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 135 m² on the 1st floor, built in 2001, energy rating E. Located on rua do Areal, 347, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Proximity to Praia da Agudela allows for easy beach access, while the integrated barbecue area enhances outdoor living options for residents.
The valuation. The asking price of €365,000 is slightly above the fair value of €353,022, reflecting a difference of €11,978, or 3.4%. This positions the property as fairly priced in the current market. Buy-to-flip angle. The buy-to-flip strategy could yield profit from renovations and market demand, given its upgraded materials and proximity to Porto. Targeting a resale at a higher price point within a few months appears viable. Buy-to-let angle. With an estimated monthly rental income of €1,308, the gross yield stands at 4.3%. This makes it an attractive option for long-term rental and family rentals in a mixed neighborhood.
Fair value modelled at €353,022 from 6 comparable sales in the area. Asking €365,000 sits €11,978 (3.4%) above — overpriced versus fair value.
Asking €365,000 versus the rua do Areal, 347 area baseline of €396,714 (€2,939/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €396,714, adjusted for condition and micro-location, gives a modelled fair value of €353,022 (€2,615/m²), a €11,978 (3.4%) gap versus the €365,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Areal, 347 | Subject | €365,000 | €2,704 | — | 70 | 65 |
| avenida das Ribeiras, 747 | Active | €270,000 | €2,727 | 0.9% | 75 | 71 |
| Perafita, Lavra e Santa Cruz do Bispo · 3a6f6a | Active | €265,000 | €2,573 | 4.8% | 70 | 69 |
| rua Padre Manuel Teixeira de Melo, 183 | Active | €399,000 | €2,433 | 10.0% | — | 70 |
| avenida das Ribeiras | Active | €265,000 | €2,038 | 24.6% | 70 | 71 |
| Median comp | €267,500 | €2,503 | 7.4% | 70 | 71 |
Long-term rental This property offers a gross yield of 4.3%, indicating a stable return on investment in a growing suburban market. The condition rating of 75/100 suggests that the apartment is in good shape, enhancing its appeal to long-term renters seeking comfort and quality. Buy-and-hold Holding this property may yield modest capital appreciation, given the fair valuation and proximity to Porto, which can influence future demand. The relatively low gap versus fair value of 3.4% reinforces the potential for sustained performance in a stable neighbourhood. Family rental The apartment's generous size of 135m² and good condition make it suitable for families looking for spacious accommodations in a suburban setting. However, the neighbourhood rating of 65/100 suggests a need for further enhancement of local amenities to fully cater to the family rental market.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of high tenant turnover, potentially leading to increased vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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