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 69 m² on the 3rd floor, built in 1993, energy rating E. Located on parque de Real, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment includes a cozy living room with a fireplace and a striking kitchen featuring modern appliances, enhancing both warmth and functionality in the living space.
The valuation. The asking price of €239,000 is below the fair value of €264,765, representing a discount of €25,765 (9.7%). This indicates that the property is currently underpriced in the market.
Fair value modelled at €264,765 from 6 comparable sales in the area. Asking €239,000 sits €25,765 (9.7%) below — the upside to fair value.
Asking €239,000 versus the parque de Real area baseline of €219,394 (€3,180/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €219,394, adjusted for condition and micro-location, gives a modelled fair value of €264,765 (€3,837/m²), a €25,765 (9.7%) gap versus the €239,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque de Real | Subject | €239,000 | €3,464 | — | 82 | 71 |
| rua de Tânger | Active | €345,000 | €4,423 | 27.7% | 76 | 81 |
| avenida Afonso Henriques, 930 | Active | €390,000 | €3,939 | 13.7% | 80 | 72 |
| travessa Avilhó, 23 | Active | €265,000 | €3,681 | 6.3% | 80 | 67 |
| alameda da Azenha de Cima | Active | €310,000 | €3,735 | 7.8% | 75 | 72 |
| Median comp | €327,500 | €3,837 | 10.8% | 78 | 72 |
Long-term rental This property presents a promising long-term rental opportunity, given its 5.1% gross yield, which is attractive in the current market. The ideal condition rating of 80/100 further enhances its appeal to potential tenants seeking comfortable living in Matosinhos. Buy-and-hold Investing in this property offers a strategic buy-and-hold opportunity, as its fair value of €264,765 indicates potential appreciation in the future. Coupled with the steady demand for rentals in the area, this investment is well-positioned for capital gains over time. Family rental As a family rental, this apartment benefits from a good location with access to amenities and employment opportunities in Porto, making it appealing to long-term residents. The neighborhood's solid tenant quality, rated 71/100, supports the likelihood of reliable rental income from families. Not ideal for short-term vacation rental Due to the suburban characteristics of Matosinhos e Leça da Palmeira, this property is not well-suited for the short-term vacation rental market. Its potential appeal lies more in long-term tenancy rather than transient stays. Not ideal for luxury market This property does not align with the expectations of the luxury market, as indicated by its fair value and rental yield. The overall condition and neighborhood ratings suggest it serves a more modest demographic rather than high-end consumers.
Tenant turnover risk With a tenant stability score of 65/100, there is a moderate risk of higher tenant turnover, which could lead to increased vacancy rates and potential loss of rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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