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.
3-bedroom, 3-bathroom apartment of 138 m², energy rating C. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Unique feature: The apartment offers unobstructed ocean views and immediate access to the beachfront promenade, enhancing the coastal lifestyle experience. Condition note: Requires minor repairs in some areas to maintain its appeal.
The valuation. The asking price of €895,000 is positioned slightly above fair value at €878,696, reflecting a premium of €16,304 (1.9%). While the property is well-priced, it doesn't represent an investment bargain. Buy-to-flip angle. Given the competitive market and quality finishes, a resale strategy could see significant returns after minor cosmetic upgrades, appealing to buyers drawn to upscale living. A target of 5-10% markup seems viable. Buy-to-let angle. With an estimated gross yield of 2% at €1,492 per month, this property is positioned for long-term rentals. Its solid condition and desirable location near Porto enhance its potential to attract stable tenants.
Fair value modelled at €878,696 from 6 comparable sales in the area. Asking €895,000 sits €16,304 (1.9%) above — overpriced versus fair value.
Asking €895,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €793,791 (€5,752/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €793,791, adjusted for condition and micro-location, gives a modelled fair value of €878,696 (€6,367/m²), a €16,304 (1.9%) gap versus the €895,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 8ee356 | Subject | €895,000 | €6,486 | — | 75 | 73 |
| rua Roberto Ivens | Active | €1,100,000 | €7,285 | 12.3% | 74 | 73 |
| avenida Brasil | Active | €895,000 | €6,581 | 1.5% | 85 | 78 |
| Aldoar, Foz Do Douro e Nevogilde · 956f77 | Active | €1,600,000 | €6,154 | 5.1% | 75 | 72 |
| rua Doutor Jacinto Nunes S / N | Active | €850,000 | €7,265 | 12.0% | 85 | 75 |
| Median comp | €997,500 | €6,923 | 6.7% | 80 | 74 |
Long-term rental The property offers a stable investment opportunity in a suburban area with a reasonable tenant pool, reflected in the 73/100 neighborhood rating. With a fair value gap of only 1.9%, the apartment provides a consistent yield of 2%, making it suitable for long-term rental strategies. Family rental This spacious 3-bed apartment stands out in a family-oriented neighborhood, as indicated by its decent amenities and overall condition score of 79/100. Its close proximity to Porto enhances its appeal to families looking for comfortable living spaces, while maintaining a fair pricing stance. Buy-and-hold Holding this property for the long term could capitalize on the stable demand driven by the suburbs of Matosinhos e Leça da Palmeira, complemented by its current yield of 2%. The fair valuation indicates that while it is not a bargain, it provides a solid foundation for a buy-and-hold investment approach. Not ideal for short-term vacation rental Given the suburban residential nature of the location, the apartment does not fit the typical profile for short-term vacation rentals, as demand is stronger for urban centers. The investment's appeal is more aligned with long-term rental strategies, limiting its potential in the vacation market. Not ideal for luxury market With a fair value close to its listing price and a yield of only 2%, this property may not meet the expectations of the luxury market. Its average neighborhood rating indicates that it lacks the exclusivity and value appreciation typically sought after in high-end investments.
Economic vulnerability With both economic and tenant stability scores at 75/100, there is a moderate risk of potential downturns impacting rental income and property value.
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