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, 2-bathroom apartment of 122 m² on the 8th floor, built in 1989, energy rating D. Located on avenida da República, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Unique Opportunity: The property includes a living room balcony with unobstructed sea views and is ideally situated just a minute's walk from the Matosinhos Metro station.
The valuation. The asking price is €2,709 (0.6%) above fair value, which is set at €422,291. This suggests the property is fairly priced, offering potential stability in investment.
Fair value modelled at €422,291 from 6 comparable sales in the area. Asking €425,000 sits €2,709 (0.6%) above — overpriced versus fair value.
Asking €425,000 versus the avenida da República area baseline of €414,223 (€3,571/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 63/100 is below the parish average, reducing 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 €414,223, adjusted for condition and micro-location, gives a modelled fair value of €422,291 (€3,640/m²), a €2,709 (0.6%) gap versus the €425,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida da República | Subject | €425,000 | €3,664 | — | 55 | 70 |
| avenida Serpa Pinto | Active | €359,000 | €4,080 | 11.3% | 55 | 67 |
| rua de Gondarém | Active | €550,000 | €4,167 | 13.7% | 60 | 76 |
| Matosinhos e Leça da Palmeira · 1e6548 | Active | €557,290 | €3,259 | 11.0% | — | 69 |
| Ramalde · b7c0dd | Active | €324,900 | €2,499 | 31.8% | 58 | 71 |
| Median comp | €454,500 | €3,670 | 0.2% | 58 | 70 |
Long-term rental The property offers a gross yield of 4.4%, making it an attractive option for long-term rental in the suburban area of Matosinhos e Leça da Palmeira. With a fair value closely matching the listing price, the investment aligns with market expectations and provides stable rental income potential. Family rental This 3-bed apartment is well-suited for family rental, given the well-regarded schools and low crime norms in the neighbourhood. Its fair pricing and good condition rating provide a solid foundation for drawing families seeking long-term housing in a suburban setting. Buy-and-hold With this property priced fairly at €425,000 near a fair value of €422,291, it represents a stable buy-and-hold investment in a growing suburban market. The combination of a decent gross yield and access to urban amenities enhances its long-term appreciation potential.
Potential Decline in Economic Performance The economic stability score of 70 suggests there may be vulnerabilities in the local economy, which could negatively impact rental income and tenant demand over time.**
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