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 126 m² on the 2nd floor, built in 1998, energy rating C. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy features: The apartment includes an additional multifunctional room ideal for a home office, enhancing its versatility for modern living in a sought-after coastal neighborhood.
The valuation. The asking price of €379,000 is significantly above fair value, which is estimated at €328,244, creating a discrepancy of €50,756 (15.5%). The property is therefore considered overpriced.
Fair value modelled at €328,244 from 6 comparable sales in the area. Asking €379,000 sits €50,756 (15.5%) above — overpriced versus fair value.
Asking €379,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €256,232 (€2,034/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €256,232, adjusted for condition and micro-location, gives a modelled fair value of €328,244 (€2,605/m²), a €50,756 (15.5%) gap versus the €379,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · 096f7b | Subject | €379,000 | €3,008 | — | 75 | 67 |
| São Mamede de Infesta e Senhora da Hora · 8936da | Active | €315,000 | €2,540 | 15.5% | 78 | 77 |
| avenida Doutor Fernando Aroso S / N | Active | €380,000 | €2,533 | 15.8% | 70 | 71 |
| rua Luísa Neto Jorge, 286 | Active | €369,000 | €3,154 | 4.9% | 75 | 65 |
| rua França Júnior, 44B1 | Active | €224,000 | €3,155 | 4.9% | 85 | 68 |
| Median comp | €342,000 | €2,847 | 5.4% | 77 | 70 |
Long-term rental The property is currently priced at €379,000, which is 15.5% above its fair value of €328,244, indicating that it is overpriced. With a gross yield of only 3.8%, the investment returns may not be sufficient to warrant this premium pricing in the long-term rental market. Family rental Given that the property is listed at a significant markup over its fair value, it may deter families seeking affordable options in the Matosinhos area. Additionally, the mid-range condition rating of 79/100 does not justify the elevated listing price, making it less appealing to family renters. Buy-and-hold Investing in this property as a buy-and-hold strategy may not yield the expected returns, particularly given its 15.5% price gap from fair value. With the current market dynamics and the property’s condition, it is likely that the investment will underperform relative to its acquisition cost over time.
Tenant turnover risk: With both economic and tenant stability scores at 70/100, there's a moderate risk of tenant turnover that could affect cash flow if tenants frequently change.
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
