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.
4-bedroom, 2-bathroom apartment of 146 m² on the 1st floor, energy rating D. Located Perafita, Lavra e Santa Cruz do Bispo parish, Matosinhos municipality, Porto district. The property features a spacious storage area and designated parking, enhancing convenience in a well-connected location near commercial services and schools.
The asking price of €273,000 is above the fair value of €249,000, reflecting a downside of €24,000 or 8.8% compared to the asking price. Confidence in this fair value assessment is low. Rental income. The property presents a strong rental income potential with an estimated gross yield of 6.1%, positioning it in the top quarter of the national range. Renovation upside. The apartment's condition is rated at 65/100, indicating a reasonable opportunity for renovation with estimated costs around €920/m² for cosmetic updates, allowing for an entry margin in value enhancement.
The fair value of this property is derived from two models: the Transaction model, which relies on 75 real transaction data from Matosinhos, and the Adjusted asking-price model, based on current listings adjusted to sale levels. These models are combined equally to produce a fair value estimate. Conservative adjustments for estimated renovation costs have been applied, leading to a fair value of €249,000, which is 8.8% below the asking price of €273,000. Consequently, the asking price is above the fair value. Confidence in this assessment is low.
Gross yield 6.1% (before costs)
This 4-bed apartment in Perafita offers a gross rental yield of 6.1%, making it a strong contender for generating rental income despite the asking price being above the fair value by 8.8%, which indicates a potential downside of €24,000. Given its mid-condition score of 65/100, there is room for renovation upside that could enhance the property’s appeal and value in a mixed neighbourhood assessed at 50/100. While the investment may present challenges, particularly in terms of the valuation, strategic renovations could realign its worth in the marketplace.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk The economic stability score is 50/100 and the tenant stability score is also 50/100, indicating a potential for instability in both the local economy and tenant retention. Fair value certainty risk The fair value is set at €249,000 with low confidence, meaning that various valuation factors, including discrepancies between estimates, suggest uncertainty in this value's reliability.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Models 3.4.3 (Data quality v3 · Valuation v4.1 · Strategy v3.1)
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
