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, built in 1984, energy rating C. Located on rua Dom Marcos da Cruz, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Location Advantage: Positioned within walking distance to the beachfront and local cafes, enhancing the vibrant lifestyle of Matosinhos e Leça da Palmeira. Design Element: Features floor-to-ceiling windows promoting natural light throughout the living space.
The valuation. The asking price of €319,000 is significantly above fair value at €258,842, creating a disparity of €60,158, or 23.2%. This indicates the property is overpriced. Buy-to-flip angle. A resale strategy could focus on enhancing the property’s aesthetic with minor renovations, aiming to attract buyers willing to pay a premium above the current asking price. Buy-to-let angle. The gross yield of 3.6% at approximately €957/month suggests steady rental income potential, appealing to long-term families seeking a comfortable suburban environment close to Porto amenities.
Fair value modelled at €258,842 from 6 comparable sales in the area. Asking €319,000 sits €60,158 (23.2%) above — overpriced versus fair value.
Asking €319,000 versus the rua Dom Marcos da Cruz area baseline of €212,807 (€2,660/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 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 €212,807, adjusted for condition and micro-location, gives a modelled fair value of €258,842 (€3,236/m²), a €60,158 (23.2%) gap versus the €319,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Dom Marcos da Cruz | Subject | €319,000 | €3,988 | — | 82 | 73 |
| avenida da República, 823 | Active | €470,000 | €4,159 | 4.3% | 80 | 66 |
| avenida Dom Afonso Henriques | Active | €385,000 | €3,263 | 18.2% | 76 | 70 |
| Matosinhos e Leça da Palmeira · 938852 | Active | €385,000 | €3,208 | 19.5% | 74 | 66 |
| Matosinhos e Leça da Palmeira · 25f503 | Active | €399,000 | €4,385 | 10.0% | 73 | 70 |
| Median comp | €392,000 | €3,711 | 6.9% | 75 | 68 |
Long-term rental The property’s current asking price of €319,000 is 23.2% above its fair value, indicating it does not present a suitable opportunity for long-term rental investment. With a gross yield of only 3.6%, this elevated pricing diminishes the potential for attractive returns in the long-term rental market. Family rental While the property's condition (84/100) and neighborhood rating (73/100) suggest some appeal for family rental, the significant pricing gap of 23.2% against fair value makes it a less favorable option. Families seeking affordable and quality housing may be deterred by the overpriced listing of €319,000. Buy-and-hold Investing in this property as a buy-and-hold strategy may not be advisable given its fair value of €258,842 compared to the listing price of €319,000, presenting a potential capital loss risk. Although the location near Porto offers growth prospects, the 23.2% price discrepancy renders it less ideal for a sustainable buy-and-hold investment strategy.
Economic Downturn Risk The economic stability score of 75 indicates potential vulnerabilities to economic downturns that could impact rental income.
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