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, 4-bathroom apartment of 159 m² on the 12th floor, energy rating C. Located on rua Carlos Alberto Morais, 122, Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. This apartment features a fireplace in the living room, enhancing warmth and comfort while maximizing the panoramic sea views through large windows.
The valuation. The asking price of €600,000 is above the fair value of €551,858 by €48,142 (8.7%). This indicates that the property is priced fairly in the current market context.
Fair value modelled at €551,858 from 6 comparable sales in the area. Asking €600,000 sits €48,142 (8.7%) above — overpriced versus fair value.
Asking €600,000 versus the rua Carlos Alberto Morais, 122 area baseline of €469,511 (€2,953/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 €469,511, adjusted for condition and micro-location, gives a modelled fair value of €551,858 (€3,471/m²), a €48,142 (8.7%) gap versus the €600,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Carlos Alberto Morais, 122 | Subject | €600,000 | €3,774 | — | 81 | 72 |
| Matosinhos e Leça da Palmeira · 1f352c | Active | €625,000 | €3,931 | 4.2% | 75 | 64 |
| rua Armando Leça, 155 | Active | €1,950,000 | €4,063 | 7.7% | 75 | 69 |
| Matosinhos e Leça da Palmeira · 57f70c | Active | €830,000 | €3,388 | 10.2% | 80 | 71 |
| Matosinhos e Leça da Palmeira · 1907c4 | Active | €698,000 | €3,490 | 7.5% | 72 | 65 |
| Median comp | €764,000 | €3,711 | 1.7% | 75 | 67 |
Long-term rental This property offers a fair investment opportunity with a gross yield of 3.3%, aligning well with the stable suburban market of Matosinhos. The proximity to Porto adds appeal for potential tenants seeking good access to employment and educational institutions. Family rental The apartment's spacious layout and favorable neighborhood score make it attractive for families looking to settle in a community-oriented location. However, with a fair valuation of €600,000 compared to the fair value of €551,858, the investment should be approached with caution regarding potential appreciation. Buy-and-hold Though the property is currently priced at €600,000, acknowledging its fair value of €551,858 is crucial for long-term investment strategies. The steady demand in a suburban area near Porto underlines its potential for stability, despite the current pricing positioning it at an 8.7% gap from fair value.
Economic Vulnerability With an economic stability score of 70/100, there is a risk that economic fluctuations could impact tenant demand and rental income.
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