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, 0-bathroom house of 308 m², energy rating C. Located Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Unique Feature: This property boasts a fully habitable attic, providing versatile living space or storage options, along with three distinct exterior façades maximizing natural light.
The valuation. The asking price of €587,000 sits €83,421 (16.6%) above the fair value of €503,579, indicating that the property is overpriced. Such a discrepancy suggests caution for prospective buyers. Buy-to-flip angle. A buy-to-flip strategy may be challenging due to the current asking price exceeding fair market value, making rapid resale less attractive. Potential investors would need to identify significant renovations or market shifts to realize a profit. Buy-to-let angle. The estimated rental income of €2,103/month offers a gross yield of 4.3%, which is relatively stable in this suburban area. This strategy focuses on long-term tenants, providing consistent cash flow despite initial costs.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Perafita, Lavra e Santa Cruz do Bispo · 800527 | Subject | €587,000 | €1,906 | — | — | 71 |
| Vila Nova da Telha · 5ed00a | Active | €450,000 | €2,250 | 18.1% | 64 | 74 |
| Aveleda · 38b7cd | Active | €388,000 | €1,644 | 13.7% | 55 | 73 |
| Perafita, Lavra e Santa Cruz do Bispo · 90d7cf | Active | €280,000 | €1,073 | 43.7% | 70 | 60 |
| Perafita, Lavra e Santa Cruz do Bispo · 627320 | Active | €290,000 | €2,132 | 11.9% | 45 | 72 |
| Median comp | €339,000 | €1,888 | 0.9% | 60 | 73 |
Long-term rental The property in Perafita has a yield of 4.3%, which is relatively attractive in the current market, but it is crucial to consider that the listing price is 16.6% above its fair value. Given its condition rating of 0/100, prospective tenants may be deterred, impacting long-term rental viability. Buy-and-hold While the suburban area within Greater Porto presents some growth potential, acquiring this property at a price of €587,000 may not yield satisfactory returns due to its 16.6% premium above fair market value. This gap further underlines that the investment may not align with the typically favorable buy-and-hold strategy, especially with a property condition rated at 0/100. Family rental Although the location offers a decent neighborhood score of 71/100, the property is overpriced at €587,000 and presents significant concerns with its 0/100 condition rating, which could lead to substantial renovation costs. Families seeking rental homes may look elsewhere if the property does not justify its elevated price relative to its fair value of €503,579.
Tenant turnover risk High tenant turnover could be a concern due to the Tenant stability score of 70/100, potentially leading to increased vacancy periods and associated 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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