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, energy rating C. Located on rua Dom Marcos da Cruz, 238, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment boasts original wooden herringbone flooring in a unique bicolor geometric pattern, adding distinctive character to the living spaces, alongside convenient built-in wardrobes in the entrance hall.
The valuation. The asking price of €275,000 is significantly above the fair value of €216,382, reflecting an overpriced property by €58,618 or 21.3%. This suggests that potential buyers may need to negotiate aggressively.
Fair value modelled at €216,382 from the area baseline, adjusted for condition and location. Asking €275,000 sits €58,618 (21.3%) 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 64/100 (Condition 62 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 80 · 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 -€13,656 + location +€18,606 = modelled fair value of €216,382 (€2,847/m²), a €58,618 (21.3%) gap versus the €275,000 asking price.
Long-term rental The current listing price of €275,000 reflects a 21.3% gap above the fair value of €216,382, indicating that the property is overpriced for long-term rental strategies. With a gross yield of 4.5% and a condition score of 64/100, potential investors may find limited returns and higher risks associated with this investment. Family rental At €275,000, this property exceeds its fair value by 21.3%, branding it as overpriced for the family rental market. Although the neighborhood boasts a decent quality score of 72/100, the high price diminishes its attractiveness for family-oriented tenants seeking value. Buy-and-hold The buy-and-hold strategy is undermined by the property's overpriced status, as it is listed at €275,000, which is 21.3% above its fair value of €216,382. While the gross yield of 4.5% may appeal to some investors, the neighborhood and property condition do not justify the elevated pricing over the long term.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of tenant turnover, potentially leading to increased vacancy periods and additional costs associated with finding new tenants.
