diff --git a/src/components/match-card/MatchActionToolbar.tsx b/src/components/match-card/MatchActionToolbar.tsx
new file mode 100644
index 0000000..d9161c2
--- /dev/null
+++ b/src/components/match-card/MatchActionToolbar.tsx
@@ -0,0 +1,40 @@
+import { Box, Button } from '@mui/material'
+import type { MatchCardAction } from './MatchCardViewModel'
+
+const MUI_VARIANT: Record<string, 'contained' | 'outlined'> = {
+  primary:   'contained',
+  secondary: 'outlined',
+  danger:    'outlined',
+}
+
+interface Props {
+  actions: MatchCardAction[]
+  compact?: boolean
+}
+
+export function MatchActionToolbar({ actions }: Props) {
+  if (actions.length === 0) return null
+
+  return (
+    <Box sx={{ display: 'flex', justifyContent: 'flex-end', gap: 0.75, flexWrap: 'wrap' }}>
+      {actions.map(action => (
+        <Button
+          key={action.id}
+          size="small"
+          variant={MUI_VARIANT[action.variant ?? 'secondary']}
+          disabled={action.disabled}
+          onClick={action.onClick}
+          sx={
+            action.variant === 'primary'
+              ? { bgcolor: '#1e3a5f', '&:hover': { bgcolor: '#162d4a' } }
+              : action.variant === 'danger'
+              ? { color: '#c0392b', borderColor: '#c0392b', '&:hover': { borderColor: '#c0392b' } }
+              : {}
+          }
+        >
+          {action.label}
+        </Button>
+      ))}
+    </Box>
+  )
+}
diff --git a/src/components/match-card/MatchCard.tsx b/src/components/match-card/MatchCard.tsx
new file mode 100644
index 0000000..5b82e9e
--- /dev/null
+++ b/src/components/match-card/MatchCard.tsx
@@ -0,0 +1,37 @@
+import type { MatchCardViewModel, MatchCardVariant } from './MatchCardViewModel'
+import { MatchCardCompact } from './MatchCardCompact'
+import { MatchCardExpanded } from './MatchCardExpanded'
+import { MatchCardReview } from './MatchCardReview'
+import { MatchCardCompareMini } from './MatchCardCompareMini'
+import { MatchCardSkeleton } from './MatchCardSkeleton'
+import { MatchCardRestrictedState } from './MatchCardRestrictedState'
+
+interface Props {
+  viewModel: MatchCardViewModel
+  variant?: MatchCardVariant
+  isLoading?: boolean
+  onRemoveCompare?: () => void
+}
+
+export function MatchCard({ viewModel, variant = 'compact', isLoading, onRemoveCompare }: Props) {
+  if (isLoading) {
+    return (
+      <MatchCardSkeleton
+        variant={variant === 'compare-mini' ? 'compare-mini' : variant === 'expanded' ? 'expanded' : 'compact'}
+      />
+    )
+  }
+
+  if (viewModel.isRestricted) return <MatchCardRestrictedState />
+
+  switch (variant) {
+    case 'expanded':
+      return <MatchCardExpanded vm={viewModel} />
+    case 'review':
+      return <MatchCardReview vm={viewModel} />
+    case 'compare-mini':
+      return <MatchCardCompareMini vm={viewModel} onRemove={onRemoveCompare} />
+    default:
+      return <MatchCardCompact vm={viewModel} />
+  }
+}
diff --git a/src/components/match-card/MatchCardCompact.tsx b/src/components/match-card/MatchCardCompact.tsx
new file mode 100644
index 0000000..423750e
--- /dev/null
+++ b/src/components/match-card/MatchCardCompact.tsx
@@ -0,0 +1,106 @@
+import { Alert, Box, Card, Divider, Typography } from '@mui/material'
+import { MapPin } from 'lucide-react'
+import { MatchCardHeader } from './MatchCardHeader'
+import { MatchReasonList } from './MatchReasonList'
+import { TradeoffList } from './TradeoffList'
+import { MatchDataQualitySummary } from './MatchDataQualitySummary'
+import { MatchActionToolbar } from './MatchActionToolbar'
+import { MatchCardRestrictedState } from './MatchCardRestrictedState'
+import type { MatchCardViewModel } from './MatchCardViewModel'
+
+interface Props {
+  vm: MatchCardViewModel
+}
+
+export function MatchCardCompact({ vm }: Props) {
+  if (vm.isRestricted) return <MatchCardRestrictedState />
+
+  const borderColor = vm.isCompareSelected
+    ? '#7c3aed'
+    : vm.isSelected
+    ? '#1e3a5f'
+    : 'transparent'
+
+  return (
+    <Card
+      sx={{
+        p: 2.5,
+        mb: 1.5,
+        border: `2px solid ${borderColor}`,
+        opacity: vm.isStaleData ? 0.75 : 1,
+        transition: 'border-color 0.15s',
+      }}
+    >
+      {/* FUTURE_AVAILABILITY disclaimer — mandatory, non-dismissable */}
+      {vm.disclaimer && (
+        <Alert severity="warning" sx={{ mb: 1.5, py: 0.5 }}>
+          {vm.disclaimer}
+        </Alert>
+      )}
+
+      {vm.isReviewRequired && (
+        <Alert severity="info" sx={{ mb: 1.5, py: 0.5 }}>
+          Manuelle Überprüfung erforderlich
+        </Alert>
+      )}
+
+      {/* Header: score → type → confidence → availability → risk */}
+      <MatchCardHeader vm={vm} compact />
+
+      {/* Title + location (max 2 lines) */}
+      <Box sx={{ mt: 1.25, mb: 1.25 }}>
+        <Typography variant="subtitle1" sx={{ fontWeight: 600 }} noWrap>
+          {vm.title}
+        </Typography>
+        <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5, mt: 0.25 }}>
+          <MapPin size={13} color="#64748b" />
+          <Typography variant="body2" color="text.secondary">
+            {vm.locationLabel}
+          </Typography>
+        </Box>
+        {vm.explainabilitySummary && (
+          <Typography
+            variant="body2"
+            color="text.secondary"
+            sx={{
+              mt: 0.5,
+              overflow: 'hidden',
