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, 2-bathroom apartment of 109 m², built in 1977. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The property includes a versatile +1 space ideal for a children's room or office and boasts abundant morning and evening natural light due to its east-west orientation.
The valuation. The asking price of €385,000 is significantly above the fair value of €330,284, indicating that the property is overpriced by €54,716 (14.2%). This discrepancy suggests limited immediate investment attractiveness.
Fair value modelled at €330,284 from the area baseline, adjusted for condition and location. Asking €385,000 sits €54,716 (14.2%) above — overpriced versus fair value.
Asking €385,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €303,238 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 76 · Materials 75 · Room dimensions 74). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 75 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Matosinhos e Leça da Palmeira, Matosinhos, Porto
Area baseline €303,238 + condition -€852 + location +€27,898 = modelled fair value of €330,284 (€3,030/m²), a €54,716 (14.2%) gap versus the €385,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 6d5293 | Subject | €385,000 | €3,532 | — | 76 | 73 |
| Matosinhos e Leça da Palmeira · 49b823 | Active | €490,000 | €3,920 | 11.0% | 70 | 68 |
| avenida Dom Afonso Henriques | Active | €385,000 | €3,263 | 7.6% | 76 | 70 |
| rua de Brito Capelo | Active | €690,000 | €4,233 | 19.8% | 75 | 67 |
| Matosinhos e Leça da Palmeira · 25f725 | Active | €598,000 | €3,497 | 1.0% | 78 | 68 |
| Median comp | €544,000 | €3,709 | 5.0% | 76 | 68 |
Long-term rental This property, with a gross yield of 3.6%, does not justify its listing price of €385,000 as it exceeds its fair value by 14.2%. The relatively low condition score of 75/100 further emphasizes that this investment is overpriced and may not attract long-term tenants seeking value for money. Family rental Given the suburban location in Greater Porto and the modest amenities available, this apartment priced at €385,000 is not an appealing option for family rentals. With its fair value substantially lower at €330,284, families may seek more suitable accommodations that offer better value. Buy-and-hold Although buying real estate can be a strategic move for the long term, this property is overpriced at €385,000, with a fair value indicating a gap of 14.2%. Investors should be cautious, as the current market dynamics suggest that holding onto this property may not yield the expected returns in appreciation. Not ideal for: Student housing, Luxury market, Short-term vacation rental.
Potential Economic Downturn The property could face decreased demand due to a moderate economic stability score of 70, which may affect rental prices and occupancy rates negatively if economic conditions worsen. Additionally, with a tenant stability score of 70, there's a risk of tenants being less reliable, potentially leading to increased vacancy rates and rental income fluctuations.
