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 apartment of 81 m² on the 3rd floor, built in 1972, energy rating C. Located on rua António Aleixo, 222, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This apartment features a sunroom off the kitchen, enhancing natural light and outdoor connectivity, while its third-floor location benefits from a pleasant view despite lacking an elevator.
The valuation. The asking price of €259,000 is significantly above fair value, which is assessed at €200,854, representing a difference of €58,146 (28.9%). The property is therefore categorized as overpriced.
Fair value modelled at €200,854 from 6 comparable sales in the area. Asking €259,000 sits €58,146 (28.9%) above — overpriced versus fair value.
Asking €259,000 versus the rua António Aleixo, 222 area baseline of €177,044 (€2,186/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 €177,044, adjusted for condition and micro-location, gives a modelled fair value of €200,854 (€2,480/m²), a €58,146 (28.9%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Aleixo, 222 | Subject | €259,000 | €3,198 | — | 65 | 74 |
| rua Dom Jerónimo de Azevedo | Active | €315,000 | €2,423 | 24.2% | 65 | 69 |
| rua de Oslo | Active | €239,900 | €2,666 | 16.6% | 64 | 66 |
| São Mamede de Infesta e Senhora da Hora · 23f2d6 | Active | €315,000 | €2,368 | 25.9% | 68 | 72 |
| travessa Alto do Viso, 102 | Active | €260,000 | €2,600 | 18.7% | 75 | 66 |
| Median comp | €287,500 | €2,512 | 21.5% | 67 | 68 |
Long-term rental The 3-bed apartment in Matosinhos e Leça da Palmeira is priced at €259,000, significantly above its fair value of €200,854, creating a gap of 28.9%. With a gross yield of 4.2%, the investment does not present a compelling case for long-term rental due to the above-market pricing. Family rental Given that the property is categorized as overpriced, with a fair value significantly lower than the listing price, it may deter families seeking affordable housing options. The acceptable neighborhood rating of 74/100 is negated by the overvaluation, making it less attractive for long-term family rentals. Buy-and-hold Investing in this apartment for a buy-and-hold strategy may not yield favorable returns, as the current price of €259,000 is over the fair value estimate of €200,854. The combination of a decent gross yield of 4.2% and a condition rating of 63/100 does not justify the existing price, suggesting potential losses in capital appreciation over time.
Economic and Tenant Instability The property has a combined economic and tenant stability score of 70/100, indicating a potential risk of fluctuating rental income and tenant turnover.
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