+              display: '-webkit-box',
+              WebkitLineClamp: 2,
+              WebkitBoxOrient: 'vertical',
+            }}
+          >
+            {vm.explainabilitySummary}
+          </Typography>
+        )}
+      </Box>
+
+      <Divider sx={{ mb: 1.25 }} />
+
+      {/* Top reason only */}
+      {vm.reasons.length > 0 && (
+        <Box sx={{ mb: 1 }}>
+          <MatchReasonList reasons={vm.reasons.slice(0, 1)} />
+        </Box>
+      )}
+
+      {/* Top tradeoff only (compact) */}
+      {vm.tradeoffs.length > 0 && (
+        <Box sx={{ mb: 1 }}>
+          <TradeoffList tradeoffs={vm.tradeoffs.slice(0, 1)} compact />
+        </Box>
+      )}
+
+      {/* Data quality — only critical warning in compact mode */}
+      <MatchDataQualitySummary
+        dataQualityScore={vm.dataQualityScore}
+        missingData={vm.missingData}
+        compact
+      />
+
+      <Box sx={{ mt: 1.25 }}>
+        <MatchActionToolbar actions={vm.actions} compact />
+      </Box>
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardCompareMini.tsx b/src/components/match-card/MatchCardCompareMini.tsx
new file mode 100644
index 0000000..5955298
--- /dev/null
+++ b/src/components/match-card/MatchCardCompareMini.tsx
@@ -0,0 +1,68 @@
+import { Box, Card, Chip, Divider, IconButton, Typography } from '@mui/material'
+import { X } from 'lucide-react'
+import { MatchScoreDisplay } from './MatchScoreDisplay'
+import type { MatchCardViewModel } from './MatchCardViewModel'
+
+const RESULT_TYPE_META: Record<string, { label: string; color: string }> = {
+  VERIFIED_PORTFOLIO:  { label: 'Verified', color: '#1e3a5f' },
+  EXTERNAL_MARKET:     { label: 'Extern',   color: '#d97706' },
+  FUTURE_AVAILABILITY: { label: 'Signal',   color: '#7c3aed' },
+}
+
+interface Props {
+  vm: MatchCardViewModel
+  onRemove?: () => void
+}
+
+export function MatchCardCompareMini({ vm, onRemove }: Props) {
+  const rt = RESULT_TYPE_META[vm.resultType] ?? { label: vm.resultType, color: '#64748b' }
+  const topReason = vm.reasons[0]
+
+  return (
+    <Card sx={{ p: 1.5, minWidth: 180, maxWidth: 220, position: 'relative', flexShrink: 0 }}>
+      {onRemove && (
+        <IconButton
+          size="small"
+          onClick={onRemove}
+          sx={{ position: 'absolute', top: 4, right: 4, p: 0.25 }}
+        >
+          <X size={14} />
+        </IconButton>
+      )}
+
+      <Box sx={{ display: 'flex', alignItems: 'center', gap: 1, mb: 0.5, pr: 2 }}>
+        <MatchScoreDisplay score={vm.matchScore} size="sm" />
+        <Chip
+          label={rt.label}
+          size="small"
+          sx={{ bgcolor: rt.color, color: 'white', fontSize: 10, height: 18 }}
+        />
+      </Box>
+
+      <Typography variant="caption" sx={{ fontWeight: 600, display: 'block' }} noWrap>
+        {vm.title}
+      </Typography>
+      <Typography variant="caption" color="text.secondary" noWrap>
+        {vm.locationLabel}
+      </Typography>
+
+      {topReason && (
+        <>
+          <Divider sx={{ my: 0.75 }} />
+          <Typography
+            variant="caption"
+            color="text.secondary"
+            sx={{
+              display: '-webkit-box',
+              overflow: 'hidden',
+              WebkitLineClamp: 2,
+              WebkitBoxOrient: 'vertical',
+            }}
+          >
+            {topReason.explanation}
+          </Typography>
+        </>
+      )}
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardExpanded.tsx b/src/components/match-card/MatchCardExpanded.tsx
new file mode 100644
index 0000000..305ba19
--- /dev/null
+++ b/src/components/match-card/MatchCardExpanded.tsx
@@ -0,0 +1,102 @@
+import { Alert, Box, Card, Divider, Typography } from '@mui/material'
+import { MapPin } from 'lucide-react'
+import { MatchCardHeader } from './MatchCardHeader'
+import { MatchReasonList } from './MatchReasonList'
+import { TradeoffList } from './TradeoffList'
+import { MatchDataQualitySummary } from './MatchDataQualitySummary'
+import { MatchActionToolbar } from './MatchActionToolbar'
+import { MatchCardRestrictedState } from './MatchCardRestrictedState'
+import type { MatchCardViewModel } from './MatchCardViewModel'
+
+interface Props {
+  vm: MatchCardViewModel
+}
+
+export function MatchCardExpanded({ vm }: Props) {
+  if (vm.isRestricted) return <MatchCardRestrictedState />
+
+  return (
+    <Card sx={{ p: 3, mb: 2 }}>
+      {/* FUTURE_AVAILABILITY disclaimer — mandatory */}
+      {vm.disclaimer && (
+        <Alert severity="warning" sx={{ mb: 2 }}>
+          {vm.disclaimer}
+        </Alert>
+      )}
+
+      {vm.isReviewRequired && (
+        <Alert severity="info" sx={{ mb: 2 }}>
+          Manuelle Überprüfung erforderlich
+        </Alert>
+      )}
+
+      <MatchCardHeader vm={vm} />
+
+      {/* Primary summary zone */}
+      <Box sx={{ mt: 2, mb: 2 }}>
+        <Typography variant="h6" sx={{ fontWeight: 700 }}>
+          {vm.title}
+        </Typography>
+        <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5, mt: 0.5 }}>
+          <MapPin size={14} color="#64748b" />
+          <Typography variant="body2" color="text.secondary">{vm.locationLabel}</Typography>
+        </Box>
+        {vm.availabilityLabel && (
+          <Typography variant="body2" color="text.secondary" sx={{ mt: 0.25 }}>
+            Verfügbar: {vm.availabilityLabel}
+          </Typography>
