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 82 m² on the 2nd floor. Located Penafiel parish, Penafiel municipality, Porto district. This property features two private balconies that enhance outdoor living and provide stunning views of the surrounding historic architecture, adding unique charm to the modern design.
The valuation. The asking price of €198,000 is significantly above the fair value of €129,642, resulting in an overpriced assessment of €68,358, or 34.5% higher than what the property is worth.
Fair value modelled at €129,642 from the area baseline, adjusted for condition and location. Asking €198,000 sits €68,358 (34.5%) above — overpriced versus fair value.
Asking €198,000 versus the Penafiel, Penafiel, Porto area baseline of €133,496 (€1,628/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 84/100 (Condition 85 · Materials 88 · Room dimensions 80). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 60 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Penafiel, Penafiel, Porto
Area baseline €133,496 + condition +€10,250 + location +€4,592 = modelled fair value of €129,642 (€1,581/m²), a €68,358 (34.5%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penafiel · da469f | Subject | €198,000 | €2,415 | — | 85 | 60 |
| avenida Soares de Moura | Active | €170,000 | €3,036 | 25.7% | — | 64 |
| Penafiel · 956a54 | Active | €249,000 | €2,058 | 14.8% | 72 | 68 |
| Penafiel · 8933ef | Active | €279,900 | €3,076 | 27.4% | 80 | 58 |
| avenida Sacadura Cabral, 247 | Active | €260,000 | €2,737 | 13.3% | 65 | 59 |
| Median comp | €254,500 | €2,887 | 19.5% | 72 | 62 |
Long-term rental The property in Penafiel is overpriced by 34.5% compared to its fair value, leading to concerns regarding the feasibility of a long-term rental strategy. With a gross yield of 0% and a neighborhood rating of 60/100, it may not attract a reliable tenant base, impacting cash flow stability. Family rental Given the property’s price point, it appears overpriced at €198,000, leading to potential challenges in securing families willing to pay a premium for the unit. The condition rating of 84/100 is commendable, but it may not suffice to justify the high asking price in a neighborhood rated at 60/100. Buy-and-hold This property’s significant gap from fair value suggests it is not a sound buy-and-hold investment at €198,000. The lack of rental yield and moderate neighborhood quality raises questions about future appreciation and rental demand, making this an unattractive long-term strategy.
Economic Dependency Risk The property's investment return may be vulnerable due to a moderate economic stability score of 60/100, indicating potential fluctuations in the local economy that could impact occupancy rates.**
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
