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.
1-bedroom, 1-bathroom studio of 57 m², built in 1999, energy rating C. Located on rua Conde Alto Mearim, 734, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The studio features large double-glazed windows that enhance both natural light and sound insulation, while the mature internal garden offers a peaceful retreat for residents.**
The valuation. The asking price of €240,000 is significantly above the fair value of €177,670, amounting to an overvaluation of €62,330 (26.0%). This property is not aligned with current market conditions. Buy-to-flip angle. A buy-to-flip strategy would focus on short-term renovations to enhance appeal, aiming for a resale price well above the purchase cost, though the current asking price limits this potential. Buy-to-let angle. With an estimated gross yield of 4.4% and potential rental income of €880/month, the property could attract long-term tenants due to its quality finishes and suburban appeal, despite the asking price.
Fair value modelled at €177,670 from the area baseline, adjusted for condition and location. Asking €240,000 sits €62,330 (26.0%) above — overpriced versus fair value.
Asking €240,000 versus the rua Conde Alto Mearim, 734 area baseline of €158,574 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 (Condition 72 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Conde Alto Mearim, 734
Area baseline €158,574 + condition +€1,336 + location +€17,760 = modelled fair value of €177,670 (€3,117/m²), a €62,330 (26.0%) gap versus the €240,000 asking price.
Long-term rental The property is overpriced at €240,000, with a fair value of just €177,670, suggesting a significant gap of 26.0%. The current gross yield of 4.4% does not justify the high entry price given the nearby economic stability and tenant quality in the location. Family rental While the suburban location offers amenities and proximity to Porto, the property's price does not align with its fair value of €177,670, making it overpriced by 26.0%. Families may find the area appealing, but the investment will likely yield lower returns due to the elevated purchase price. Buy-and-hold Investing in this 1-bed studio at €240,000 is not advisable since it is overpriced relative to its fair value of €177,670, creating a 26.0% discrepancy. Long-term appreciation may be hampered by the initial overvaluation despite decent neighborhood amenities and employment opportunities. Not ideal for Luxury market, Short-term rental, Student housing
Economic Vulnerability The property might face risks associated with the economic stability score of 80, indicating potential fluctuations that could impact rental income.