+        )}
+        {vm.explainabilitySummary && (
+          <Typography
+            variant="body2"
+            color="text.secondary"
+            sx={{ mt: 1, p: 1.5, bgcolor: '#f8fafc', borderRadius: 1, borderLeft: '3px solid #e2e8f0' }}
+          >
+            {vm.explainabilitySummary}
+          </Typography>
+        )}
+      </Box>
+
+      <Divider sx={{ mb: 2 }} />
+
+      {/* Why it matches — all 3 reasons */}
+      {vm.reasons.length > 0 && (
+        <Box sx={{ mb: 2 }}>
+          <MatchReasonList reasons={vm.reasons} maxItems={3} />
+        </Box>
+      )}
+
+      {/* Tradeoffs — up to 3 */}
+      {vm.tradeoffs.length > 0 && (
+        <>
+          <Divider sx={{ mb: 1.5 }} />
+          <Box sx={{ mb: 2 }}>
+            <TradeoffList tradeoffs={vm.tradeoffs} maxItems={3} />
+          </Box>
+        </>
+      )}
+
+      {/* Data quality — full view */}
+      <Divider sx={{ mb: 1.5 }} />
+      <Box sx={{ mb: 2 }}>
+        <MatchDataQualitySummary
+          dataQualityScore={vm.dataQualityScore}
+          missingData={vm.missingData}
+        />
+      </Box>
+
+      {vm.sourceLabel && (
+        <Typography variant="caption" color="text.secondary" sx={{ display: 'block', mb: 1.5 }}>
+          Quelle: {vm.sourceLabel}
+          {vm.externalUrl && (
+            <a href={vm.externalUrl} target="_blank" rel="noopener noreferrer" style={{ marginLeft: 4 }}>
+              ↗
+            </a>
+          )}
+        </Typography>
+      )}
+
+      <MatchActionToolbar actions={vm.actions} />
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardHeader.tsx b/src/components/match-card/MatchCardHeader.tsx
new file mode 100644
index 0000000..488dff9
--- /dev/null
+++ b/src/components/match-card/MatchCardHeader.tsx
@@ -0,0 +1,60 @@
+import { Box, Chip } from '@mui/material'
+import { MatchScoreDisplay } from './MatchScoreDisplay'
+import type { MatchCardViewModel } from './MatchCardViewModel'
+
+const RESULT_TYPE_META: Record<string, { label: string; color: string }> = {
+  VERIFIED_PORTFOLIO:  { label: 'Verified Portfolio', color: '#1e3a5f' },
+  EXTERNAL_MARKET:     { label: 'Marktinserat',       color: '#d97706' },
+  FUTURE_AVAILABILITY: { label: 'Zukunftssignal',     color: '#7c3aed' },
+}
+
+function confidenceColor(score: number): string {
+  if (score >= 0.75) return '#1a7a4a'
+  if (score >= 0.55) return '#d97706'
+  return '#c0392b'
+}
+
+interface Props {
+  vm: MatchCardViewModel
+  compact?: boolean
+}
+
+export function MatchCardHeader({ vm, compact }: Props) {
+  const rt = RESULT_TYPE_META[vm.resultType] ?? { label: vm.resultType, color: '#64748b' }
+  const confPct = Math.round(vm.confidenceScore * 100)
+
+  const topRisk = vm.risks.length > 0 ? vm.risks[0].level : undefined
+  const showRiskBadge = topRisk && topRisk !== 'LOW'
+  const riskLabel = topRisk === 'CRITICAL' ? 'Kritisch' : topRisk === 'HIGH' ? 'Hohes Risiko' : 'Mittleres Risiko'
+  const riskColor: 'error' | 'warning' = (topRisk === 'HIGH' || topRisk === 'CRITICAL') ? 'error' : 'warning'
+
+  return (
+    <Box sx={{ display: 'flex', alignItems: 'flex-start', justifyContent: 'space-between', gap: 1, flexWrap: 'wrap' }}>
+      {/* Score — leftmost, most prominent */}
+      <MatchScoreDisplay score={vm.matchScore} size={compact ? 'sm' : 'md'} />
+
+      {/* Badges: resultType → assetType → confidence → availability → risk */}
+      <Box sx={{ display: 'flex', flexWrap: 'wrap', gap: 0.5, alignItems: 'center' }}>
+        <Chip
+          label={rt.label}
+          size="small"
+          sx={{ bgcolor: rt.color, color: 'white', fontWeight: 600, fontSize: 11 }}
+        />
+        {vm.assetType && (
+          <Chip label={vm.assetType} size="small" variant="outlined" sx={{ fontSize: 11 }} />
+        )}
+        <Chip
+          label={`${confPct}% Konfidenz`}
+          size="small"
+          sx={{ bgcolor: confidenceColor(vm.confidenceScore), color: 'white', fontSize: 11 }}
+        />
+        {vm.availabilityLabel && (
+          <Chip label={vm.availabilityLabel} size="small" variant="outlined" sx={{ fontSize: 11 }} />
+        )}
+        {showRiskBadge && (
+          <Chip label={riskLabel} size="small" color={riskColor} variant="outlined" />
+        )}
+      </Box>
+    </Box>
+  )
+}
diff --git a/src/components/match-card/MatchCardRestrictedState.tsx b/src/components/match-card/MatchCardRestrictedState.tsx
new file mode 100644
index 0000000..91033f2
--- /dev/null
+++ b/src/components/match-card/MatchCardRestrictedState.tsx
@@ -0,0 +1,25 @@
+import { Box, Card, Typography } from '@mui/material'
+import { Lock } from 'lucide-react'
+
+interface Props {
+  title?: string
+  message?: string
+}
+
+export function MatchCardRestrictedState({ title, message }: Props) {
+  return (
+    <Card sx={{ p: 2.5, mb: 1.5, bgcolor: '#f8fafc', border: '1px solid #e2e8f0' }}>
+      <Box sx={{ display: 'flex', alignItems: 'center', gap: 1.5, py: 0.5 }}>
+        <Lock size={20} color="#94a3b8" />
+        <Box>
+          <Typography variant="subtitle2" color="text.secondary" sx={{ fontWeight: 600 }}>
+            {title ?? 'Zugriff eingeschränkt'}
+          </Typography>
+          <Typography variant="caption" color="text.secondary">
+            {message ?? 'Sie haben keine Berechtigung, dieses Match einzusehen.'}
+          </Typography>
+        </Box>
