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.
2-bedroom, 1-bathroom apartment of 75 m², built in 1988. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy features: The apartment features a pantry in the entrance hall and a designated exterior storage area, enhancing convenience and maximizing usable space.
The valuation. The asking price of €270,000 sits €132,549 above the fair value of €137,451, marking it as overpriced by 49.1%. This significant discrepancy suggests limited potential for equity growth in the near term.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 956a8d | Subject | €270,000 | €3,600 | — | — | 70 |
| avenida Villagarcia de Arosa | Active | €290,000 | €3,152 | 12.4% | — | 67 |
| rua Tomás Ribeiro e a Avenida Serpa Pinto | Active | €260,000 | €3,714 | 3.2% | 60 | 73 |
| rua Dom Marcos da Cruz, 238 | Active | €275,000 | €3,618 | 0.5% | 62 | 72 |
| rua Chaby Pinheiro | Active | €245,000 | €2,952 | 18.0% | 72 | 69 |
| Median comp | €267,500 | €3,385 | 6.0% | 62 | 71 |
Long-term rental With a gross yield of 4.7%, this property does not provide an attractive return when considering its significant overpricing of 49.1% compared to the fair value of €137,451. Additionally, the poor condition rating of 0/100 diminishes its appeal for long-term tenants, further complicating rental prospects. Family rental Although the suburban context suggests potential for family-oriented tenants, the property is priced significantly above its fair value, making it less competitive in the family rental market. The lack of quality in condition will likely deter families seeking a welcoming home environment, posing a further challenge. Buy-and-hold Investing in this property for a buy-and-hold strategy seems unwise due to its 49.1% premium over fair value, which is not supported by its current condition or prospective rental yield. Given its deteriorating state and high valuation, expected appreciation and return on investment are highly questionable for the foreseeable future.
Economic Vulnerability The economic stability score of 70 indicates a moderate risk of economic downturn which could impact tenant occupancy levels and rental income. Tenant Instability With a tenant stability score of 65, there may be a higher likelihood of tenant turnover, potentially leading to increased vacancy rates and fluctuating income.
