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.
4-bedroom, 1-bathroom house of 170 m², built in 1968, energy rating D. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This twin-family house includes a garage converted into an additional living space and a laundry area with a balcony, enhancing its utility despite extensive repair needs.
The valuation. The asking price of €395,000 sits above the fair value of €386,534, indicating that the property is overpriced by €8,466, or 2.1%. Buyers should approach this listing with caution. Buy-to-flip angle. Given the necessary renovations due to the condition rating of 33/100, a buy-to-flip strategy would focus on upgrading basic materials and finishes to appeal to potential buyers. Targeting a resale price exceeding the initial investment and renovation costs is essential. Buy-to-let angle. The estimated gross yield of 5.4% suggests a rental income strategy could be viable, bringing in approximately €1,778 per month. This aligns well with the long-term rental and family rental opportunities in the area, despite the property's condition.
Fair value modelled at €386,534 from the area baseline, adjusted for condition and location. Asking €395,000 sits €8,466 (2.1%) above — overpriced versus fair value.
Asking €395,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €472,940 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 33/100 (Condition 25 · Materials 30 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 64/100 (Housing Market 60 · Amenities 60 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Matosinhos e Leça da Palmeira, Matosinhos, Porto
Area baseline €472,940 + condition -€112,891 + location +€26,485 = modelled fair value of €386,534 (€2,274/m²), a €8,466 (2.1%) gap versus the €395,000 asking price.
Long-term rental This property in Matosinhos is priced at €395,000, which is 2.1% above its fair value of €386,534, indicating it is overpriced. With a gross yield of 5.4%, potential returns are modest compared to the investment required. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield the desired appreciation, as it is listed at €395,000 while being above the fair value of €386,534. Given its condition score of 33/100 and neighbourhood score of 64/100, long-term value recovery appears uncertain. Family rental As a family rental, this home is positioned in a suburban area with a decent neighbourhood score of 64/100, yet its price of €395,000 is above the fair value of €386,534, marking it as overpriced. The current yield of 5.4% may not be attractive for families seeking rental value in this competitive market.
Economic Shortfall Risk With an economic stability score of 70, there is a potential risk of fluctuations in economic conditions that could adversely impact property value and return on investment.
