of 68, there's an indication of possible higher turnover rates, potentially leading to increased vacancy periods and related costs.
