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 76 m². Located on rua Dom Marcos da Cruz, 238, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment boasts a distinctive bicolor geometric wooden parquet flooring that adds unique personality and character, alongside convenient built-in wardrobes in the entrance hall for efficient storage.
The valuation. The asking price of €275,000 sits significantly above fair value at €213,535, resulting in an overpricing of €61,465 (22.4%). This property is, therefore, not considered a good investment opportunity.
Fair value modelled at €213,535 from the area baseline, adjusted for condition and location. Asking €275,000 sits €61,465 (22.4%) above — overpriced versus fair value.
Asking €275,000 versus the rua Dom Marcos da Cruz, 238 area baseline of €211,432 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 67/100 (Condition 70 · Materials 65 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 64/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Dom Marcos da Cruz, 238
Area baseline €211,432 + condition -€9,738 + location +€11,840 = modelled fair value of €213,535 (€2,810/m²), a €61,465 (22.4%) gap versus the €275,000 asking price.
Long-term rental The current listing price of €275,000 presents a significant gap of 22.4% above the fair value of €213,535, indicating that this property is overpriced. Despite a gross yield of 4.5%, the financials do not support a reasonable investment for long-term rental potential in a suburban location. Family rental While the property is situated in a neighbourhood benefiting from Porto's economic influence, its price of €275,000—22.4% over the fair value—renders it overpriced for a family rental strategy. The average condition rating of 67/100 further complicates its attractiveness to families looking for quality housing. Buy-and-hold The appraisal shows that the property is overpriced at €275,000, 22.4% above the fair market value of €213,535, which diminishes its viability for a buy-and-hold investment strategy. With a gross yield of only 4.5% and a neighbourhood rating of 64/100, the long-term returns on this investment appear unfavorable.
Economic Vulnerability With an economic stability score of 70/100 and tenant stability score of 65/100, there is a heightened risk of economic downturn impacting tenant retention and rental income.