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.
0-bedroom, 0-bathroom apartment_building of 262 m², built in 1992, energy rating D. Located Penacova parish, Penacova municipality, Coimbra district. Noteworthy features: This property offers a flexible layout with the potential for subdivision into three apartments and benefits from a service license for diverse business opportunities.
The valuation. The asking price of €164,500 is below the fair value of €174,019, representing a discount of €9,519 or 5.8%. This property is therefore considered underpriced, providing a potential advantage for investors looking to acquire at a lower initial cost.
Fair value modelled at €174,019 from the area baseline, adjusted for condition and location. Asking €164,500 sits €9,519 (5.8%) below — the upside to fair value.
Asking €164,500 versus the Penacova, Penacova, Coimbra area baseline of €258,856 (€988/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 52/100 (Condition 50 · Materials 54 · Room dimensions 56). Below-median condition lowers fair value versus a renovated baseline unit. Full condition report →
Neighbourhood score 59/100 (Housing Market 50 · Amenities 60 · Economic 55 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
Penacova, Penacova, Coimbra
Area baseline €258,856 + condition -€94,156 + location +€9,319 = modelled fair value of €174,019 (€664/m²), a €9,519 (5.8%) gap versus the €164,500 asking price.
Long-term rental The property at €164,500 represents a compelling opportunity for long-term rental in Penacova, as it is currently priced at 5.8% below its fair value of €174,019. With a safe neighborhood and proximity to Coimbra, demand for rental units is likely to grow despite the property's current 0% gross yield. Value-add renovation Investing in value-add renovations for this 0-bed apartment building could significantly enhance its rental appeal and overall value, especially given its current condition score of 52/100. The fair value gap suggests that improvements may allow for a profitable exit or increased rental income, capitalizing on the growing demand for housing in the area. Family rental The property is ideally suited for family rental given the regional safety and decent neighborhood score of 59/100, providing a stable environment for long-term tenants. As it stands, being priced 5.8% below fair value positions it well against similar properties, attracting families looking for affordability near mid-sized urban centers like Coimbra.
Moderate Economic Risk The economic stability score of 55/100 indicates potential vulnerability in the local economy, which may affect future rental income and property value.
