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, 1-bathroom apartment of 90 m² on the 1st floor, built in 2000, energy rating D. Located on parque de Real, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: This apartment includes a private 9 m² storage area and is situated just minutes from both Hospital Pedro Hispano and Matosinhos Beach for ideal accessibility.
The valuation. The asking price of €260,000 sits slightly above the fair value of €257,863, reflecting a premium of €2,137 (0.8%). Verdict: fair. Buy-to-flip angle. The strategy focuses on minor renovations to enhance appeal, targeting a resale within 6-12 months for a profit given the property’s quality finishes. Buy-to-let angle. With an estimated gross yield of 5.3% (~€1,148/month), this apartment is well-suited for long-term rentals, capitalizing on the demographic demand in the mixed neighborhood.
Fair value modelled at €257,863 from 6 comparable sales in the area. Asking €260,000 sits €2,137 (0.8%) above — overpriced versus fair value.
Asking €260,000 versus the parque de Real area baseline of €201,944 (€2,244/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 is above the parish average, lifting 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 €201,944, adjusted for condition and micro-location, gives a modelled fair value of €257,863 (€2,865/m²), a €2,137 (0.8%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| parque de Real | Subject | €260,000 | €2,889 | — | 73 | 66 |
| rua de Domingos Alvão | Active | €185,000 | €2,342 | 18.9% | 73 | 78 |
| rua Adelaide Estrada | Active | €280,000 | €3,043 | 5.4% | 70 | 74 |
| rua Adelaide Estrada, 132 | Active | €210,000 | €2,283 | 21.0% | 72 | 70 |
| travessa do Viso | Active | €285,000 | €2,767 | 4.2% | 71 | 74 |
| Median comp | €245,000 | €2,555 | 11.6% | 72 | 74 |
Long-term rental The property offers a competitive gross yield of 5.3%, suggesting an appealing investment for long-term rental opportunities. However, with a fair value gap of only 0.8%, one should proceed with caution to ensure sustainable cash flow in alignment with market averages. Family rental Given its size and location in Matosinhos e Leça da Palmeira, this 2-bed apartment is ideally suited for family rental, appealing to those looking for stability near Porto. The fair value assessment indicates that the property is reasonably priced, but potential investors should evaluate the condition and neighborhood ratings to ensure family-friendly quality. Buy-and-hold Investing in this property as a buy-and-hold strategy could yield positive returns over time, especially considering the proximity to Porto and a decent yield of 5.3%. The property's fair valuation suggests a steady market position, although long-term appreciation potential may be moderate based on local demand dynamics.
Economic Sensitivity Risk The property may face challenges due to its moderate economic stability score of 70, which indicates potential vulnerability to economic downturns affecting tenant retention and rental income stability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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