+      </Box>
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardReview.tsx b/src/components/match-card/MatchCardReview.tsx
new file mode 100644
index 0000000..fe63ee4
--- /dev/null
+++ b/src/components/match-card/MatchCardReview.tsx
@@ -0,0 +1,100 @@
+import { Alert, Box, Card, Chip, Divider, Typography } from '@mui/material'
+import { AlertTriangle } from 'lucide-react'
+import { MatchCardHeader } from './MatchCardHeader'
+import { MatchReasonList } from './MatchReasonList'
+import { MatchDataQualitySummary } from './MatchDataQualitySummary'
+import { MatchActionToolbar } from './MatchActionToolbar'
+import type { MatchCardViewModel } from './MatchCardViewModel'
+import type { Risk } from '../../domain/match'
+
+function riskChipColor(level: Risk['level']): 'error' | 'warning' | 'success' {
+  if (level === 'CRITICAL' || level === 'HIGH') return 'error'
+  if (level === 'MEDIUM') return 'warning'
+  return 'success'
+}
+
+interface Props {
+  vm: MatchCardViewModel
+}
+
+export function MatchCardReview({ vm }: Props) {
+  return (
+    <Card sx={{ p: 2.5, mb: 1.5, border: '1px solid #fde68a', bgcolor: '#fffbeb' }}>
+      {vm.disclaimer && (
+        <Alert severity="warning" sx={{ mb: 1.5 }}>
+          {vm.disclaimer}
+        </Alert>
+      )}
+
+      <MatchCardHeader vm={vm} />
+
+      <Box sx={{ mt: 1.5, mb: 1.5 }}>
+        <Typography variant="subtitle1" sx={{ fontWeight: 600 }}>
+          {vm.title}
+        </Typography>
+        <Typography variant="body2" color="text.secondary">
+          {vm.locationLabel}
+        </Typography>
+        {vm.explainabilitySummary && (
+          <Typography variant="body2" color="text.secondary" sx={{ mt: 0.75, fontStyle: 'italic' }}>
+            {vm.explainabilitySummary}
+          </Typography>
+        )}
+      </Box>
+
+      <Divider sx={{ mb: 1.5 }} />
+
+      {/* Reasons with scores */}
+      {vm.reasons.length > 0 && (
+        <Box sx={{ mb: 1.5 }}>
+          <MatchReasonList reasons={vm.reasons} maxItems={3} />
+        </Box>
+      )}
+
+      {/* Risks — prominent in review context */}
+      {vm.risks.length > 0 && (
+        <Box sx={{ mb: 1.5 }}>
+          <Typography variant="caption" sx={{ fontWeight: 600, color: '#64748b', display: 'block', mb: 0.75 }}>
+            Risiken
+          </Typography>
+          <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.75 }}>
+            {vm.risks.map((r, i) => (
+              <Box key={i} sx={{ display: 'flex', alignItems: 'flex-start', gap: 0.75 }}>
+                <AlertTriangle size={14} color="#d97706" style={{ marginTop: 2, flexShrink: 0 }} />
+                <Box>
+                  <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5, mb: 0.25 }}>
+                    <Chip
+                      label={r.category}
+                      size="small"
+                      color={riskChipColor(r.level)}
+                      variant="outlined"
+                    />
+                  </Box>
+                  <Typography variant="caption" color="text.secondary">
+                    {r.description}
+                  </Typography>
+                  {r.mitigation && (
+                    <Typography variant="caption" color="text.secondary" sx={{ display: 'block', fontStyle: 'italic' }}>
+                      → {r.mitigation}
+                    </Typography>
+                  )}
+                </Box>
+              </Box>
+            ))}
+          </Box>
+        </Box>
+      )}
+
+      {/* Missing data — full detail for review */}
+      <Box sx={{ mb: 1.5 }}>
+        <MatchDataQualitySummary
+          dataQualityScore={vm.dataQualityScore}
+          missingData={vm.missingData}
+        />
+      </Box>
+
+      <Divider sx={{ mb: 1.5 }} />
+      <MatchActionToolbar actions={vm.actions} />
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardSkeleton.tsx b/src/components/match-card/MatchCardSkeleton.tsx
new file mode 100644
index 0000000..77e3f70
--- /dev/null
+++ b/src/components/match-card/MatchCardSkeleton.tsx
@@ -0,0 +1,40 @@
+import { Box, Card, Skeleton } from '@mui/material'
+
+interface Props {
+  variant?: 'compact' | 'expanded' | 'compare-mini'
+}
+
+export function MatchCardSkeleton({ variant = 'compact' }: Props) {
+  if (variant === 'compare-mini') {
+    return (
+      <Card sx={{ p: 1.5, minWidth: 180 }}>
+        <Skeleton variant="text" width={60} sx={{ fontSize: '1.25rem', mb: 0.5 }} />
+        <Skeleton variant="text" width={120} />
+        <Skeleton variant="text" width={80} />
+      </Card>
+    )
+  }
+
+  return (
+    <Card sx={{ p: 2.5, mb: 1.5 }}>
+      <Box sx={{ display: 'flex', justifyContent: 'space-between', alignItems: 'flex-start', mb: 1.5 }}>
+        <Skeleton variant="text" width={60} sx={{ fontSize: '1.75rem' }} />
+        <Box sx={{ display: 'flex', gap: 0.5 }}>
+          <Skeleton variant="rounded" width={110} height={22} />
+          <Skeleton variant="rounded" width={90} height={22} />
+          <Skeleton variant="rounded" width={80} height={22} />
+        </Box>
+      </Box>
+      <Skeleton variant="text" width="55%" sx={{ mb: 0.5 }} />
+      <Skeleton variant="text" width="35%" sx={{ mb: 1.5 }} />
+      {variant === 'expanded' && (
+        <>
+          <Skeleton variant="text" width="80%" />
+          <Skeleton variant="text" width="70%" />
