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, 1-bathroom house of 190 m², built in 1977. Located on rua Joaquim Madureira, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The property includes construction potential for 5 to 6 new houses, making it an attractive investment opportunity in a rapidly developing area of Leça da Palmeira.
The valuation. The asking price of €590,000 is significantly above fair value, which is calculated at €464,205, creating a discrepancy of €125,795 (27.1%). This indicates the property is overpriced.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Joaquim Madureira | Subject | €590,000 | €3,105 | — | — | 68 |
| Custóias, Leça do Balio e Guifões · 483b65 | Active | €420,000 | €2,386 | 23.2% | 70 | 71 |
| Custóias, Leça do Balio e Guifões · 483b76 | Active | €550,000 | €2,500 | 19.5% | 78 | 69 |
| rua Conde Vila Flor, 132 | Active | €720,000 | €2,535 | 18.4% | 69 | 76 |
| Perafita, Lavra e Santa Cruz do Bispo · 90d7cf | Active | €280,000 | €1,073 | 65.5% | 70 | 60 |
| Median comp | €485,000 | €2,443 | 21.3% | 70 | 70 |
Long-term rental The long-term rental strategy is not advisable due to the property's gross yield of only 2.4%, which reflects a lack of potential for significant income generation. Furthermore, the property's listing price of €590,000 exceeds the fair value by 27.1%, indicating it is overpriced compared to market conditions. Buy-and-hold Investing in this property as a buy-and-hold asset is not recommended, given that its condition is rated 0/100, suggesting substantial immediate maintenance needs. Additionally, with the property priced at €590,000 against a fair value of €464,205, it is clear this investment is overpriced, which could hamper long-term growth prospects. Family rental The family rental strategy is compromised as the property is overpriced at €590,000, significantly above its fair value of €464,205, limiting its attractiveness to potential renters. Also, with a relative neighborhood quality rating of 68/100, it may not appeal enough to families seeking high-quality rentals. Not ideal for: Short-term vacation rental, Luxury market, Student housing
Tenant turnover risk High tenant turnover may occur due to a combined economic stability score of 70 and tenant stability score of 70, indicating a potentially unstable rental environment.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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