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.
4-bedroom, 5-bathroom apartment of 191 m², built in 2013. Located on rua das Areias, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment includes a spacious basement that can be transformed into a cinema room or gym, in addition to a rare large private yard directly facing the sea.
The valuation. The asking price of €1,100,000 exceeds the fair value of €781,414 by €318,586 (40.8%), indicating that this property is overpriced. This significant disparity raises concerns regarding its investment potential.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua das Areias | Subject | €1,100,000 | €5,759 | — | — | 80 |
| Matosinhos e Leça da Palmeira · 001668 | Active | €820,000 | €4,686 | 18.6% | — | 69 |
| rua Ocidental | Active | €475,000 | €3,626 | 37.0% | 68 | 71 |
| Matosinhos e Leça da Palmeira · ade6ec | Active | €1,100,000 | €4,120 | 28.5% | 80 | 81 |
| rua Armando Leça, 155 | Active | €1,950,000 | €4,063 | 29.5% | 75 | 69 |
| Median comp | €960,000 | €4,092 | 29.0% | 75 | 70 |
Long-term rental The 4-bed apartment in Perafita is overpriced by 40.8%, with a fair value significantly lower than the listing price of €1,100,000. Furthermore, the lack of gross yield and poor condition score suggest it may not deliver the expected returns for long-term rental investors. Buy-and-hold Considering the property’s current valuation of €1,100,000 compared to a fair value of €781,414, it appears to be a poor buy-and-hold investment. The essential lack of yield and undesirable condition of the apartment further diminish its potential as a stable asset over time. Family rental With a listing price of €1,100,000 that is 40.8% above fair value, this property is not a suitable choice for family rental strategies. Additionally, the property’s zero yield and need for significant improvement imply that it may not attract long-term tenants effectively.
Economic Dependence Risk: With both economic and tenant stability scores at 80/100, there is a moderate risk of an economic downturn affecting tenant retention and rental income.
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