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, 3-bathroom house of 150 m², built in 1983, energy rating D. Located on rua Chouso, 373, Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. Noteworthy Features: The first floor includes a distinctive black granite bar area with integrated hot and cold water, enhancing the entertainment potential of the space. Additional Details: Two stoves provide cozy heating options**
The valuation. The asking price of €649,000 sits 7.6% below the fair value of €702,626. The property is assessed at a fair price, offering a reasonable entry point for potential investors.
Fair value modelled at €702,626 from 6 comparable sales in the area. Asking €649,000 sits €53,626 (7.6%) below — the upside to fair value.
Asking €649,000 versus the rua Chouso, 373 area baseline of €737,394 (€4,916/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €737,394, adjusted for condition and micro-location, gives a modelled fair value of €702,626 (€4,684/m²), a €53,626 (7.6%) gap versus the €649,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Chouso, 373 | Subject | €649,000 | €4,327 | — | 78 | 71 |
| rua Justino Marques, 117 | Active | €439,000 | €4,720 | 9.1% | 73 | 73 |
| parque de Real | Active | €645,500 | €5,868 | 35.6% | 78 | 66 |
| Moreira · b7c374 | Active | €560,000 | €2,353 | 45.6% | — | 74 |
| rua Nova de Sendim | Active | €660,000 | €4,681 | 8.2% | 70 | 70 |
| Median comp | €602,750 | €4,701 | 8.6% | 73 | 72 |
Long-term rental The property in Perafita offers a moderate gross yield of 2.2%, indicating steady income potential for long-term rental, albeit not particularly high. Given the neighbourhood's decent tenant quality and overall livability, it presents a stable option for landlords seeking long-term commitments. Buy-and-hold This investment aligns well with a buy-and-hold strategy due to the property being fairly priced at €649,000, slightly below the fair value of €702,626. The suburban location near Porto promises a reliable appreciation potential over time, benefiting from ongoing economic and employment opportunities in the area. Value-add renovation While the property's condition rating of 77/100 suggests it is generally well-kept, there may still be opportunities for value-add renovations to enhance both rental income and property appreciation. Investing in improvements could lead to better returns, although the current fair valuation limits immediate upside potential. Short-term vacation rental The property is not ideal for short-term vacation rentals due to its suburban setting that leans more towards long-term residential appeal. The average yield of 2.2% further reinforces that short-term strategies may not capture the full market potential of this location. Student housing As a suburban residence, this property is less suited for student housing, given its distance from urban educational institutions and high tenant quality expectations. The current market dynamics indicate that the location cannot support a robust student rental demand. Luxury market The suburban charm of Perafita may not appeal strongly to the luxury market, with limited amenities and a fair condition score reflecting a lack of elite living conditions. Thus, this property does not cater to higher-end buyers looking for luxury features or exclusivity.
Moderate Economic and Tenant Risk: With both economic and tenant stability scores at 70/100, there is a notable risk that fluctuations in the local economy or tenant turnover could adversely impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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