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 93 m² on the 3rd floor, energy rating C. Located on rua Nogueira Pinto, 122, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment boasts a charming side sea view from its generous living room and is situated in a highly valued area of Leça da Palmeira.
The valuation. The asking price of €399,000 is positioned significantly below the fair value of €495,985, reflecting a difference of €96,985 (19.6%). Verdict: underpriced. Buy-to-flip angle. With strategic renovations and the appealing high-quality finishes, the property could attract buyers willing to pay a premium, enhancing the potential resale value. Buy-to-let angle. Projected rental income of €1,363 per month provides a gross yield of 4.1%, making this a viable long-term rental investment in a suburban area with family-oriented amenities.
Fair value modelled at €495,985 from 6 comparable sales in the area. Asking €399,000 sits €96,985 (19.6%) below — the upside to fair value.
Asking €399,000 versus the rua Nogueira Pinto, 122 area baseline of €442,651 (€4,760/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is below the parish average, reducing 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 €442,651, adjusted for condition and micro-location, gives a modelled fair value of €495,985 (€5,333/m²), a €96,985 (19.6%) gap versus the €399,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nogueira Pinto, 122 | Subject | €399,000 | €4,290 | — | 70 | 69 |
| avenida Comendador Ferreira de Matos, 897 | Active | €699,000 | €4,660 | 8.6% | 78 | 72 |
| avenida Serpa Pinto, 742 | Active | €540,000 | €5,684 | 32.5% | 80 | 70 |
| avenida da República, 823 | Active | €697,500 | €4,982 | 16.1% | 80 | 73 |
| rua Roberto Ivens | Active | €1,100,000 | €7,285 | 69.8% | 74 | 73 |
| Median comp | €698,250 | €5,333 | 24.3% | 79 | 73 |
Long-term rental The property in Matosinhos is an attractive long-term rental investment, with a gross yield of 4.1% indicating a solid return on investment. Given its fair value of €495,985, there is a 19.6% gap that suggests potential for appreciation and stable demand in the suburban area. Buy-and-hold Investing in this 3-bed apartment is aligned with a buy-and-hold strategy, as its fair value significantly exceeds the current listing price. The adequate school facilities and typical suburban crime rates support a family-oriented appeal, enhancing its long-term value appreciation potential. Family rental This property is ideal for family rental given its size and neighborhood amenities, providing a comfortable living environment for families. Moreover, with a fair value gap of 19.6%, it highlights the potential for attractive long-term returns by catering to family tenants seeking stable housing in a suburban setting.
Economic Vulnerability The economic stability score of 65/100 indicates a moderate risk that economic downturns could negatively impact rental income stability in the future.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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