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 house of 100 m², built in 1980. Located on travessa Pereiró, 4, Custóias, Leça do Balio e Guifões parish, Matosinhos municipality, Porto district. Noteworthy Features: The property includes an additional 176 m² of urban land for construction, offering potential for future expansion or development in a serene environment.**
The valuation. The asking price of €375,000 sits significantly above the fair value of €292,022, indicating it is overpriced by €82,978 (22.1%). This discrepancy suggests potential buyers should approach with caution. Buy-to-flip angle. For a buy-to-flip strategy, acquiring the property at a lower price through negotiation could allow for cosmetic updates, targeting a swift resale at a higher price to capitalize on demand in the Greater Porto area. Buy-to-let angle. The property can generate an estimated rental income of €1,250 per month, resulting in a gross yield of 4%, making it suitable for long-term or family rentals in the mixed neighborhood of Custóias.
Fair value modelled at €292,022 from the area baseline, adjusted for condition and location. Asking €375,000 sits €82,978 (22.1%) above — overpriced versus fair value.
Asking €375,000 versus the travessa Pereiró, 4 area baseline of €278,200 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 (Condition 70 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 62/100 (Housing Market 70 · Amenities 60 · Economic 70 · Tenant Quality 55). Strong amenities and housing-market momentum support a premium to baseline.
travessa Pereiró, 4
Area baseline €278,200 + condition +€469 + location +€13,354 = modelled fair value of €292,022 (€2,920/m²), a €82,978 (22.1%) gap versus the €375,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa Pereiró, 4 | Subject | €375,000 | €3,750 | — | 70 | 62 |
| rua do Senhor, 75 | Active | €335,000 | €3,526 | 6.0% | 70 | 73 |
| avenida do Doutor Antunes Guimarães | Active | €795,000 | €4,229 | 12.8% | — | 75 |
| Matosinhos e Leça da Palmeira · ba5b77 | Active | €370,000 | €2,913 | 22.3% | 82 | 68 |
| rua Alcaide de Faria, 202 | Active | €295,000 | €5,268 | 40.5% | 75 | 72 |
| Median comp | €352,500 | €3,878 | 3.4% | 75 | 73 |
Long-term rental The property in Custóias is priced at €375,000, which is significantly above its fair value of €292,022, making it overpriced by 22.1%. Given the gross yield of 4%, investors may find it challenging to justify the high asking price compared to the potential return. Family rental With a neighbourhood rating of 62/100, the environment may appeal to families, but the property’s status as overpriced by 22.1% makes it less attractive in a competitive market. Buyers seeking family rental options should consider the limited yield against the high purchase price of €375,000. Buy-and-hold Investing in this property as a buy-and-hold strategy is difficult given its valuation of €375,000 compared to the fair value of €292,022, leading to a conclusion that it is overpriced by 22.1%. Long-term appreciation prospects could be hindered by the current yield of 4%, which does not compensate for the elevated entry cost.
Tenant turnover risk The tenant stability score of 55/100 indicates a higher likelihood of tenant turnover, which could lead to potential vacancy periods and loss of rental income.