+          <Skeleton variant="rounded" height={40} sx={{ mt: 1, mb: 1 }} />
+        </>
+      )}
+      <Skeleton variant="rounded" height={32} sx={{ mt: 1 }} />
+    </Card>
+  )
+}
diff --git a/src/components/match-card/MatchCardViewModel.ts b/src/components/match-card/MatchCardViewModel.ts
new file mode 100644
index 0000000..20d8e5b
--- /dev/null
+++ b/src/components/match-card/MatchCardViewModel.ts
@@ -0,0 +1,56 @@
+import type { ResultType } from '../../domain/enums'
+import type { TradeOff, Risk, MissingDataItem } from '../../domain/match'
+
+export type MatchCardVariant = 'compact' | 'expanded' | 'review' | 'compare-mini'
+
+export type MatchCardActionType =
+  | 'OPEN_DETAIL'
+  | 'ADD_COMPARE'
+  | 'SAVE_SHORTLIST'
+  | 'SEND_REVIEW'
+  | 'REJECT'
+  | 'REQUEST_DATA'
+
+export interface MatchCardAction {
+  id: string
+  label: string
+  actionType: MatchCardActionType
+  variant?: 'primary' | 'secondary' | 'danger'
+  disabled?: boolean
+  onClick: () => void
+}
+
+export interface MatchCardReason {
+  type: 'HARD_FACT' | 'SOFT_FACTOR' | 'STRATEGIC'
+  label: string
+  explanation: string
+  score: number
+}
+
+export interface MatchCardViewModel {
+  id: string
+  title: string
+  resultType: ResultType
+  assetType?: string
+  matchScore: number
+  confidenceScore: number      // 0–1
+  dataQualityScore: number     // 0–1
+  locationLabel: string
+  availabilityLabel?: string
+  sourceLabel?: string
+  externalUrl?: string
+  reasons: MatchCardReason[]   // max 3: HARD_FACT, SOFT_FACTOR, STRATEGIC
+  tradeoffs: TradeOff[]
+  risks: Risk[]
+  missingData: MissingDataItem[]
+  actions: MatchCardAction[]
+  disclaimer?: string          // required for FUTURE_AVAILABILITY
+  explainabilitySummary?: string
+
+  // States
+  isSelected?: boolean
+  isCompareSelected?: boolean
+  isRestricted?: boolean
+  isReviewRequired?: boolean
+  isStaleData?: boolean
+}
diff --git a/src/components/match-card/MatchDataQualitySummary.tsx b/src/components/match-card/MatchDataQualitySummary.tsx
new file mode 100644
index 0000000..efb44ac
--- /dev/null
+++ b/src/components/match-card/MatchDataQualitySummary.tsx
@@ -0,0 +1,51 @@
+import { Alert, Box, LinearProgress, Typography } from '@mui/material'
+import type { MissingDataItem } from '../../domain/match'
+
+interface Props {
+  dataQualityScore: number
+  missingData: MissingDataItem[]
+  compact?: boolean
+}
+
+export function MatchDataQualitySummary({ dataQualityScore, missingData, compact }: Props) {
+  const pct = Math.round(dataQualityScore * 100)
+  const hasCritical = missingData.some(m => m.importance === 'CRITICAL')
+  const criticalItem = missingData.find(m => m.importance === 'CRITICAL')
+  const progressColor: 'success' | 'warning' | 'error' = pct >= 80 ? 'success' : pct >= 60 ? 'warning' : 'error'
+
+  if (compact) {
+    if (!hasCritical) return null
+    return (
+      <Alert severity="warning" sx={{ py: 0.25, px: 1, mb: 0.5, '& .MuiAlert-message': { fontSize: 11 } }}>
+        Kritische Daten fehlen: {criticalItem?.field}
+      </Alert>
+    )
+  }
+
+  return (
+    <Box>
+      <Typography variant="caption" sx={{ fontWeight: 600, color: '#64748b', display: 'block', mb: 0.75 }}>
+        Datenqualität
+      </Typography>
+      {hasCritical && (
+        <Alert severity="warning" sx={{ py: 0.25, px: 1, mb: 0.75, '& .MuiAlert-message': { fontSize: 11 } }}>
+          Kritische Daten fehlen: {criticalItem?.field}
+        </Alert>
+      )}
+      <Box sx={{ display: 'flex', alignItems: 'center', gap: 1 }}>
+        <Box sx={{ flex: 1 }}>
+          <LinearProgress variant="determinate" value={pct} sx={{ height: 6, borderRadius: 3 }} color={progressColor} />
+        </Box>
+        <Typography variant="caption" color="text.secondary" sx={{ minWidth: 32 }}>
+          {pct}%
+        </Typography>
+      </Box>
+      {missingData.length > 0 && (
+        <Typography variant="caption" color="text.secondary" sx={{ display: 'block', mt: 0.5 }}>
+          {missingData.length} fehlende{missingData.length > 1 ? '' : 's'} Feld{missingData.length > 1 ? 'er' : ''}
+          {criticalItem ? ` · kritisch: ${criticalItem.field}` : ''}
+        </Typography>
+      )}
+    </Box>
+  )
+}
diff --git a/src/components/match-card/MatchReasonList.tsx b/src/components/match-card/MatchReasonList.tsx
new file mode 100644
index 0000000..7c6171b
--- /dev/null
+++ b/src/components/match-card/MatchReasonList.tsx
@@ -0,0 +1,38 @@
+import { Box, Typography } from '@mui/material'
+import { CheckCircle2 } from 'lucide-react'
+import type { MatchCardReason } from './MatchCardViewModel'
+
+interface Props {
+  reasons: MatchCardReason[]
+  maxItems?: number
+}
+
+export function MatchReasonList({ reasons, maxItems = 3 }: Props) {
+  if (reasons.length === 0) return null
+  const shown = reasons.slice(0, maxItems)
+
+  return (
+    <Box>
+      <Typography variant="caption" sx={{ fontWeight: 600, color: '#64748b', display: 'block', mb: 0.75 }}>
+        Warum dieses Match
+      </Typography>
+      <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.75 }}>
+        {shown.map((r, i) => (
+          <Box key={i} sx={{ display: 'flex', alignItems: 'flex-start', gap: 0.75 }}>
+            <CheckCircle2 size={14} color="#1a7a4a" style={{ marginTop: 2, flexShrink: 0 }} />
+            <Box>
+              <Typography variant="caption" sx={{ fontWeight: 600, color: '#1a7a4a' }}>
