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 229 m² on the 1st floor, built in 1988. Located on rua de Custio, Custóias, Leça do Balio e Guifões parish, Matosinhos municipality, Porto district. Noteworthy Features: The property boasts an 80.24m² private yard, ideal for outdoor activities, and a 16m² box garage providing secure parking and storage options.
The valuation. The asking price of €355,000 sits €188,239 (34.7%) below the fair value of €543,239, indicating that the property is significantly underpriced for the market. This presents a compelling opportunity for investors looking for value. Buy-to-flip angle. The resale strategy would focus on renovating the apartment to enhance its appeal, targeting a quick exit by listing at or above the fair value to maximize returns. With its current underpricing, significant profit potential exists upon successful resale. Buy-to-let angle. The rental income strategy aims at attracting families for long-term rentals in this mixed neighbourhood, aiming for stability and consistent cash flow in the Porto metro area. However, given the condition rating of 0/100, renovations will be necessary to achieve a viable rental yield.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Custio | Subject | €355,000 | €1,550 | — | — | 68 |
| rua Senhora Penha | Active | €299,000 | €2,300 | 48.4% | 40 | 75 |
| Custóias, Leça do Balio e Guifões · 37505a | Active | €250,000 | €2,475 | 59.7% | 40 | 68 |
| rua Santana S / N | Active | €325,000 | €2,481 | 60.0% | 45 | 72 |
| Custóias, Leça do Balio e Guifões · 15e0e3 | Active | €220,000 | €2,444 | 57.7% | 40 | 71 |
| Median comp | €274,500 | €2,460 | 58.7% | 40 | 72 |
Family rental This property presents a significant opportunity for family rental given its size of 229m² and a fair value that exceeds its listing price by 34.7%. With a decent neighborhood rating of 68/100, it is likely to attract families looking for spacious accommodations in a suburban context. Buy-and-hold Investing in this apartment for a buy-and-hold strategy is well supported by its significant gap from fair value, suggesting potential appreciation over time. The property's decent accessibility within the Porto metro area makes it a suitable choice for long-term investment in a growing urban market. Long-term rental Given the 34.7% gap to fair value, this property is well-positioned for long-term rental, providing a stable investment in a suburban area. The favorable neighborhood score of 68/100 indicates that it can attract quality tenants seeking a long-term residence in a connected location.
Tenant turnover risk With a tenant stability score of 70/100, there may be potential for tenant turnover issues, resulting in increased vacancy rates 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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