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, 2-bathroom apartment of 114 m², energy rating C. Located on avenida Serpa Pinto, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment offers exceptional western sea views from both the living room and kitchen, complemented by a marquisette balcony for added outdoor enjoyment.
The valuation. The asking price of €449,000 sits €49,831 (12.5%) above the fair value of €399,169. This valuation indicates that the property is overpriced.
Fair value modelled at €399,169 from 6 comparable sales in the area. Asking €449,000 sits €49,831 (12.5%) above — overpriced versus fair value.
Asking €449,000 versus the avenida Serpa Pinto area baseline of €331,633 (€2,909/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €331,633, adjusted for condition and micro-location, gives a modelled fair value of €399,169 (€3,501/m²), a €49,831 (12.5%) gap versus the €449,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Serpa Pinto | Subject | €449,000 | €3,939 | — | 70 | 69 |
| rua Monserrate, 63 | Active | €364,900 | €2,919 | 25.9% | 76 | 64 |
| Matosinhos e Leça da Palmeira · 25f503 | Active | €399,000 | €4,385 | 11.3% | 73 | 70 |
| rua Diu | Active | €288,000 | €3,740 | 5.0% | 75 | 73 |
| Aldoar, Foz Do Douro e Nevogilde · 3d9a23 | Active | €475,000 | €3,770 | 4.3% | 75 | 70 |
| Median comp | €381,950 | €3,755 | 4.7% | 75 | 70 |
Long-term rental The 2-bed apartment in Matosinhos is currently overpriced at €449,000, which exceeds its fair value by 12.5%. With a gross yield of only 3.6%, this investment is unlikely to generate satisfactory returns for long-term rental investors. Family rental Despite its proximity to Porto and stable residential demand from middle-class families, the apartment is overpriced at €449,000, above the fair value of €399,169. The combination of the current pricing and a moderate condition score of 74 limits its appeal to family renters who typically seek a better value. Buy-and-hold Purchasing the apartment as a buy-and-hold investment may not be advisable, given its valuation at €449,000 which is 12.5% above fair value. The relatively low gross yield of 3.6% indicates that this property could be a less attractive option for long-term capital appreciation in the current market conditions.
Tenant turnover risk The economic and tenant stability scores of 70/100 suggest a moderate potential for tenant turnover, which could result in increased vacancy periods and 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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