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 house of 218 m², built in 2002. Located on rua Padre Manuel Teixeira de Melo, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. This property features a versatile attic space, ideal for an office or leisure area, enhancing its functionality and appeal for modern family living.
The valuation. The asking price of €965,000 is significantly above the fair value of €694,640, indicating it is overpriced by €270,360 (38.9%). This discrepancy suggests caution for potential investors. Buy-to-flip angle. Given the high asking price, a buy-and-flip strategy may be challenging; the resale market would require a substantial increase over the current listing. Buy-to-let angle. The estimated rental income of €1,689 per month provides a gross yield of 2.1%, which is relatively low, making long-term rental less attractive for cash flow-focused investors.
Fair value modelled at €694,640 from 6 comparable sales in the area. Asking €965,000 sits €270,360 (38.9%) above — overpriced versus fair value.
Asking €965,000 versus the rua Padre Manuel Teixeira de Melo area baseline of €714,849 (€3,279/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 81/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €714,849, adjusted for condition and micro-location, gives a modelled fair value of €694,640 (€3,186/m²), a €270,360 (38.9%) gap versus the €965,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Manuel Teixeira de Melo | Subject | €965,000 | €4,427 | — | 75 | 66 |
| Perafita, Lavra e Santa Cruz do Bispo · 0dcf86 | Active | €795,000 | €2,839 | 35.9% | 75 | 73 |
| Perafita, Lavra e Santa Cruz do Bispo · 0dcd06 | Active | €375,000 | €6,250 | 41.2% | 75 | 68 |
| Perafita, Lavra e Santa Cruz do Bispo · 4d4165 | Active | €350,000 | €2,893 | 34.7% | 60 | 71 |
| Labruge · 468145 | Active | €1,500,000 | €3,480 | 21.4% | 85 | 65 |
| Median comp | €585,000 | €3,187 | 28.0% | 75 | 70 |
Long-term rental The property in Perafita is currently overpriced by 38.9%, making the projected gross yield of 2.1% unattractive for long-term rental investors seeking stable returns. Additionally, the neighbourhood score of 66/100 suggests moderate tenant quality, further limiting rental appeal in this market. Buy-and-hold Investing in this property for a buy-and-hold strategy may not be advisable, given its current valuation of €965,000 compared to a fair value of €694,640. The risk of capital depreciation is increased by the indicated overpricing, which could lead to diminished long-term gains for investors. Family rental As a family rental option, this property is overpriced and does not present a compelling opportunity, particularly with a gross yield of only 2.1%. The neighbourhood's amenities and access to services are moderately rated, which may dissuade families from choosing this location despite the property's size and condition. Not ideal for: This property is not suitable for short-term vacation rental, the luxury market, or student housing due to its high price and the limited attractiveness of the surrounding area.
Economic Exposure The property’s economic and tenant stability scores of 65/100 indicate a moderate risk of potential income fluctuations due to economic downturns or tenant turnover.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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