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 111 m², built in 1992, energy rating C. Located on travessa 2 Amigos, 57-1ºD, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy features: The apartment includes a cozy fireplace in the living room and generous outdoor balcony spaces that enhance natural light and ventilation, ideal for relaxation and entertaining.
The valuation. The asking price of €365,000 is significantly above the fair value of €309,356, marking an overpricing of €55,644 (15.2%). This suggests that potential buyers should exercise caution regarding the property’s market value.
Fair value modelled at €309,356 from the area baseline, adjusted for condition and location. Asking €365,000 sits €55,644 (15.2%) above — overpriced versus fair value.
Asking €365,000 versus the travessa 2 Amigos, 57-1ºD area baseline of €308,802 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 (Condition 60 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 68/100 (Housing Market 70 · Amenities 65 · Economic 60 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
travessa 2 Amigos, 57-1ºD
Area baseline €308,802 + condition -€21,680 + location +€22,234 = modelled fair value of €309,356 (€2,787/m²), a €55,644 (15.2%) gap versus the €365,000 asking price.
Long-term rental The current listing price of €365,000 significantly exceeds the fair value of €309,356, indicating that the property is overpriced by 15.2%. With a gross yield of 4.5%, the investment may not generate the expected returns compared to better-priced alternatives in the area. Family rental While the apartment in Matosinhos e Leça da Palmeira offers sufficient space for families, the price of €365,000 is above its fair value of €309,356, categorizing it as overpriced. The attractive gross yield of 4.5% may not compensate for the elevated initial investment, making it less appealing for family renters seeking value. Buy-and-hold Although the neighborhood scores a decent 68/100 and the apartment has potential, the listing price of €365,000 surpasses the fair value of €309,356, marking it as overpriced. The anticipated long-term appreciation may not justify the overvaluation, diminishing the attractiveness of a buy-and-hold strategy in this instance.
Economic Vulnerability With an economic stability score of 60/100, there is a heightened risk of market fluctuations adversely affecting property values and rental demand.