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, 2-bathroom apartment of 86 m², energy rating B. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This apartment features a private balcony, perfect for enjoying the coastal breeze, and includes built-in storage solutions that enhance its practical living space.
The valuation. The asking price of €410,000 exceeds the fair value of €260,591 by €149,409 (36.4%). This property is overpriced, presenting a significant discrepancy between market expectations and its listed price.
Fair value modelled at €260,591 from the area baseline, adjusted for condition and location. Asking €410,000 sits €149,409 (36.4%) above — overpriced versus fair value.
Asking €410,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €239,252 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 75 · Materials 78 · Room dimensions 70). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 70 · Amenities 70 · Economic 75 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
Matosinhos e Leça da Palmeira, Matosinhos, Porto
Area baseline €239,252 + condition -€672 + location +€22,011 = modelled fair value of €260,591 (€3,030/m²), a €149,409 (36.4%) gap versus the €410,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 49b66a | Subject | €410,000 | €4,767 | — | 75 | 73 |
| Matosinhos e Leça da Palmeira · 49b887 | Active | €595,000 | €7,438 | 56.0% | 80 | 74 |
| Matosinhos e Leça da Palmeira · 82c7ee | Active | €249,000 | €6,073 | 27.4% | 79 | 66 |
| Matosinhos e Leça da Palmeira · 023b52 | Active | €850,000 | €6,296 | 32.1% | 82 | 80 |
| calçada de Artur Pastor | Active | €260,000 | €6,341 | 33.0% | 85 | 73 |
| Median comp | €427,500 | €6,319 | 32.5% | 81 | 74 |
Long-term rental The gross yield of 2.9% indicates that the property is not positioned favorably for long-term rental investments, especially given the gap of 36.4% from its fair value. With the current price of €410,000, the potential return does not justify the high investment compared to the estimated fair value of €260,591. Family rental A family rental strategy may seem appealing due to the decent neighborhood ratings, but the property is overpriced at €410,000 against a fair value of €260,591, creating a significant risk for family tenants seeking affordable housing. The low gross yield of 2.9% further diminishes its attractiveness in the family rental market. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable, as it is overpriced compared to its fair value of €260,591, creating a considerable financial strain. The projected returns of 2.9% gross yield do not compensate for the initial investment of €410,000. Not ideal for This property is not suitable for student housing or luxury markets, as its high price point undermines profitability and affordability. Additionally, the property is not conducive for short-term vacation rentals due to its significant overvaluation and suboptimal yield.
Economic Downturn Risk The property is vulnerable to sudden economic downturns, which could impact the tenant stability score of 75/100, leading to increased vacancies and decreased rental income.
