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 apartment of 61 m², built in 1981, energy rating C. Located on avenida Serpa Pinto, 679, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment operates as a Local Accommodation, offering significant income-generating potential in a high-demand tourist area with modern quality finishes throughout.
The valuation. The asking price of €310,000 is significantly above the fair value of €181,646, creating a gap of €128,354 (41.4%). This property is therefore considered overpriced. Buy-to-flip angle. A resale strategy targeting investors looking for modern finishes could yield a lucrative return; however, the high asking price may limit profit potential based on current market demand. Buy-to-let angle. With an estimated gross yield of 3.6% (~€930/month), the rental income strategy would appeal to families, but the property's suburban location may restrict the tenant pool.
Fair value modelled at €181,646 from the area baseline, adjusted for condition and location. Asking €310,000 sits €128,354 (41.4%) above — overpriced versus fair value.
Asking €310,000 versus the avenida Serpa Pinto, 679 area baseline of €169,702 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 69/100 (Housing Market 68 · Amenities 60 · Economic 65 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
avenida Serpa Pinto, 679
Area baseline €169,702 + condition -€953 + location +€12,897 = modelled fair value of €181,646 (€2,978/m²), a €128,354 (41.4%) gap versus the €310,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Serpa Pinto, 679 | Subject | €310,000 | €5,082 | — | 70 | 69 |
| Ramalde · 99f4e0 | Active | €285,000 | €6,477 | 27.5% | 80 | 72 |
| rua Brito e Cunha | Active | €245,000 | €6,282 | 23.6% | 80 | 68 |
| avenida Serpa Pinto | Active | €235,000 | €4,519 | 11.1% | 78 | 70 |
| avenida Comendador Ferreira de Matos | Active | €290,000 | €5,686 | 11.9% | 72 | 68 |
| Median comp | €265,000 | €5,984 | 17.7% | 79 | 69 |
Long-term rental This apartment in Matosinhos e Leça da Palmeira is currently overpriced at €310,000 with a fair value of €181,646, indicating a significant gap of 41.4%. While the gross yield is a modest 3.6%, the location near Porto may not suffice to justify the premium price, limiting long-term rental viability. Buy-and-hold The ongoing price of €310,000 is not aligned with the fair value of €181,646 for this property, reflecting a notable overvaluation of 41.4%. Although it has potential for appreciation, the current yield of 3.6% and suboptimal neighborhood ratings suggest that holding this asset may not result in favorable returns in the near term. Family rental With a price premium at €310,000 against a fair value of €181,646, this property is deemed overpriced by 41.4%, making it a less attractive option for a family rental strategy. Additionally, while the suburban context offers safety, the overall appeal of the area and current yield of 3.6% may undermine demand for family tenants.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk of economic downturns that could affect rental income stability.
