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, 1-bathroom apartment of 87 m². Located on avenida das Ribeiras, 891, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment features large windows that enhance natural light and ventilation, and it includes a small private outdoor space ideal for relaxation or gardening.
The valuation. The asking price of €220,000 is significantly below the fair value of €294,601, representing a discount of €74,601 (25.3%). This property is clearly underpriced and presents a compelling investment opportunity.
Fair value modelled at €294,601 from 6 comparable sales in the area. Asking €220,000 sits €74,601 (25.3%) below — the upside to fair value.
Asking €220,000 versus the avenida das Ribeiras, 891 area baseline of €345,108 (€3,967/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing 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 €345,108, adjusted for condition and micro-location, gives a modelled fair value of €294,601 (€3,386/m²), a €74,601 (25.3%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida das Ribeiras, 891 | Subject | €220,000 | €2,529 | — | 65 | 63 |
| avenida das Ribeiras | Active | €265,000 | €2,227 | 11.9% | 65 | 68 |
| rua Dom Marcos da Cruz, 238 | Active | €275,000 | €3,618 | 43.1% | 62 | 72 |
| rua Dom Marcos da Cruz, 238 | Active | €275,000 | €3,618 | 43.1% | 70 | 64 |
| avenida das Ribeiras | Active | €265,000 | €2,038 | 19.4% | 70 | 71 |
| Median comp | €270,000 | €2,923 | 15.6% | 68 | 70 |
Long-term rental The 2-bed apartment in Perafita offers a compelling investment opportunity for long-term rental, particularly given its gross yield of 4.9% and a fair value gap of 25.3%. The diverse economic activities in the Greater Porto area ensure a steady demand for housing, making this property an attractive option for landlords. Buy-and-hold With a fair value of €294,601, this property is subvalued in the current market, presenting an excellent opportunity for a buy-and-hold investment strategy. The solid condition score of 62/100 indicates a property that is generally well-maintained, reducing immediate capital expenditure for investors. Family rental The relatively spacious layout of the 87m² apartment makes it ideal for family rentals, and the neighbourhood's average score of 63/100 supports a family-friendly environment. Given the underpriced nature of the property, investors can expect a stable tenant profile seeking longer leases in this suburban region of Matosinhos.
[Tenant turnover risk] With a tenant stability score of 60/100, there is a heightened risk of tenant turnover and vacancy, which could lead to decreased rental income and increased costs associated with re-leasing the property.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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