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 164 m², built in 1986, energy rating F. Located Eja parish, Penafiel municipality, Porto district. Noteworthy Features: The property boasts three frontages enhancing natural light, and the granite stone construction ensures a unique aesthetic complemented by stunning views over the Marina of Entre-os-Rios.
The valuation. The asking price of €340,000 is significantly above fair value at €203,272, resulting in an overpricing of €136,728 (40.2%). This high asking price does not represent a justified investment.
Fair value modelled at €203,272 from the area baseline, adjusted for condition and location. Asking €340,000 sits €136,728 (40.2%) above — overpriced versus fair value.
Asking €340,000 versus the Eja, Penafiel, Porto area baseline of €229,600 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 (Condition 58 · Materials 65 · Room dimensions 65). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 59/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Eja, Penafiel, Porto
Area baseline €229,600 + condition -€34,594 + location +€8,266 = modelled fair value of €203,272 (€1,239/m²), a €136,728 (40.2%) gap versus the €340,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Eja · 02373a | Subject | €340,000 | €2,073 | — | 58 | 59 |
| Termas de São Vicente · 25f879 | Active | €295,000 | €1,639 | 20.9% | — | 63 |
| avenida de São Paio, 106 | Active | €295,000 | €1,639 | 20.9% | — | 60 |
| Termas de São Vicente · dee417 | Active | €230,000 | €1,597 | 23.0% | 47 | 58 |
| Rio de Moinhos · 937577 | Active | €225,000 | €2,586 | 24.7% | 72 | 62 |
| Median comp | €262,500 | €1,639 | 20.9% | 60 | 61 |
Long-term rental Given the fair value of €203,272, the property at €340,000 is overpriced by 40.2%, impacting its potential as a long-term rental investment. While the 6.3% gross yield may initially seem appealing, the excessive cost compared to fair market value could hinder rental returns and overall profitability. Value-add renovation Investing in value-add renovations for this property may not be financially prudent due to its overpricing at €340,000 when fair value is significantly lower at €203,272, creating a 40.2% gap. Although enhancements could improve property condition and tenant appeal, the inflated initial purchase price reduces the likelihood of achieving a satisfactory return on investment. Not ideal for: Luxury market This property is not suitable for the luxury market given its suburban location near Porto and its modest neighborhood ratings. The high asking price does not align with the expected appeal or amenities typically found in luxury developments.
Economic Instability Risk: With an economic stability score of 50/100, the potential for economic downturns could negatively impact tenant retention and rental income.
