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, 2-bathroom apartment of 119 m², built in 1999, energy rating C. Located on rua Firmino Oliveira Gomes, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment includes a dedicated parking space and storage unit, enhancing convenience in a bustling city center. Sun Exposure: Two fronts ensure abundant natural light throughout the day.
The valuation. The asking price of €440,000 exceeds the fair value of €360,726 by €79,274 (18.0%), indicating that this property is overpriced and may not yield a favorable return on investment.
Fair value modelled at €360,726 from the area baseline, adjusted for condition and location. Asking €440,000 sits €79,274 (18.0%) above — overpriced versus fair value.
Asking €440,000 versus the rua Firmino Oliveira Gomes area baseline of €331,058 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 (Condition 75 · Materials 78 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 71/100 (Housing Market 75 · Amenities 70 · Economic 80 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Firmino Oliveira Gomes
Area baseline €331,058 + condition +€1,859 + location +€27,809 = modelled fair value of €360,726 (€3,031/m²), a €79,274 (18.0%) gap versus the €440,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Firmino Oliveira Gomes | Subject | €440,000 | €3,697 | — | 75 | 71 |
| rua da Lagoa | Active | €339,500 | €3,086 | 16.5% | 78 | 71 |
| Matosinhos e Leça da Palmeira · 25f503 | Active | €399,000 | €4,385 | 18.6% | 73 | 70 |
| Ramalde · ba599e | Active | €415,000 | €2,785 | 24.7% | 75 | 72 |
| rua Diu | Active | €288,000 | €3,740 | 1.2% | 75 | 73 |
| Median comp | €369,250 | €3,413 | 7.7% | 75 | 72 |
Long-term rental Although the 2-bed apartment in Matosinhos e Leça da Palmeira presents a projected gross yield of 3.8%, it is currently overpriced by 18.0% compared to its fair value of €360,726. Investors should exercise caution, as the listing price of €440,000 may not be justifiable in relation to its long-term cash flow potential. Family rental The property caters to family rental needs but is currently overpriced with a listing of €440,000, exceeding its fair value by 18.0%. Given the neighbourhood score of 71/100, families may find this unit appealing, yet the inflated price could deter potential tenants. Buy-and-hold While holding this property may seem viable given its 76/100 condition rating, the asking price of €440,000 reflects an 18.0% premium over its fair value of €360,726, which could limit future appreciation. Investors might reconsider a buy-and-hold strategy in light of the significant gap between market value and asking price, potentially affecting long-term returns.
Tenant turnover risk With a tenant stability score of 65/100, there is a higher likelihood of tenant turnover, potentially leading to increased vacancy costs and reduced rental income.
