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 130 m² on the 1st floor, built in 2007, energy rating B. Located on rua Professor Ofélia da Cruz Costa, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. The apartment features a fireplace with a heat recovery system, enhancing energy efficiency while providing warmth during colder months.
The valuation. The asking price of €450,000 is positioned €36,260 (7.5%) below the fair value of €486,260, indicating it is fairly valued. This reflects a solid investment opportunity within the current market. Buy-to-flip angle. A buy-to-flip strategy would capitalize on the potential for minor cosmetic upgrades, with the aim of reselling the apartment at a profit within a short timeframe due to its attractive location and desirable features. Buy-to-let angle. The rental income strategy projects a gross yield of 2.9%, equating to an estimated €1,088 per month, making it suitable for long-term family rentals in the family-oriented suburb.
Fair value modelled at €486,260 from 6 comparable sales in the area. Asking €450,000 sits €36,260 (7.5%) below — the upside to fair value.
Asking €450,000 versus the rua Professor Ofélia da Cruz Costa area baseline of €495,047 (€3,808/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price below the wider parish average — a hyper-local discount distinct from the parish baseline.
Base gap of €495,047, adjusted for condition and micro-location, gives a modelled fair value of €486,260 (€3,740/m²), a €36,260 (7.5%) gap versus the €450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Professor Ofélia da Cruz Costa | Subject | €450,000 | €3,462 | — | 77 | 71 |
| rua Professor Ofélia da Cruz Costa | Active | €490,000 | €3,740 | 8.1% | 82 | 78 |
| rua Professor Ofélia da Cruz Costa, 787 | Active | €490,000 | €3,740 | 8.1% | 80 | 69 |
| Perafita, Lavra e Santa Cruz do Bispo · 3d96c4 | Active | €490,000 | €3,740 | 8.1% | 74 | 66 |
| Perafita, Lavra e Santa Cruz do Bispo · 4a81d5 | Active | €485,000 | €3,943 | 13.9% | 77 | 72 |
| Median comp | €490,000 | €3,740 | 8.0% | 79 | 71 |
Long-term rental The property offers a gross yield of 2.9%, which is acceptable for a long-term rental in a family-oriented suburban area like Matosinhos. Considering its fair valuation of €450,000, it provides a stable investment opportunity aligned with the local economic influence of Porto. Family rental This 2-bed apartment is well-suited for family rentals, given the suburban demographics and amenities tailored for families in the neighborhood. With a fair valuation and a suitable condition score of 80/100, it stands as a solid choice for long-term family accommodation. Buy-and-hold As a buy-and-hold investment, this property aligns with the sustainable growth outlook of the Porto metropolitan area, particularly with its neighborhood score of 71/100. Its fair valuation suggests that while it's not a bargain, it holds potential for steady appreciation over time.
Potential Vacancy Risk Given both the economic stability and tenant stability scores are at 70/100, there is a moderate risk of vacancies affecting cash flow due to fluctuations in tenant demand.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
