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, 4-bathroom apartment of 240 m², built in 2021, energy rating A. Located on rua Manuel Dias da Fonseca, 132, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Stunning panoramic views from a spacious 21.2 m² balcony, offering a unique vantage point over the ocean and Parque da Cidade do Porto, enhance the living experience significantly.
The valuation. The asking price of €1,150,000 is significantly above the calculated fair value of €767,119, resulting in a disparity of €382,881 (33.3%). Verdict: overpriced. Buy-to-flip angle. The strategy for resale focuses on maximizing appeal through modern renovations, potentially commanding a higher price point after enhancements. Buy-to-let angle. With an estimated gross yield of 3.5%, the property can generate approximately €3,354 per month, appealing to long-term family rentals in the area.
Fair value modelled at €767,119 from the area baseline, adjusted for condition and location. Asking €1,150,000 sits €382,881 (33.3%) above — overpriced versus fair value.
Asking €1,150,000 versus the rua Manuel Dias da Fonseca, 132 area baseline of €667,680 (€2,782/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 86/100 (Condition 85 · Materials 90 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 76/100 (Housing Market 80 · Amenities 75 · Economic 80 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Manuel Dias da Fonseca, 132
Area baseline €667,680 + condition +€30,000 + location +€69,439 = modelled fair value of €767,119 (€3,196/m²), a €382,881 (33.3%) gap versus the €1,150,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Manuel Dias da Fonseca, 132 | Subject | €1,150,000 | €4,792 | — | 85 | 76 |
| rua João de Barros, 90-118 | Active | €1,380,000 | €5,455 | 13.8% | 85 | 67 |
| Matosinhos e Leça da Palmeira · 0dceda | Active | €1,950,000 | €9,799 | 104.5% | 90 | 65 |
| Aldoar, Foz Do Douro e Nevogilde · 0dcf4e | Active | €2,950,000 | €6,512 | 35.9% | 92 | 75 |
| Matosinhos e Leça da Palmeira · 023b52 | Active | €850,000 | €6,296 | 31.4% | 82 | 80 |
| Median comp | €1,665,000 | €6,404 | 33.6% | 88 | 71 |
Long-term rental Despite the residential appeal of the Matosinhos e Leça da Palmeira area, the property is overpriced at €1,150,000 compared to the fair value of €767,119, making it a less attractive long-term rental option. With a gross yield of only 3.5%, investors may find better opportunities elsewhere that align with their financial goals. Family rental While the neighborhood is suitable for family lifestyles due to good schools and a safe environment, the current listing price dramatically exceeds the fair value, positioning it as an overpriced family rental option. Families may seek more cost-effective alternatives, particularly given its limited yield of 3.5% amid rising housing costs. Buy-and-hold The buy-and-hold strategy may not be viable here as the property is overpriced at €1,150,000 against a fair value of €767,119, which undermines long-term investment potential. This substantial valuation gap suggests that future capital appreciation may not compensate for the initial investment cost, leading to suboptimal returns for investors.
[Tenant turnover risk] With a tenant stability score of only 70/100, there's a potential risk of higher tenant turnover, which could impact cash flow and increase vacancy rates if tenants frequently change.
