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, energy rating C. Located on rua Congosta do Abade S / N, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This apartment features a spacious and bright living room with well-designed areas for lounging and dining, complemented by a recently updated kitchen with independent laundry access.
The valuation. The asking price of €290,000 sits €3,652 (1.3%) above the fair value of €286,348, indicating that the property is overpriced. This discrepancy suggests a need for careful consideration before committing to an investment.
Fair value modelled at €286,348 from the area baseline, adjusted for condition and location. Asking €290,000 sits €3,652 (1.3%) above — overpriced versus 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 75/100 (Condition 72 · Materials 78 · Room dimensions 74). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 65/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Congosta do Abade S / N
Area baseline €269,854 + condition +€303 + location +€16,191 = modelled fair value of €286,348 (€2,952/m²), a €3,652 (1.3%) 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 | — | 72 | 65 |
| rua Congosta do Abade S / N | Active | €290,000 | €2,990 | 0% | 76 | 67 |
| Matosinhos e Leça da Palmeira · 99f360 | Active | €265,000 | €3,397 | 13.6% | 71 | 71 |
| Matosinhos e Leça da Palmeira · 261d38 | Active | €390,000 | €3,023 | 1.1% | 84 | 70 |
| 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% | 76 | 71 |
Long-term rental The property exhibits a gross yield of 4.8%, which is indicative of returns that might not be compelling given its current price. With a fair value gap of only 1.3%, this investment appears overpriced, limiting its appeal for long-term rental opportunities. Family rental While offering a decent size for families, the apartment's vicinity to Porto adds slight economic advantages that do not sufficiently justify its current listing price. Given its overpriced status and below-average neighborhood rating, the investment may face challenges attracting family tenants. Buy-and-hold Investors looking to hold this property for the long term may find that its current value is already priced above potential appreciation, with a fair value gap of just 1.3%. The subpar neighborhood rating further complicates its viability as a buy-and-hold investment due to limited future growth prospects.
Economic Sensitivity The property may be exposed to economic fluctuations, given that both the economic and tenant stability scores are at 70/100, indicating a moderate level of risk regarding potential downturns in the local market.
