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 centrally located building is not only capable of being subdivided into three residential apartments but also has a service license for diverse business uses, enhancing its investment potential.
The valuation. The asking price of €164,500 is significantly below the fair value of €285,849, representing a discount of €121,349 (73.8%). This property is clearly underpriced according to market standards.
Fair value modelled at €285,849 from the area baseline, adjusted for condition and location. Asking €164,500 sits €121,349 (73.8%) below — the upside to fair value.
Asking €164,500 versus the Penacova, Penacova, Coimbra area baseline of €145,148 (€554/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.
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.
Penacova, Penacova, Coimbra
Area baseline €145,148 + condition -€94,156 + location +€13,205 = modelled fair value of €285,849 (€1,091/m²), a €121,349 (73.8%) gap versus the €164,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penacova · aff4de | Subject | €164,500 | €628 | — | 50 | 59 |
| Santo António dos Olivais · aff59c | Active | €390,000 | €1,200 | 91.1% | — | 63 |
| rua Tenente Campos Rego, 13 | Active | €750,000 | €1,744 | 177.8% | 30 | 57 |
| Santa Clara e Castelo Viegas · c1f12b | Active | €380,000 | €1,407 | 124.2% | 60 | 61 |
| terreiro do Mendonça, 5 | Active | €485,000 | €984 | 56.7% | — | 57 |
| Median comp | €437,500 | €1,304 | 107.6% | 45 | 59 |
Long-term rental The property is priced at €164,500, representing a significant 73.8% gap compared to the fair value of €285,849, indicating its potential as a sound long-term rental investment. With a gross yield of 0%, this property may need time to stabilize, but the pricing presents an attractive entry point given the neighborhood's safety and proximity to Coimbra. Value-add renovation Despite the current condition score of 52/100, the existing gap to fair value suggests that a strategic renovation could lead to significant appreciation once the property's condition improves. Enhancing the apartment building could target the residential market effectively, leveraging its location near Coimbra while increasing overall tenant appeal. Family rental The spacious layout of the 0-bed apartment building, combined with its location in a generally safe area, makes it suitable for family rentals, despite the need for upgrades. The allure of lower crime rates and access to amenities also positions this property favorably to attract family tenants in the future.
Economic and Tenant Instability Risk The combined economic stability score of 55 and tenant stability score of 60 suggests potential fluctuations in tenant retention and rental income, which could impact profitability.
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