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 80 m² on the 5th floor, energy rating A. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment boasts a fully equipped kitchen featuring Bosch appliances, and includes a convenient laundry area with a washing machine, enhancing practical living. Condições: Propriedade apresenta desgaste leve em detalhes menores.
The valuation. The asking price of €595,000 is significantly above the fair value of €452,000, presenting an excess of €143,000, or 31.6%. This indicates the property is overpriced in the current market. Buy-to-flip angle. Given the high-quality finishes and appealing layout, a buy-to-flip strategy could target a resale price that aligns better with market expectations, leveraging renovations or staging if desired. Buy-to-let angle. With a projected gross yield of 2.8% from estimated rental income of €1,388/month, this property offers potential for consistent returns in a stable rental market, appealing to long-term tenants.
Fair value modelled at €452,000 from 5 comparable sales in the area. Asking €595,000 sits €143,000 (31.6%) above — overpriced versus fair value.
Asking €595,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €385,536 (€4,819/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 83/100 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 €385,536, adjusted for condition and micro-location, gives a modelled fair value of €452,000 (€5,650/m²), a €143,000 (31.6%) gap versus the €595,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 86cc23 | Subject | €595,000 | €7,438 | — | 78 | 74 |
| rua Afonso Cordeiro | Active | €565,000 | €5,765 | 22.5% | 86 | 70 |
| praça do Império | Active | €900,000 | €6,040 | 18.8% | 80 | 70 |
| Lordelo do Ouro e Massarelos · 4a429b | Active | €955,000 | €5,190 | 30.2% | 77 | 71 |
| rua de Bartolomeu Velho | Active | €895,000 | €5,491 | 26.2% | 79 | 70 |
| Median comp | €897,500 | €5,628 | 24.3% | 80 | 70 |
Long-term rental This property, listed at €595,000, is overpriced by 31.6% compared to its fair value of €452,000, which diminishes its attractiveness for long-term rental investments. Furthermore, the gross yield of 2.8% is not sufficiently compelling, particularly in a suburban area where better opportunities may exist. Family rental With a fair value significantly lower at €452,000, the €595,000 listing price indicates that this property is overpriced and may not align with the budget constraints typical of family renters. Despite the neighborhood’s decent amenities and quality ratings, the inflated price point could limit the potential tenant pool. Buy-and-hold Although the apartment’s condition is rated 83/100 and the neighborhood has a reasonable score of 74/100, the property is overpriced by 31.6%, potentially hindering long-term appreciation. Investors might find better value in similar properties that are priced closer to their fair value, ensuring a more secure buy-and-hold strategy. Not ideal for short-term vacation rental Given the property’s pricing above fair value, it is not suited for short-term vacation rentals, as this market typically demands competitive pricing and value. The prevailing high cost reduces the attractiveness to potential short-term clients seeking value. Not ideal for student housing The high listing price of €595,000 means this apartment is overpriced and therefore unsuitable for the student housing market, which generally relies on affordability. The significant gap from its fair value makes it less appealing for budget-conscious students.
Economic Fluctuation Risk A moderate economic stability score of 75/100 indicates potential vulnerability to downturns, which could affect tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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