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.
2-bedroom, 1-bathroom apartment of 74 m², built in 1995, energy rating E. Located on rua Fonte de Honor, Penafiel parish, Penafiel municipality, Porto district. Noteworthy Features: The apartment boasts a spacious 40m² terrace ideal for outdoor gatherings and a common game field, promoting an active community lifestyle in the heart of Penafiel.
The valuation. The asking price of €187,000 is significantly above the fair value of €90,313, indicating that the property is overpriced by €96,687 (51.7%). This markup suggests limited potential for immediate investor gains.
Fair value modelled at €90,313 from the area baseline, adjusted for condition and location. Asking €187,000 sits €96,687 (51.7%) above — overpriced versus fair value.
Asking €187,000 versus the rua Fonte de Honor area baseline of €103,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 61/100 (Condition 64 · Materials 60 · Room dimensions 62). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 60 · Amenities 55 · Economic 55 · Tenant Quality 57). Strong amenities and housing-market momentum support a premium to baseline.
rua Fonte de Honor
Area baseline €103,600 + condition -€16,188 + location +€2,901 = modelled fair value of €90,313 (€1,220/m²), a €96,687 (51.7%) gap versus the €187,000 asking price.
Long-term rental The current price of €187,000 represents a significant overvaluation, with a 51.7% gap from the fair value of €90,313. Although the gross yield of 4.3% might seem attractive, it fails to justify the high entry price in a suburban neighborhood with a score of only 57/100. Family rental At a listing price of €187,000, this property is overpriced compared to its fair value of €90,313, creating a substantial gap of 51.7%. While the property could potentially attract families given its size, the current condition rating of 61/100 suggests that additional investment would be necessary to make it appealing in the competitive family rental market.
Economic and Tenant Instability The combined economic stability score of 55 and tenant stability score of 57 suggests potential volatility in rental income, indicating a risk that tenant turnover might be higher than expected, impacting overall profitability.