+                {r.label}
+              </Typography>
+              {r.explanation && (
+                <Typography variant="caption" color="text.secondary" sx={{ display: 'block' }}>
+                  {r.explanation}
+                </Typography>
+              )}
+            </Box>
+          </Box>
+        ))}
+      </Box>
+    </Box>
+  )
+}
diff --git a/src/components/match-card/MatchScoreDisplay.tsx b/src/components/match-card/MatchScoreDisplay.tsx
new file mode 100644
index 0000000..a94acf9
--- /dev/null
+++ b/src/components/match-card/MatchScoreDisplay.tsx
@@ -0,0 +1,25 @@
+import { Box, Typography } from '@mui/material'
+
+interface Props {
+  score: number
+  size?: 'sm' | 'md' | 'lg'
+}
+
+function scoreColor(score: number): string {
+  if (score >= 78) return '#1a7a4a'
+  if (score >= 52) return '#d97706'
+  return '#c0392b'
+}
+
+const FONT_SIZES: Record<string, string> = { sm: '1.25rem', md: '1.75rem', lg: '2.5rem' }
+
+export function MatchScoreDisplay({ score, size = 'md' }: Props) {
+  return (
+    <Box sx={{ display: 'flex', alignItems: 'baseline', gap: 0.25, flexShrink: 0 }}>
+      <Typography sx={{ fontWeight: 800, fontSize: FONT_SIZES[size], color: scoreColor(score), lineHeight: 1 }}>
+        {score}
+      </Typography>
+      <Typography variant="caption" color="text.secondary">/100</Typography>
+    </Box>
+  )
+}
diff --git a/src/components/match-card/TradeoffList.tsx b/src/components/match-card/TradeoffList.tsx
new file mode 100644
index 0000000..6dae321
--- /dev/null
+++ b/src/components/match-card/TradeoffList.tsx
@@ -0,0 +1,56 @@
+import { Box, Typography } from '@mui/material'
+import { ArrowLeftRight } from 'lucide-react'
+import type { TradeOff } from '../../domain/match'
+
+function severityColor(severity: TradeOff['severity']): string {
+  if (severity === 'HIGH') return '#d97706'
+  if (severity === 'MEDIUM') return '#92400e'
+  return '#64748b'
+}
+
+interface Props {
+  tradeoffs: TradeOff[]
+  maxItems?: number
+  compact?: boolean
+}
+
+export function TradeoffList({ tradeoffs, maxItems = 3, compact }: Props) {
+  if (tradeoffs.length === 0) return null
+  const shown = tradeoffs.slice(0, maxItems)
+
+  return (
+    <Box>
+      <Typography variant="caption" sx={{ fontWeight: 600, color: '#64748b', display: 'block', mb: 0.75 }}>
+        Abwägungen
+      </Typography>
+      <Box sx={{ display: 'flex', flexDirection: 'column', gap: 0.5 }}>
+        {shown.map((t, i) => (
+          <Box key={i} sx={{ display: 'flex', alignItems: 'flex-start', gap: 0.75 }}>
+            <ArrowLeftRight size={14} color="#d97706" style={{ marginTop: 2, flexShrink: 0 }} />
+            <Box>
+              {compact ? (
+                <Typography variant="caption" sx={{ color: severityColor(t.severity) }}>
+                  {t.concern}
+                </Typography>
+              ) : (
+                <>
+                  <Typography variant="caption" sx={{ fontWeight: 600, color: severityColor(t.severity) }}>
+                    {t.criterion}
+                  </Typography>
+                  <Typography variant="caption" color="text.secondary" sx={{ display: 'block' }}>
+                    {t.concern}
+                  </Typography>
+                  {t.mitigation && (
+                    <Typography variant="caption" color="text.secondary" sx={{ display: 'block', fontStyle: 'italic' }}>
+                      → {t.mitigation}
+                    </Typography>
+                  )}
+                </>
+              )}
+            </Box>
+          </Box>
+        ))}
+      </Box>
+    </Box>
+  )
+}
diff --git a/src/components/match-card/index.ts b/src/components/match-card/index.ts
new file mode 100644
index 0000000..cc6f354
--- /dev/null
+++ b/src/components/match-card/index.ts
@@ -0,0 +1,20 @@
+export { MatchCard } from './MatchCard'
+export { MatchCardCompact } from './MatchCardCompact'
+export { MatchCardExpanded } from './MatchCardExpanded'
+export { MatchCardReview } from './MatchCardReview'
+export { MatchCardCompareMini } from './MatchCardCompareMini'
+export { MatchCardHeader } from './MatchCardHeader'
+export { MatchScoreDisplay } from './MatchScoreDisplay'
+export { MatchReasonList } from './MatchReasonList'
+export { TradeoffList } from './TradeoffList'
+export { MatchDataQualitySummary } from './MatchDataQualitySummary'
+export { MatchActionToolbar } from './MatchActionToolbar'
+export { MatchCardSkeleton } from './MatchCardSkeleton'
+export { MatchCardRestrictedState } from './MatchCardRestrictedState'
+export type {
+  MatchCardViewModel,
+  MatchCardVariant,
+  MatchCardAction,
+  MatchCardActionType,
+  MatchCardReason,
+} from './MatchCardViewModel'
diff --git a/src/components/results/UnifiedResultCard.tsx b/src/components/results/UnifiedResultCard.tsx
index e8c2714..6b590e9 100644
--- a/src/components/results/UnifiedResultCard.tsx
+++ b/src/components/results/UnifiedResultCard.tsx
@@ -1,16 +1,7 @@
-import { Alert, Box, Button, Card, Chip, Divider, Stack, Typography } from '@mui/material'
-import { Banknote, Bookmark, Calendar, Columns2, MapPin, Maximize2 } from 'lucide-react'
+import { MatchCardCompact } from '../match-card/MatchCardCompact'
+import { buildMatchCardViewModel } from '../../features/matching/matchCardAdapter'
 import type { UnifiedMatchResult } from '../../domain/unifiedResult'
