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 238 m² on the 3rd floor, built in 2011, energy rating A. Located on rua Irene Vilar, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This property includes an independent laundry room and three dedicated parking spaces, enhancing both convenience and functionality in everyday living.
The valuation. The asking price of €1,190,000 is approximately 7.4% below the fair value of €1,284,622. This indicates that the property is fairly priced within the current market conditions.
Fair value modelled at €1,284,622 from 6 comparable sales in the area. Asking €1,190,000 sits €94,622 (7.4%) below — the upside to fair value.
Asking €1,190,000 versus the rua Irene Vilar area baseline of €1,068,603 (€4,490/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 €1,068,603, adjusted for condition and micro-location, gives a modelled fair value of €1,284,622 (€5,398/m²), a €94,622 (7.4%) gap versus the €1,190,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Irene Vilar | Subject | €1,190,000 | €5,000 | — | 85 | 73 |
| Aldoar, Foz Do Douro e Nevogilde · 937573 | Active | €1,100,000 | €5,978 | 19.6% | 85 | 72 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 9.8% | 79 | 70 |
| avenida da Boavista, 67 | Active | €680,000 | €4,690 | 6.2% | 74 | 76 |
| rua Afonso Cordeiro | Active | €565,000 | €5,765 | 15.3% | 86 | 70 |
| Median comp | €787,500 | €5,628 | 12.6% | 82 | 71 |
Long-term rental The property presents a relatively low gross yield of 2.9%, indicating modest income potential for a long-term rental investment. However, given its fair valuation and the quality of the neighborhood, it remains a stable option for long-term tenants seeking proximity to Porto amenities. Family rental This spacious 3-bedroom apartment, while fairly valued, may not yield high returns, but it offers a suitable living space for families due to its size and condition rating of 85/100. The proximity to Greater Porto and family-friendly amenities makes it a solid choice for long-term habitation by families. Buy-and-hold Holding this property is justifiable at its fair value of €1,190,000, as its location and neighborhood rating of 73/100 can facilitate steady appreciation over time. While the yield is modest at 2.9%, the potential for long-term growth aligns well with a buy-and-hold strategy. Not ideal for short-term vacation rental Given the apartment's fair value and modest yield, it is not well-positioned to attract the short-term vacation rental market, which typically demands higher returns. Additionally, the larger residential focus in the area limits the appeal for transient rentals. Not ideal for luxury market Despite the apartment's good condition, it does not align with luxury market expectations given its value relative to the high-end offerings in nearby Porto. The fair valuation indicates that there are more attractive luxury investment options available in the region.
Tenant turnover risk High tenant turnover may occur due to the moderate tenant stability score of 70/100, potentially leading to increased vacancy rates and associated costs.
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