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, 2-bathroom apartment of 110 m² on the 2nd floor, energy rating D. Located on travessa de Miguel Duarte Caturro, 22, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. The property features two balconies providing exceptional solar exposure, and is just 500 meters from the beach, enhancing its appeal for ocean enthusiasts.
The valuation. The asking price of €479,000 is significantly above fair value, which is estimated at €429,681. This €49,319 (11.5%) discrepancy indicates that the property is overpriced.
Fair value modelled at €429,681 from 6 comparable sales in the area. Asking €479,000 sits €49,319 (11.5%) above — overpriced versus fair value.
Asking €479,000 versus the travessa de Miguel Duarte Caturro, 22 area baseline of €433,860 (€3,944/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €433,860, adjusted for condition and micro-location, gives a modelled fair value of €429,681 (€3,906/m²), a €49,319 (11.5%) gap versus the €479,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| travessa de Miguel Duarte Caturro, 22 | Subject | €479,000 | €4,355 | — | 76 | 74 |
| avenida da Praia de Angeiras | Active | €400,000 | €5,714 | 31.2% | 70 | 73 |
| rua do Areal, 307 | Active | €450,000 | €4,500 | 3.3% | 75 | 74 |
| rua do Rio Onda, 146 | Active | €380,000 | €3,762 | 13.6% | 75 | 65 |
| rua da Praia S / N | Active | €412,000 | €2,658 | 39.0% | 78 | 72 |
| Median comp | €406,000 | €4,131 | 5.1% | 75 | 73 |
Long-term rental The property in Perafita is not ideal for long-term rental investment due to its 11.5% gap above the fair value of €429,681, making it an overpriced option that may struggle to attract quality tenants. With a gross yield of only 2.4% and a decent neighborhood score of 74/100, the potential for strong rental income is limited. Buy-and-hold Investing in this 3-bed apartment for a buy-and-hold strategy may not be prudent given its overpriced status and the current economic indicators in Matosinhos that do not favor significant appreciation. Despite a housing condition score of 78/100, the risk of stagnation in investment returns makes this approach less appealing. Family rental While the apartment offers ample space for a family, its overpriced nature at €479,000 creates a hurdle for potential renters who may seek more value for their money. Additionally, the moderate yield of 2.4% in a neighborhood rated 74/100 suggests limited competitive advantage in the family rental market.
Tenant turnover risk High tenant turnover due to a lower Tenant Stability score of 75/100 could lead to increased vacancy periods and associated costs.
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