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 80 m² on the 2nd floor, built in 1978. Located Matosinhos e Leça da Palmeira parish, Matosinhos municipality, Porto district. Noteworthy Features: The apartment enjoys abundant natural light due to its large windows and is in close proximity to the beach and local amenities, enhancing both convenience and lifestyle appeal.
The valuation. The asking price of €290,000 sits slightly below the fair value of €304,370, representing a minor discount of €14,370 (4.7%). This property is fairly priced in the current market.
Fair value modelled at €304,370 from 6 comparable sales in the area. Asking €290,000 sits €14,370 (4.7%) below — the upside to fair value.
Asking €290,000 versus the Matosinhos e Leça da Palmeira, Matosinhos, Porto area baseline of €280,017 (€3,500/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €280,017, adjusted for condition and micro-location, gives a modelled fair value of €304,370 (€3,805/m²), a €14,370 (4.7%) gap versus the €290,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Matosinhos e Leça da Palmeira · e553ca | Subject | €290,000 | €3,625 | — | 72 | 66 |
| parque Real | Active | €350,000 | €3,465 | 4.4% | 75 | 69 |
| rua Firmino Oliveira Gomes | Active | €440,000 | €3,697 | 2.0% | 75 | 71 |
| Matosinhos e Leça da Palmeira · 57f767 | Active | €415,000 | €4,069 | 12.2% | 75 | 69 |
| Matosinhos e Leça da Palmeira · 938852 | Active | €385,000 | €3,208 | 11.5% | 74 | 66 |
| Median comp | €400,000 | €3,581 | 1.2% | 75 | 69 |
Long-term rental The property yields a gross return of 4.6%, making it a reasonable option for long-term rental in the Matosinhos area. With the proximity to Porto, the demand for rental properties remains stable, supporting consistent income retention. Buy-and-hold The fair value of €304,370 indicates that this property is essentially priced at market levels, which aligns with a buy-and-hold investment strategy. Given the area's appeal and reasonable tenant quality, the expected appreciation aligns with steady market trends. Family rental The apartment's condition and proximity to essential amenities make it suitable for family rental, even as it maintains a fair market value. However, the below-average neighbourhood rating may limit its desirability for some potential renters. Not ideal for This property is not suited for short-term rental opportunities due to its fair valuation and local demand patterns. Similarly, it lacks the appeal needed for student housing and the luxury market, further narrowing its investment viability.
Tenant turnover risk High tenant turnover is likely due to a Tenant Stability score of 60/100, leading to potential vacancies and increased costs associated with finding new tenants.
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