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 131 m² on the 1st floor, built in 2007, energy rating B. Located on rua Professor Ofélia da Cruz Costa, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment offers a dedicated heat recovery system in the living area, providing efficient heating while enjoying picturesque sea views throughout the year.
The valuation. The asking price of €490,000 exceeds the fair value of €413,447 by €76,553 (15.6%), indicating that the property is overpriced. This discrepancy suggests that potential buyers might seek a more favorable pricing structure.
Fair value modelled at €413,447 from the area baseline, adjusted for condition and location. Asking €490,000 sits €76,553 (15.6%) above — overpriced versus fair value.
Asking €490,000 versus the rua Professor Ofélia da Cruz Costa area baseline of €433,610 (€3,310/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 82 · Materials 80 · Room dimensions 76). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 78/100 (Housing Market 75 · Amenities 80 · Economic 80 · Tenant Quality 75). Strong amenities and housing-market momentum support a premium to baseline.
rua Professor Ofélia da Cruz Costa
Area baseline €433,610 + condition +€8,188 + location +€40,818 = modelled fair value of €413,447 (€3,156/m²), a €76,553 (15.6%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Ofélia da Cruz Costa | Subject | €490,000 | €3,740 | — | 82 | 78 |
| Perafita, Lavra e Santa Cruz do Bispo · 4a81d5 | Active | €485,000 | €3,943 | 5.4% | 77 | 72 |
| travessa de Miguel Duarte Caturro, 50 | Active | €480,000 | €2,791 | 25.4% | 78 | 68 |
| Perafita, Lavra e Santa Cruz do Bispo · 956916 | Active | €375,000 | €3,319 | 11.3% | 70 | 68 |
| rua da Agudela | Active | €370,000 | €4,353 | 16.4% | 72 | 69 |
| Median comp | €427,500 | €3,631 | 2.9% | 75 | 69 |
Long-term rental The 2-bed apartment in Perafita is currently overpriced by 15.6% compared to its fair value, making it a less attractive option for long-term rental investments. With a gross yield of only 2.7%, the financial return is limited despite the location's proximity to Porto and its amenities. Family rental While the apartment may appeal to families due to its urban setting and good school ratings, it remains overpriced at €490,000, outstripping its evaluated fair value. The 2.7% yield also indicates that this property could strain family budgets amid rising living costs. Buy-and-hold As a buy-and-hold investment, this apartment's significant 15.6% price gap suggests it is not appropriately priced for long-term appreciation. Given the low yield and current market conditions, this strategy may lead to suboptimal returns in the future. Not ideal for short-term vacation rental The property’s pricing and yield make it an unsuitable candidate for short-term vacation rentals, as the expected returns do not justify the investment. A focus on family or long-term rentals may be more appropriate, but these options are similarly hindered by the apartment’s overpriced status.
Tenant turnover risk High tenant turnover could arise from the 75/100 tenant stability score, potentially leading to increased vacancy rates and leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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