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 120 m², built in 2000, energy rating B. Located on rua Brito Capelo, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy features: This apartment includes two dedicated parking spaces and a storage unit, enhancing convenience in a central urban setting. Rendimento: Currently rented with a long-term contract at €1500/month.
The valuation. The asking price of €600,000 is significantly above the fair value of €225,264, representing an overpriced situation by €374,736 (62.5%). This property fails to meet financial expectations based on its current valuation. Buy-to-flip angle. Given its overpriced status, the buy-to-flip strategy may struggle, as reselling would require significant price reductions to attract buyers in a competitive market. The current condition rated at 0/100 severely hampers potential renovation profits. Buy-to-let angle. The estimated rental income of €1,600/month provides a gross yield of 3.2%, which is relatively low for long-term investments. This suggests that the apartment may not generate sufficient cash flow for sustainable investment.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Brito Capelo | Subject | €600,000 | €5,000 | — | — | 74 |
| Matosinhos e Leça da Palmeira · 49b66a | Active | €410,000 | €4,767 | 4.7% | 75 | 73 |
| rua do Carvalho, 102H | Active | €585,000 | €4,179 | 16.4% | 73 | 79 |
| Aldoar, Foz Do Douro e Nevogilde · 03258f | Active | €1,100,000 | €6,918 | 38.4% | 78 | 73 |
| Aldoar, Foz Do Douro e Nevogilde · 6fb95e | Active | €699,000 | €7,854 | 57.1% | 75 | 78 |
| Median comp | €642,000 | €5,843 | 16.9% | 75 | 76 |
Long-term rental The 2-bed apartment in Matosinhos e Leça da Palmeira is significantly overpriced at €600,000, with a fair value estimate of only €225,264 reflecting a 62.5% gap. While the area benefits from proximity to Porto and a respectable neighbourhood rating of 74/100, the low yield of 3.2% and poor condition suggest that this property may not meet the financial criteria for long-term rental success. Family rental This property's high listing price presents a challenge for family rental strategy, given its valuation gap of 62.5% compared to fair value. Despite the community's solid safety and school quality, the gross yield of 3.2% and the current condition rating of 0/100 make it a less attractive option for families seeking rental accommodations. Buy-and-hold Investing in this 2-bed apartment as a buy-and-hold asset is questionable due to its current overvaluation at €600,000 against a fair value of €225,264, indicating a 62.5% discrepancy. The low gross yield of 3.2% coupled with the apartment's poor condition suggests that potential long-term appreciation may be insufficient to justify this investment strategy.
Economic Vulnerability The economic stability score of 70/100 indicates that there is a risk of economic downturns affecting rental income and property values.**
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