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 170 m² on the 8th floor, built in 2005, energy rating B. Located on rua Doutor Manuel Rodrigues de Sousa, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy features: The apartment includes a spacious garage, ensuring convenient parking in a prime central location near the beach and all essential services, enhancing overall urban living experience.
The valuation. The asking price of €670,000 is €71,576 (12.0%) above the fair value of €598,424. Although the valuation is fair, it indicates possible limited negotiation power for buyers.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Manuel Rodrigues de Sousa | Subject | €670,000 | €3,941 | — | — | 73 |
| Matosinhos e Leça da Palmeira · 6eb952 | Active | €549,000 | €2,815 | 28.6% | — | 69 |
| avenida Doutor Salgado Zenha S / N | Active | €480,000 | €2,857 | 27.5% | 72 | 67 |
| Matosinhos e Leça da Palmeira · f36334 | Active | €555,000 | €3,750 | 4.9% | 74 | 71 |
| rua Teixeira de Pascoaes | Active | €358,000 | €3,729 | 5.4% | 75 | 68 |
| Median comp | €514,500 | €3,293 | 16.4% | 74 | 69 |
Long-term rental Given the gross yield of 4.1% and a fair value of €598,424, this property remains fairly priced at €670,000, appealing to steady revenue-generation strategies. The neighborhood's respectable score of 73/100 indicates a reliable tenant pool, perfect for long-term rental prospects. Family rental With its spacious 170m² layout and proximity to urban amenities, this property serves as a strong candidate for families seeking residences in a balanced suburban location. However, the fair valuation of €598,424 suggests that at €670,000, it is not a bargain, indicating cautious investment consideration. Buy-and-hold Investing in this apartment as a buy-and-hold option is feasible given the overall neighborhood appeal and stable yield; however, the current pricing reflects a 12.0% premium over its fair value. While the location benefits from its suburban setting and community features, potential investors should weigh the property’s fair status before committing. Not ideal for Luxury market The apartment's metrics do not align with the luxury market, largely due to its condition rating of 0/100 and the overall property pricing that overshadows high-end expectations. The lower tenant quality perception may limit the attractiveness to affluent clientele. Not ideal for Short-term vacation rental This property, given its fair valuation, lacks the characteristics that typically generate strong returns in the short-term vacation market. Additionally, the moderate neighborhood score suggests that it may not attract the steady demand necessary for a successful short-term rental operation.
Economic Dependence Risk The economic stability score of 80/100 indicates a strong economy, but the tenant stability score of 75/100 suggests potential volatility in tenant retention, which could impact cash flow if turnover rates increase significantly.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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