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 98 m² on the 1st floor, built in 2024, energy rating A. Located on rua Afonso Cordeiro, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment includes high-end Siemens kitchen appliances and has underfloor heating for added comfort, enhancing both functionality and luxury in daily living.
The valuation. The asking price of €565,000 is €36,038 (6.8%) above the fair value of €528,962, placing this property at a fair valuation overall. Buy-to-flip angle. A resale strategy could realize profits by leveraging the high-quality finishes in a competitive market, appealing to buyers seeking luxury. Buy-to-let angle. With an estimated gross yield of 2.8%, the potential rental income of approximately €1,318/month positions this property favorably for long-term rental, especially in a location with nearby amenities.
Fair value modelled at €528,962 from 6 comparable sales in the area. Asking €565,000 sits €36,038 (6.8%) above — overpriced versus fair value.
Asking €565,000 versus the rua Afonso Cordeiro area baseline of €451,327 (€4,605/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 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 €451,327, adjusted for condition and micro-location, gives a modelled fair value of €528,962 (€5,398/m²), a €36,038 (6.8%) gap versus the €565,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Cordeiro | Subject | €565,000 | €5,765 | — | 86 | 70 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 4.8% | 79 | 70 |
| Matosinhos e Leça da Palmeira · 023b52 | Active | €850,000 | €6,296 | 9.2% | 82 | 80 |
| Ramalde · 4bc1b5 | Active | €610,000 | €5,304 | 8.0% | 83 | 70 |
| Matosinhos e Leça da Palmeira · 49b887 | Active | €595,000 | €7,438 | 29.0% | 80 | 74 |
| Median comp | €730,000 | €5,894 | 2.2% | 81 | 72 |
Long-term rental The apartment's fair value of €528,962 indicates a minimal gap of 6.8% compared to the listing price, suggesting a steady long-term investment in a well-located area. With a gross yield of 2.8%, it offers fair potential for stable rental income with moderate appreciation prospects in the dynamic Porto metro market. Student housing Given the proximity to amenities and employment opportunities in the Porto metro area, this 3-bed apartment can attract students and young professionals, ensuring consistent demand. The neighbourhood's rating of 70/100 signifies a decent tenant quality, further supporting its viability as a student housing option. Buy-and-hold As a buy-and-hold investment, this property is positioned fairly with respect to its valuation and boasts strong location attributes that contribute to long-term value retention. Despite a modest gross yield of 2.8%, the solid condition rating of 85/100 underscores its appeal in the competitive real estate market of Matosinhos and Leça da Palmeira.
Tenant turnover risk With a tenant stability score of 65/100, there's a significant risk of frequent tenant turnover, potentially leading to increased vacancy rates and higher costs for tenant acquisition.
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