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, 2-bathroom house of 90 m², built in 1981. Located Recezinhos (São Martinho) parish, Penafiel municipality, Porto district. Noteworthy Features: This property offers expansive outdoor potential with its 3,000 m2 plot, perfect for gardening or recreational use, and boasts excellent solar exposure for all-day natural light.
The valuation. The asking price of €150,000 is €45,350 (30.2%) above the fair value of €104,650, indicating that this property is overpriced. This discrepancy highlights a potential challenge for investors seeking a reasonable entry point.
Fair value modelled at €188,424 from the area baseline, adjusted for condition and location. Asking €150,000 sits €38,424 (25.6%) below — the upside to fair value.
Asking €150,000 versus the Recezinhos (São Martinho), Penafiel, Porto area baseline of €218,340 (€2,426/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 50/100 (Condition 54 · Materials 48 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 56/100 (Housing Market 60 · Amenities 55 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Recezinhos (São Martinho), Penafiel, Porto
Area baseline €218,340 + condition -€35,156 + location +€5,240 = modelled fair value of €188,424 (€2,094/m²), a €38,424 (25.6%) gap versus the €150,000 asking price.
Long-term rental The property in Recezinhos is overpriced at €150,000, which represents a 30.2% gap from its fair value of €104,650. With a gross yield of 0% and a subpar condition and neighbourhood score, this investment does not offer attractive returns for long-term rental. Family rental Despite its suburban location near Porto, the house's pricing places it at a disadvantage in the family rental market, making it overpriced compared to its fair value. Given its condition rating of 50/100 and neighbourhood score of 56/100, potential family tenants may seek better value in the area. Buy-and-hold Investing in this property as a buy-and-hold strategy is challenging due to its current valuation of €150,000, which is not justified given its fair value of €104,650. The low yield and average condition suggest that long-term appreciation may not compensate for the initial overvaluation of the asset.
Economic and Tenant Instability Risk The combined economic stability score of 50 and tenant stability score of 60 indicates a heightened risk of tenant turnover and vacancy, potentially affecting rental income consistency and overall property value.
