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 88 m², built in 1981, energy rating C. Located on avenida Serpa Pinto, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment offers two private balconies with unobstructed views, enhancing the living experience by providing outdoor space and excellent sun exposure throughout the day.
The valuation. The asking price of €359,000 is significantly above the fair value of €237,401, showing an excess of €121,599 (33.9%). This property is therefore overpriced in comparison to its assessed market value.
Fair value modelled at €237,401 from the area baseline, adjusted for condition and location. Asking €359,000 sits €121,599 (33.9%) above — overpriced versus fair value.
Asking €359,000 versus the avenida Serpa Pinto area baseline of €244,816 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 55 · Materials 50 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 67/100 (Housing Market 70 · Amenities 65 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
avenida Serpa Pinto
Area baseline €244,816 + condition -€24,063 + location +€16,647 = modelled fair value of €237,401 (€2,698/m²), a €121,599 (33.9%) gap versus the €359,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Serpa Pinto | Subject | €359,000 | €4,080 | — | 55 | 67 |
| avenida Dom Afonso Henriques | Active | €385,000 | €3,208 | 21.4% | — | 76 |
| Matosinhos e Leça da Palmeira · 25f75f | Active | €365,000 | €3,288 | 19.4% | 55 | 76 |
| Matosinhos e Leça da Palmeira · 1e6548 | Active | €557,290 | €3,259 | 20.1% | — | 69 |
| rua de Alfredo Cunha S / N | Active | €547,000 | €3,199 | 21.6% | 65 | 71 |
| Median comp | €466,000 | €3,234 | 20.7% | 60 | 74 |
Long-term rental Given that the property is overpriced by 33.9%, the potential yield of 4.5% gross may not adequately compensate for the elevated investment risk. Additionally, the moderate condition rating of 58/100 and pedestrian neighbourhood score of 67/100 suggest a challenging rental market for long-term tenants. Buy-and-hold Investing in this apartment as a buy-and-hold strategy appears unwise due to its significant overpricing relative to the fair value of €237,401. The moderate access to amenities and employment opportunities further diminishes the likelihood of appreciation in value over the long term. Family rental The property is unsuitable for a family rental strategy as it is presently priced 33.9% above fair value, limiting the margin for potential returns. Its average neighbourhood quality and moderate amenities may deter families seeking value and convenience from their rental investment.
Economic Volatility With an economic stability score of 65/100, the property may be at risk of downturns due to fluctuations in the local economy that could impact tenant demand and rental income stability. Tenant Turnover Risk A tenant stability score of 65/100 indicates potential challenges with retaining tenants, which could lead to increased turnover costs and temporary vacancies affecting cash flow.