-import type { Property } from '../../domain/property'
-import type { FutureSignal } from '../../domain/futureSignal'
-import { ResultConfidenceSummary } from './ResultConfidenceSummary'
-import { ResultTypeBadge } from './ResultTypeBadge'
-
-function scoreColor(score: number): string {
-  if (score >= 78) return '#1a7a4a'
-  if (score >= 52) return '#d97706'
-  return '#c0392b'
-}
+import type { MatchCardAction } from '../match-card/MatchCardViewModel'
 
 interface Props {
   result: UnifiedMatchResult
@@ -19,141 +10,41 @@ interface Props {
 }
 
 export function UnifiedResultCard({ result, isInCompare, onCompare }: Props) {
-  const { match, matchScore, resultType } = result
+  const isFuture = result.resultType === 'FUTURE_AVAILABILITY'
+  const compareId = !isFuture
+    ? (result as { property: { id: string } }).property.id
+    : ''
 
-  const isFuture = resultType === 'FUTURE_AVAILABILITY'
-  const property: Property | undefined = !isFuture ? (result as { property: Property }).property : undefined
-  const signal: FutureSignal | undefined = isFuture ? (result as { signal: FutureSignal }).signal : undefined
+  const actions: MatchCardAction[] = [
+    {
+      id: 'shortlist',
+      label: 'Shortlist',
+      actionType: 'SAVE_SHORTLIST',
+      variant: 'secondary',
+      disabled: true,
+      onClick: () => {},
+    },
+    ...(!isFuture
+      ? [
+          {
+            id: 'compare',
+            label: 'Vergleichen',
+            actionType: 'ADD_COMPARE' as const,
+            variant: (isInCompare ? 'primary' : 'secondary') as 'primary' | 'secondary',
+            onClick: () => onCompare(compareId),
+          },
+        ]
+      : []),
+    {
+      id: 'details',
+      label: 'Details',
+      actionType: 'OPEN_DETAIL',
+      variant: 'primary',
+      disabled: true,
+      onClick: () => {},
+    },
+  ]
 
-  const compareId = property?.id ?? ''
-
-  const title     = property?.title ?? signal?.companyName ?? signal?.locationHint ?? '–'
-  const city      = property?.location?.city ?? signal?.locationHint ?? '–'
-  const areaSqm   = property?.areaSqm ?? signal?.areaSqmEstimate
-  const rent      = property?.rentPricePerSqm
-  const available = property?.availabilityDate
-  const dqScore   = property?.dataQuality?.score
-
-  return (
-    <Card sx={{ p: 2.5, mb: 1.5 }}>
-      {/* FUTURE_AVAILABILITY disclaimer — always shown, non-dismissable */}
-      {isFuture && (
-        <Alert severity="warning" sx={{ mb: 1.5, py: 0.5 }}>
-          {signal?.disclaimer ?? 'Probabilistisches Signal – kein bestätigtes Objekt'}
-        </Alert>
-      )}
-
-      {/* Header */}
-      <Box sx={{ display: 'flex', alignItems: 'flex-start', justifyContent: 'space-between', mb: 1.5 }}>
-        <Box sx={{ display: 'flex', alignItems: 'center', gap: 1.5 }}>
-          <ResultTypeBadge resultType={resultType} />
-          <Typography variant="h6" sx={{ fontWeight: 600 }}>{title}</Typography>
-        </Box>
-        <Box sx={{ display: 'flex', alignItems: 'baseline', gap: 0.5 }}>
-          <Typography variant="h4" sx={{ fontWeight: 800, color: scoreColor(matchScore) }}>
-            {matchScore}
-          </Typography>
-          <Typography variant="body2" color="text.secondary">/100</Typography>
-        </Box>
-      </Box>
-
-      {/* Key facts */}
-      <Stack direction="row" spacing={2.5} sx={{ mb: 1.5, flexWrap: 'wrap' }}>
-        <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5 }}>
-          <MapPin size={14} color="#64748b" />
-          <Typography variant="body2" color="text.secondary">{city}</Typography>
-        </Box>
-        {areaSqm !== undefined && (
-          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5 }}>
-            <Maximize2 size={14} color="#64748b" />
-            <Typography variant="body2" color="text.secondary">{areaSqm} m²</Typography>
-          </Box>
-        )}
-        {rent !== undefined && (
-          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5 }}>
-            <Banknote size={14} color="#64748b" />
-            <Typography variant="body2" color="text.secondary">CHF {rent}/m²</Typography>
-          </Box>
-        )}
-        {available && (
-          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5 }}>
-            <Calendar size={14} color="#64748b" />
-            <Typography variant="body2" color="text.secondary">{available}</Typography>
-          </Box>
-        )}
-        {isFuture && signal?.timeHorizonMonths && (
-          <Box sx={{ display: 'flex', alignItems: 'center', gap: 0.5 }}>
-            <Calendar size={14} color="#64748b" />
-            <Typography variant="body2" color="text.secondary">
-              ~{signal.timeHorizonMonths} Monate · {Math.round(signal.probability * 100)}% Wahrscheinlichkeit
-            </Typography>
-          </Box>
-        )}
-      </Stack>
-
-      <Divider sx={{ mb: 1.5 }} />
-
-      {/* Positive factors */}
-      {match.positiveFactors.length > 0 && (
-        <Box sx={{ mb: 1 }}>
-          <Typography variant="caption" sx={{ fontWeight: 600, display: 'block', mb: 0.5 }} color="text.secondary">
-            Positive Faktoren
-          </Typography>
-          <Stack direction="row" spacing={0.5} sx={{ flexWrap: 'wrap', gap: 0.5 }}>
-            {match.positiveFactors.slice(0, 3).map((f, i) => (
-              <Chip
