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, 1-bathroom apartment of 119 m² on the 2nd floor, built in 2010, energy rating C. Located on rua Professora Maria dos Anjos e Santos, 104, Custóias, Leça do Balio e Guifões parish, Matosinhos municipality, Porto district. This apartment boasts an upgraded kitchen with granite countertops and stainless steel appliances, and offers an abundance of natural light throughout the spacious living areas.
The asking price of €320,000 is above our estimated fair value of €309,000, indicating a downside of €11,000, or 3.5%. Confidence in this fair value is medium. Rental income. The estimated gross yield of 5.1% suggests a favorable rental income strategy, likely providing a monthly income of around €1,360, which is above the national average range.
The asking price is in line with the fair value. This fair value was calculated using a Transaction model based on 553 recorded sales in Matosinhos over the last year, combined with an Adjusted asking-price model considering current listings. Both models were equally weighted at 50%. No conservative adjustments were necessary for this property, ensuring an accurate valuation. The resulting fair value is €309,000, indicating a 3.5% downside versus the asking price of €320,000. Confidence in this estimate is medium.
Gross yield 5.1% (before costs)
The property in Custóias presents a solid investment opportunity, particularly for those seeking rental income, with an estimated gross yield of 5.1%, placing it above the national average. While the asking price of €320,000 indicates a 3.5% downside to its fair value of €309,000, this aligns the price closely with the inherent value of the asset. The apartment, measuring 119m², is in decent condition and benefits from its location, though the neighborhood scores moderately, indicating potential for future appreciation as local amenities develop. Overall, the investment remains viable, albeit with a cautious perspective due to a medium confidence level in the price versus value alignment.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk: The property's economic and tenant stability scores are both 50/100, indicating a weak outlook for long-term occupancy and rent reliability. Data quality risk: The property's listings contain discrepancies and conflicting information from different sources, which raises concerns about the reliability of available data. Fair value certainty risk: With a fair value of €309,000 and medium confidence, there remains uncertainty regarding the valuation, particularly due to the lack of micro-location transaction data.
Grade CFindings: 2
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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