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.
3-bedroom, 3-bathroom apartment of 157 m² on the 16th floor, built in 2006, energy rating B. Located on rua Carlos Alberto Morais, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. The apartment includes a dedicated laundry room and a large terrace ideal for family gatherings or enjoying the sea views.
The valuation. The asking price of €649,500 exceeds the fair value of €481,343 by €168,157, or 25.9%. This property is considered overpriced, making it less appealing for immediate investment.
Fair value modelled at €481,343 from the area baseline, adjusted for condition and location. Asking €649,500 sits €168,157 (25.9%) above — overpriced versus fair value.
Asking €649,500 versus the rua Carlos Alberto Morais area baseline of €436,774 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 72 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 72/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 73). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua Carlos Alberto Morais
Area baseline €436,774 + condition +€6,133 + location +€38,436 = modelled fair value of €481,343 (€3,066/m²), a €168,157 (25.9%) gap versus the €649,500 asking price.
Long-term rental This property, listed at €649,500, presents a significant gap of 25.9% compared to its fair value of €481,343, making it overpriced for a long-term rental strategy. With a gross yield of only 2.8%, investors may struggle to achieve a satisfactory return on investment. Family rental Given the family's needs for space and amenities, this property in Matosinhos e Leça da Palmeira may attract interest, yet it remains overpriced at €649,500 compared to a fair value of €481,343. The yield of 2.8% does not justify the elevated price, making it less appealing for family-oriented tenants seeking good value. Buy-and-hold As a buy-and-hold investment, the property is overpriced at €649,500, exceeding its fair valuation of €481,343 by 25.9%. Investors might find the 2.8% yield insufficient to compensate for the premium paid, impacting long-term financial viability.
Tenant turnover risk With a tenant stability score of 73/100, the property may experience a moderate risk of tenant turnover, which can lead to increased vacancies and costs associated with finding new tenants.