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 €312,146 (€3,218/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 €312,146 + 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 |
| 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 |
| rua Tomás Ribeiro e a Avenida Serpa Pinto | Active | €260,000 | €3,714 | 24.2% | 60 | 73 |
| Median comp | €282,000 | €3,417 | 14.3% | 73 | 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.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