-                key={i}
-                label={f.criterion}
-                size="small"
-                sx={{ bgcolor: '#f0fdf4', color: '#1a7a4a', border: '1px solid #bbf7d0', fontSize: 11 }}
-              />
-            ))}
-          </Stack>
-        </Box>
-      )}
-
-      {/* Tradeoffs */}
-      {(match.tradeoffs?.length ?? 0) > 0 && (
-        <Alert severity="warning" sx={{ py: 0.5, px: 1.5, mb: 1, '& .MuiAlert-message': { fontSize: 12 } }}>
-          <Typography variant="caption" sx={{ fontWeight: 600, display: 'block', mb: 0.5 }}>Abwägungen</Typography>
-          {match.tradeoffs.slice(0, 2).map((t, i) => (
-            <Typography key={i} variant="caption" sx={{ display: 'block' }}>
-              {t.criterion}: {t.concern}
-            </Typography>
-          ))}
-        </Alert>
-      )}
-
-      {/* Confidence + data quality */}
-      <Box sx={{ mb: 1.5 }}>
-        <ResultConfidenceSummary confidenceLevel={match.confidenceLevel} dataQualityScore={dqScore} />
-      </Box>
-
-      {/* Actions */}
-      <Box sx={{ display: 'flex', justifyContent: 'flex-end', gap: 1 }}>
-        <Button variant="outlined" size="small" startIcon={<Bookmark size={14} />} disabled>
-          Shortlist
-        </Button>
-        {!isFuture && (
-          <Button
-            variant={isInCompare ? 'contained' : 'outlined'}
-            size="small"
-            startIcon={<Columns2 size={14} />}
-            onClick={() => onCompare(compareId)}
-            sx={isInCompare ? { bgcolor: '#1e3a5f' } : {}}
-          >
-            Vergleichen
-          </Button>
-        )}
-        <Button
-          variant="contained"
-          size="small"
-          disabled
-          sx={{ bgcolor: '#1e3a5f', '&:hover': { bgcolor: '#162d4a' } }}
-        >
-          Details
-        </Button>
-      </Box>
-    </Card>
-  )
+  const vm = buildMatchCardViewModel(result, actions)
+  return <MatchCardCompact vm={vm} />
 }
diff --git a/src/features/matching/matchCardAdapter.ts b/src/features/matching/matchCardAdapter.ts
new file mode 100644
index 0000000..84d9b31
--- /dev/null
+++ b/src/features/matching/matchCardAdapter.ts
@@ -0,0 +1,110 @@
+import type {
+  UnifiedMatchResult,
+  VerifiedPortfolioResult,
+  ExternalMarketResult,
+  FutureAvailabilityResult,
+} from '../../domain/unifiedResult'
+import type { ScoreFactor } from '../../domain/match'
+import type {
+  MatchCardViewModel,
+  MatchCardAction,
+  MatchCardReason,
+} from '../../components/match-card/MatchCardViewModel'
+
+const HARD_CRITERIA = new Set(['area', 'location', 'budget', 'timing'])
+
+function buildReasons(positiveFactors: ScoreFactor[]): MatchCardReason[] {
+  const reasons: MatchCardReason[] = []
+
+  const hardFact = positiveFactors.find(f => HARD_CRITERIA.has(f.criterion))
+  const softFact = positiveFactors.find(f => !HARD_CRITERIA.has(f.criterion))
+
+  if (hardFact) {
+    reasons.push({
+      type: 'HARD_FACT',
+      label: capitalize(hardFact.criterion),
+      explanation: hardFact.explanation,
+      score: hardFact.score,
+    })
+  }
+  if (softFact) {
+    reasons.push({
+      type: 'SOFT_FACTOR',
+      label: capitalize(softFact.criterion),
+      explanation: softFact.explanation,
+      score: softFact.score,
+    })
+  }
+
+  return reasons
+}
+
+function capitalize(s: string): string {
+  return s.charAt(0).toUpperCase() + s.slice(1)
+}
+
+export function buildMatchCardViewModel(
+  result: UnifiedMatchResult,
+  actions: MatchCardAction[],
+): MatchCardViewModel {
+  const { match, matchScore, resultType } = result
+
+  const isFuture = resultType === 'FUTURE_AVAILABILITY'
+  const property = !isFuture
+    ? (result as VerifiedPortfolioResult | ExternalMarketResult).property
+    : undefined
+  const signal = isFuture
+    ? (result as FutureAvailabilityResult).signal
+    : undefined
+
+  const city = property?.location?.city
+  const district = property?.location?.district
+  const locationLabel = city
+    ? `${city}${district ? `, ${district}` : ''}`
+    : signal?.locationHint ?? '–'
+
+  const availabilityLabel =
+    property?.availabilityDate ??
+    (signal?.timeHorizonMonths ? `~${signal.timeHorizonMonths} Monate` : undefined)
+
+  const sourceLabel =
+    property?.sourceLabel ??
+    property?.sourceMeta?.sourceLabel ??
+    property?.sourceMeta?.sourceType
+
+  const externalUrl = property?.sourceUrl ?? property?.sourceMeta?.sourceUrl
+
+  const reasons = buildReasons(match.positiveFactors)
+
+  const dataQualityScore =
+    property?.dataQuality?.score ?? signal?.confidenceScore ?? 0.5
+
+  return {
+    id: result.matchId,
+    title:
+      property?.title ??
+      signal?.companyName ??
+      signal?.locationHint ??
+      '–',
+    resultType,
+    assetType: property?.assetType,
+    matchScore,
+    confidenceScore: match.confidenceLevel,
+    dataQualityScore,
+    locationLabel,
+    availabilityLabel,
+    sourceLabel,
+    externalUrl,
+    reasons,
+    tradeoffs: match.tradeoffs ?? [],
+    risks: match.risks ?? [],
+    missingData: match.missingData ?? [],
+    actions,
+    disclaimer: isFuture
+      ? (signal?.disclaimer ?? 'Probabilistisches Signal – kein bestätigtes Objekt')
+      : undefined,
+    explainabilitySummary: match.explainabilitySummary,
+    isReviewRequired: match.status === 'PENDING_REVIEW',
+    isStaleData: false,
+  }
+}