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 50 m². Located on rua Manuel Francisco Correia, 157, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment benefits from a spacious garden area perfect for relaxation, and its proximity to the beach enhances the lifestyle offering attractive outdoor leisure options.
The valuation. The asking price of €269,000 sits €115,150 (42.8%) above the fair value of €153,850, indicating that the property is overpriced. This discrepancy suggests it may be difficult to achieve desired returns.
Fair value modelled at €153,850 from the area baseline, adjusted for condition and location. Asking €269,000 sits €115,150 (42.8%) above — overpriced versus fair value.
Asking €269,000 versus the rua Manuel Francisco Correia, 157 area baseline of €139,100 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 (Condition 70 · Materials 80 · Room dimensions 75). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 73/100 (Housing Market 75 · Amenities 70 · Economic 70 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Francisco Correia, 157
Area baseline €139,100 + condition +€1,953 + location +€12,797 = modelled fair value of €153,850 (€3,077/m²), a €115,150 (42.8%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Francisco Correia, 157 | Subject | €269,000 | €5,380 | — | 70 | 73 |
| travessa da Carvalhosa, 18 | Active | €187,000 | €3,979 | 26.0% | 80 | 64 |
| rua da Agudela | Active | €370,000 | €4,353 | 19.1% | 72 | 69 |
| rua da Agudela | Active | €379,500 | €4,465 | 17.0% | 56 | 70 |
| avenida da Praia de Angeiras S / N | Active | €350,000 | €4,268 | 20.7% | 78 | 74 |
| Median comp | €360,000 | €4,311 | 19.9% | 75 | 70 |
Long-term rental The current pricing of the 1-bed apartment in Perafita, at €269,000, represents a significant gap of 42.8% above its fair value of €153,850, indicating that the property is overpriced. With a gross yield of only 3.4%, potential long-term rental income may not sufficiently compensate for the high acquisition cost. Family rental Given the high asking price in relation to its fair value, this 1-bed apartment in Perafita is unlikely to appeal to families seeking value-for-money rental options. The relatively low gross yield of 3.4% further underscores the unappealing financial metrics for family rentals in this market. Buy-and-hold Investing in a buy-and-hold strategy for this overpriced property could yield disappointing returns, with the fair value significantly lower than the asking price. Coupled with a moderate gross yield of 3.4%, the investment does not seem positioned for strong appreciation in the near term due to its inflated entry point.
Moderate Economic and Tenant Risk With both economic stability and tenant stability scores at 70/100, there is a moderate risk that changes in local market conditions or tenant turnover could negatively impact rental income and property value.
