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.
4-bedroom, 5-bathroom house of 300 m², built in 2008, energy rating D. Located on rua do Corgo, 705, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: The property's private terrace seamlessly connects to the leisure area, enhancing outdoor living, while the extensive common amenities include landscaped gardens and a lounge for family gatherings.
The valuation. The asking price of €699,000 sits significantly above fair value at €501,516, resulting in an overpricing of €197,484 (39.4%). This discrepancy indicates a notable risk for investors seeking a reasonable entry point. Buy-to-flip angle. A buy-to-flip strategy would require a substantial price reduction to achieve profitability; with the current valuation, potential gains appear limited unless considerable renovations yield a higher resale value. Buy-to-let angle. The estimated rental income of €1,748 per month corresponds to a gross yield of 3%, providing modest returns for long-term rental strategies, despite the property being positioned in a mixed neighborhood.
Fair value modelled at €501,516 from 6 comparable sales in the area. Asking €699,000 sits €197,484 (39.4%) above — overpriced versus fair value.
Asking €699,000 versus the rua do Corgo, 705 area baseline of €533,226 (€1,777/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 below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €533,226, adjusted for condition and micro-location, gives a modelled fair value of €501,516 (€1,672/m²), a €197,484 (39.4%) gap versus the €699,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Corgo, 705 | Subject | €699,000 | €2,330 | — | 75 | 75 |
| Perafita, Lavra e Santa Cruz do Bispo · 483d44 | Active | €499,000 | €1,692 | 27.4% | 74 | 71 |
| rua dos Cravos | Active | €560,000 | €1,652 | 29.1% | 73 | 74 |
| autoestrada EM531, 321 | Active | €499,950 | €1,044 | 55.2% | 68 | 71 |
| Perafita, Lavra e Santa Cruz do Bispo · 93744b | Active | €950,000 | €1,319 | 43.4% | — | 77 |
| Median comp | €529,975 | €1,486 | 36.2% | 73 | 73 |
Long-term rental This property is not an ideal candidate for long-term rental due to its 39.4% price gap from fair value, indicating that it may struggle to attract quality tenants relative to its cost. Additionally, with a gross yield of only 3%, the financial returns are unlikely to justify the overpriced listing. Family rental While the neighbourhood scores a decent 75/100, the property's price of €699,000 is significantly above its fair value of €501,516, making it less appealing for family rentals. Families are likely to seek more value for their rental investments, especially given the relatively lower yield of 3%. Buy-and-hold Investing in this property as a buy-and-hold strategy is questionable, as the current listing is overpriced by 39.4% compared to its fair value. The local housing market may not support sufficient appreciation to offset the initial overvaluation, thus diminishing long-term investment potential.
Potential Economic Decline With an economic stability score of 75/100, there is a risk that external economic factors could lead to a decline in local business activity, impacting tenant demand negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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