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 85 m² on the 2nd floor, energy rating C. Located on avenida Mário Brito, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment is undergoing significant renovations, exposing high-quality finishes like large-format tiles and modern cabinetry amid ongoing construction, providing potential for custom design. Location: Proximity to MAR Shopping ensures convenient access to a variety of amenities. Valuation Verdict: fair
The valuation. The asking price of €270,000 is significantly above the fair value of €210,900, marking a difference of €59,100 (28.0%). This property is priced in a way that is not justified by its current market value.
Fair value modelled at €210,900 from 6 comparable sales in the area. Asking €270,000 sits €59,100 (28.0%) above — overpriced versus fair value.
Asking €270,000 versus the avenida Mário Brito area baseline of €239,876 (€2,822/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 57/100 is below the parish average, reducing 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 €239,876, adjusted for condition and micro-location, gives a modelled fair value of €210,900 (€2,481/m²), a €59,100 (28.0%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| avenida Mário Brito | Subject | €270,000 | €3,176 | — | 45 | 69 |
| avenida das Ribeiras, 891 | Active | €220,000 | €2,529 | 20.4% | 65 | 63 |
| Matosinhos e Leça da Palmeira · a79ec8 | Active | €305,000 | €2,824 | 11.1% | 60 | 61 |
| avenida das Ribeiras | Active | €265,000 | €2,038 | 35.8% | 70 | 71 |
| Matosinhos e Leça da Palmeira · e40af6 | Active | €275,000 | €2,434 | 23.4% | 73 | 66 |
| Median comp | €270,000 | €2,482 | 21.9% | 68 | 65 |
Long-term rental The apartment in Perafita is overpriced by 28% compared to its fair value, which could lead to challenges in securing reliable long-term tenants. Additionally, with a gross yield of only 3.8% and the overall condition of the property rated at 57/100, the investment does not provide a competitive return relative to its price point. Family rental Given the current pricing of the property, which exceeds fair value by 28%, the appeal for families seeking comfortable and affordable housing could significantly diminish. The neighborhood's residential characteristics and moderate amenities do not justify the high listing price, making it less attractive for family rentals. Buy-and-hold Investing in this property as a buy-and-hold strategy is not favorable due to its 28% overvaluation compared to the fair market value. The property’s gross yield of 3.8% and a condition score of 57/100 suggest insufficient growth potential and retention of value over the long term.
Tenant turnover risk The tenant stability score of 65/100 indicates a potential risk of higher tenant turnover, which may lead to increased vacancy rates and associated costs.
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