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.
1-bedroom, 1-bathroom apartment of 57 m² on the 1st floor, built in 1995, energy rating C. Located on rua Afonso Cordeiro, 361, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment includes a south-facing living room and an easily accessible Co-Work space at the entrance, ideal for remote work flexibility.
The valuation. The asking price of €275,000 is slightly below the fair value of €290,650, which represents a difference of €15,650 or 5.4%. Thus, the property is considered fairly priced.
Fair value modelled at €290,650 from 6 comparable sales in the area. Asking €275,000 sits €15,650 (5.4%) below — the upside to fair value.
Asking €275,000 versus the rua Afonso Cordeiro, 361 area baseline of €252,401 (€4,428/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €252,401, adjusted for condition and micro-location, gives a modelled fair value of €290,650 (€5,099/m²), a €15,650 (5.4%) gap versus the €275,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Afonso Cordeiro, 361 | Subject | €275,000 | €4,825 | — | 75 | 72 |
| avenida Serpa Pinto | Active | €235,000 | €4,519 | 6.3% | 78 | 70 |
| Ramalde · 99f4e0 | Active | €285,000 | €6,477 | 34.3% | 80 | 72 |
| avenida Serpa Pinto, 679 | Active | €310,000 | €5,082 | 5.3% | 70 | 69 |
| Matosinhos e Leça da Palmeira · 0900f7 | Active | €200,000 | €4,651 | 3.6% | 75 | 69 |
| Median comp | €260,000 | €4,867 | 0.9% | 77 | 70 |
Long-term rental The property offers a gross yield of 4%, which aligns with the stable rental market in Matosinhos e Leça da Palmeira. Given the fair valuation, the apartment can sustain consistent demand from long-term tenants due to its suburban characteristics and amenities. Family rental With a solid condition score of 77, this 1-bed apartment is well-suited for families looking for quality living in a well-connected area. The fair value pricing indicates a moderate entry point into the family rental market, appealing to those seeking spacious accommodations. Buy-and-hold Investing in this 1-bed apartment represents a strategic buy-and-hold opportunity, as the 5.4% gap from the fair value suggests it is reasonably priced for potential appreciation. Its location, combined with good tenant quality in the neighborhood, enhances its long-term investment viability.
Tenant turnover risk A tenant stability score of 65/100 indicates a higher likelihood of tenant turnover, which could result in increased vacancy rates and potential loss of 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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