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 80 m², built in 1999, energy rating B. Located on rua António Ramalho, 438, São Mamede de Infesta e Senhora da Hora parish, Matosinhos municipality, Porto district. This apartment features a heat recovery system in the living room, enhancing energy efficiency and comfort throughout the year.
The valuation. The asking price of €250,000 sits above the fair value of €237,267, resulting in an excess of €12,733, or 5.1%. This indicates that the property is overpriced in the current market. Buy-to-flip angle. A buy-to-flip strategy would need to account for renovation costs to enhance the apartment's condition, which is rated at 65/100, targeting a quick turnover to realize profit on resale. Buy-to-let angle. With an estimated monthly rental income of €979, the gross yield for this property is approximately 4.7%, making it a viable option for long-term rental, particularly for families in a mixed neighbourhood.
Fair value modelled at €237,267 from the area baseline, adjusted for condition and location. Asking €250,000 sits €12,733 (5.1%) above — overpriced versus fair value.
Asking €250,000 versus the rua António Ramalho, 438 area baseline of €222,560 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 65/100 (Condition 66 · Materials 70 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 80/100 (Housing Market 80 · Amenities 80 · Economic 85 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua António Ramalho, 438
Area baseline €222,560 + condition -€12,000 + location +€26,707 = modelled fair value of €237,267 (€2,966/m²), a €12,733 (5.1%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Ramalho, 438 | Subject | €250,000 | €3,125 | — | 66 | 80 |
| rua Dom Frei Gonçalo Pais, 65 | Active | €307,500 | €2,821 | 9.7% | 70 | 66 |
| rua da Alegria | Active | €299,000 | €3,518 | 12.6% | — | 73 |
| Lordelo do Ouro e Massarelos · ba5ae5 | Active | €775,000 | €4,532 | 45.0% | — | 80 |
| rua de Martim Moniz, 500 | Active | €340,000 | €4,857 | 55.4% | 75 | 70 |
| Median comp | €323,750 | €4,025 | 28.8% | 73 | 72 |
Long-term rental This property, despite its potential due to location, is overpriced by 5.1% compared to its fair value, which may limit long-term rental returns. With a gross yield of 4.7%, the financial advantages seem insufficient to offset the initial overvaluation. Buy-and-hold The buy-and-hold strategy may be less attractive due to the 5.1% gap from fair value, indicating a higher initial investment than warranted. Given the current price point, investors could face challenges in achieving significant appreciation over time. Family rental Although the property appeals to families due to its location, its 5.1% overpricing could hinder rental demand as families seek more value for their housing budget. The marginal yield of 4.7% further complicates the attractiveness of this option for family-oriented tenants.
Tenant turnover risk With a tenant stability score of 75/100, there is a potential risk of higher tenant turnover, which could lead to increased vacancy rates and lost rental income.
