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.
5-bedroom, 3-bathroom house of 250 m². Located on rua Álvaro Castelões, 546, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Unique Opportunity: This property includes a spacious garden area, providing potential for outdoor living and landscaping designs once rehabilitated. Renovation Requirement: Total reconstruction is necessary due to extensive structural damage.
The valuation. The asking price of €250,000 sits significantly below the fair value of €493,226, indicating that the property is subpriced by €243,226 (49.3%). This presents a strong opportunity for potential investors.
Fair value modelled at €493,226 from 6 comparable sales in the area. Asking €250,000 sits €243,226 (49.3%) below — the upside to fair value.
Asking €250,000 versus the rua Álvaro Castelões, 546 area baseline of €676,405 (€2,706/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 10/100 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 €676,405, adjusted for condition and micro-location, gives a modelled fair value of €493,226 (€1,973/m²), a €243,226 (49.3%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Álvaro Castelões, 546 | Subject | €250,000 | €1,000 | — | — | 74 |
| parque da Cidade | Active | €720,000 | €2,400 | 140.0% | 15 | 79 |
| São Mamede de Infesta e Senhora da Hora · f5ea20 | Active | €260,000 | €2,167 | 116.7% | — | 71 |
| rua França Júnior, 384 | Active | €290,000 | €1,779 | 77.9% | 28 | 71 |
| rua Cândido dos Reis | Active | €400,000 | €1,476 | 47.6% | — | 71 |
| Median comp | €345,000 | €1,973 | 97.3% | 22 | 71 |
Long-term rental The property in Matosinhos e Leça da Palmeira is positioned to generate a gross yield of 12%, making it an attractive option for investors seeking stable returns. With its fair value assessed at €493,226, acquiring this home at €250,000 presents a remarkable opportunity for substantial appreciation over time. Family rental With a generous size of 250m² and a solid neighborhood score of 74/100, this property is well-suited for family rentals, catering to those seeking spacious living accommodations. The attractive gap against the fair value underscores the potential for families to find an affordable home in a desirable area near Porto. Buy-and-hold Investing in this property as a buy-and-hold strategy aligns well with the strong suburban location and promising growth potential, given the current listing under fair market value. The combination of a 12% gross yield and ongoing urban developments in Porto suggests favorable long-term capital gains for prospective buyers.
Tenant turnover risk High tenant turnover can occur due to stable economic conditions (70/100) and stable tenant ratings (70/100), potentially leading to increased vacancy rates and higher leasing costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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