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.
2-bedroom, 2-bathroom apartment of 117 m² on the 4th floor, built in 2000, energy rating D. Located on rua Luísa Neto Jorge, 286, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment features a spacious living room with a cozy fireplace and direct access to a balcony offering stunning sea views and excellent sun exposure.
The valuation. The asking price of €369,000 sits significantly above fair value at €290,567, representing an overpricing of €78,433 (27.0%). This valuation indicates that potential investors may be facing an inflated price for the property.
Fair value modelled at €290,567 from 6 comparable sales in the area. Asking €369,000 sits €78,433 (27.0%) above — overpriced versus fair value.
Asking €369,000 versus the rua Luísa Neto Jorge, 286 area baseline of €229,647 (€1,963/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €229,647, adjusted for condition and micro-location, gives a modelled fair value of €290,567 (€2,483/m²), a €78,433 (27.0%) gap versus the €369,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Luísa Neto Jorge, 286 | Subject | €369,000 | €3,154 | — | 75 | 65 |
| Matosinhos e Leça da Palmeira · f5eaca | Active | €465,000 | €3,059 | 3.0% | 80 | 69 |
| avenida Doutor Fernando Aroso S / N | Active | €380,000 | €2,533 | 19.7% | 70 | 71 |
| Matosinhos e Leça da Palmeira · e40af6 | Active | €275,000 | €2,434 | 22.8% | 73 | 66 |
| rua Alfredo Cunha | Active | €299,000 | €2,182 | 30.8% | 70 | 67 |
| Median comp | €339,500 | €2,484 | 21.3% | 72 | 68 |
Long-term rental The 2-bed apartment in Matosinhos e Leça da Palmeira is currently listed at €369,000, which is 27% above its fair value of €290,567, indicating a significant overpricing risk for long-term rental investors. With a gross yield of 3.9% and a neighbourhood score of 65/100, the property’s potential for consistent rental income may not justify the elevated purchase price. Family rental Considering the high listing price of €369,000, 27% above the fair value of €290,567, this property may present a challenge for family rental prospects given its overpriced position. The neighbourhood's amenities and tenant stability could be attractive, but they may not sufficiently offset the financial viability impacted by this overpricing. Buy-and-hold At a listing price of €369,000, which exceeds the fair value by 27%, investing in this Matosinhos e Leça da Palmeira apartment for a buy-and-hold strategy seems less advantageous. While the proximity to Porto ensures economic stability, the current overpricing could hinder long-term value appreciation and returns on investment.
Economic Dependence Risk The economic stability score of 65 indicates potential vulnerabilities in economic conditions that may adversely affect rental income and tenant retention.
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