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 apartment of 133 m², built in 1976, energy rating E. Located Penafiel parish, Penafiel municipality, Porto district. Unique feature: The apartment includes a 59 m² attic, providing substantial additional storage or potential for conversion into usable living space, enhancing its overall value and functionality.
The valuation. The asking price of €240,000 is significantly higher than the fair value of €154,147, representing a difference of €85,853 or 35.8%. This property is overpriced based on current market conditions.
Fair value modelled at €154,147 from the area baseline, adjusted for condition and location. Asking €240,000 sits €85,853 (35.8%) above — overpriced versus fair value.
Asking €240,000 versus the Penafiel, Penafiel, Porto area baseline of €202,160 (€1,520/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 54/100 (Condition 60 · Materials 55 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Penafiel, Penafiel, Porto
Area baseline €202,160 + condition -€43,225 + location +€11,172 = modelled fair value of €154,147 (€1,159/m²), a €85,853 (35.8%) gap versus the €240,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penafiel · 0239d3 | Subject | €240,000 | €1,805 | — | 60 | 65 |
| avenida Gaspar Baltar, 28 | Active | €280,000 | €2,240 | 24.1% | 70 | 65 |
| rua Fonte de Honor | Active | €187,000 | €2,527 | 40.0% | 64 | 57 |
| rua António Nobre | Active | €335,000 | €2,204 | 22.1% | 70 | 64 |
| avenida Sacadura Cabral, 62 | Active | €300,000 | €2,308 | 27.9% | 75 | 59 |
| Median comp | €290,000 | €2,274 | 26.0% | 70 | 62 |
Long-term rental This property offers a gross yield of 3.8%, but its listing price of €240,000 significantly exceeds the fair value of €154,147, resulting in a 35.8% gap. Given the average conditions and neighbourhood rating, long-term rental might not yield satisfactory returns due to the overpriced nature of this investment. Buy-and-hold While holding this property might seem appealing due to its proximity to Porto, the current pricing is misaligned with its fair value, suggesting limited appreciation potential. The combination of a low condition score of 54/100 and an overpriced market could hinder long-term value growth. Family rental Although the safety and suburban characteristics of Penafiel are attractive for family rentals, the property is currently overpriced, leading to a notable concern regarding financial viability. Families seeking value may avoid a unit priced well above its fair value, diminishing its attractiveness in a competitive rental market.
Economic and Tenant Stability Risk: With both economic and tenant stability scores at 65/100, there is a moderate risk that economic downturns or tenant turnover could negatively impact rental income and occupancy rates.
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