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 apartment of 172 m² on the 8th floor, built in 1997, energy rating E. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This property benefits from a concierge service and a robust security system, ensuring both convenience and safety for residents in a quiet, private environment.
The valuation. The asking price of €680,000 is €110,421 (19.4%) above the fair value of €569,579, indicating that this property is overpriced and may require buyers to negotiate down to align with market expectations.
Fair value modelled at €569,579 from 6 comparable sales in the area. Asking €680,000 sits €110,421 (19.4%) above — overpriced versus fair value.
Asking €680,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €467,921 (€2,720/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €467,921, adjusted for condition and micro-location, gives a modelled fair value of €569,579 (€3,312/m²), a €110,421 (19.4%) gap versus the €680,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 86cd31 | Subject | €680,000 | €3,953 | — | 72 | 74 |
| Aldoar, Foz Do Douro e Nevogilde · 4bc341 | Active | €795,000 | €4,466 | 13.0% | 78 | 73 |
| praceta Bernardo Santareno S / N | Active | €750,000 | €3,363 | 14.9% | 74 | 72 |
| rua do Godinho | Active | €495,000 | €3,235 | 18.2% | 74 | 73 |
| rua Godinho, 863 | Active | €495,000 | €3,094 | 21.7% | 75 | 72 |
| Median comp | €622,500 | €3,299 | 16.6% | 75 | 73 |
Long-term rental The property is overpriced at €680,000 compared to its fair value of €569,579, resulting in a gap of 19.4%. With a gross yield of only 3.6%, this investment lacks the financial appeal usually sought in long-term rental strategies. Family rental Given its condition rating of 74/100 and a neighborhood quality of 74/100, the property may attract families seeking long-term rentals. However, at €680,000, the property is overpriced and may present challenges in securing tenants relative to the fair value of €569,579. Buy-and-hold Investing in this property as a buy-and-hold strategy is unwise, as it is priced 19.4% above its fair value of €569,579. The combination of low yield and high purchase price suggests that future appreciation will not justify the current investment cost, making it an unattractive option in the buy-and-hold context.
Economic Vulnerability The property has a moderate economic stability score of 70/100, indicating potential exposure to economic downturns that could affect rental income.
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