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 155 m² on the 4th floor, built in 1988, energy rating B. Located on rua Álvaro Castelões, 518, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment includes a climate-controlled wine cellar with two temperature zones and a pellet stove in the living room for enhanced comfort and ambiance.
The valuation. The asking price of €485,000 sits €43,308 (9.8%) above the fair value of €441,692. This property is assessed to be fairly priced considering the high-grade materials and finishes throughout. Buy-to-flip angle. A buy-to-flip strategy can thrive here with an anticipated resale price increase driven by the property's quality and desirable location. Quick renovations can maximize returns before bringing the property to market. Buy-to-let angle. This apartment presents a solid buy-to-let opportunity with an estimated gross yield of 4%, generating around €1,617 per month. The family-oriented suburban setting near Porto enhances tenant demand, ensuring consistent rental income.
Fair value modelled at €441,692 from 6 comparable sales in the area. Asking €485,000 sits €43,308 (9.8%) above — overpriced versus fair value.
Asking €485,000 versus the rua Álvaro Castelões, 518 area baseline of €314,489 (€2,029/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 €314,489, adjusted for condition and micro-location, gives a modelled fair value of €441,692 (€2,850/m²), a €43,308 (9.8%) gap versus the €485,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Álvaro Castelões, 518 | Subject | €485,000 | €3,129 | — | 85 | 75 |
| praça de São Miguel Arcanjo | Active | €530,000 | €2,732 | 12.7% | 80 | 73 |
| rua Joaquim Pinto, 8 | Active | €540,000 | €2,842 | 9.2% | 80 | 71 |
| Matosinhos e Leça da Palmeira · 3d96fb | Active | €375,000 | €2,568 | 17.9% | 76 | 74 |
| Matosinhos e Leça da Palmeira · f36334 | Active | €555,000 | €3,750 | 19.8% | 74 | 71 |
| Median comp | €535,000 | €2,787 | 10.9% | 78 | 72 |
Long-term rental The property presents a gross yield of 4%, which aligns well with the average market expectations in the region. Its solid condition rating of 83/100 and the family-oriented neighborhood make it a reliable choice for long-term tenants. Buy-and-hold With a fair value of €441,692, the current listing price of €485,000 reflects an acceptable alignment for a buy-and-hold strategy, as the market shows stability. The suburban location near Porto offers economic growth potential and strong educational infrastructure, supporting property appreciation over time. Family rental This apartment's desirable features, supported by a 75/100 neighborhood rating, cater well to families seeking long-term rentals. As the property is in a low-crime area with solid schools nearby, it is likely to attract quality tenants looking for comfort and stability.
Economic and Tenant Stability Risk The combined scores of 75 for both economic and tenant stability may indicate moderate volatility and potential difficulties in maintaining consistent rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
