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 141 m² on the 2nd floor, built in 2018, energy rating B. Located on rua do Côvelo, 715, Guilhufe e Urrô parish, Penafiel municipality, Porto district. Noteworthy Features: The apartment includes a private condominium garden that can be reserved for exclusive use, enhancing the living experience in a tranquil setting. Condition: Well-maintained with mostly new components, offering a stylish atmosphere.
The valuation. The asking price of €278,500 sits below the fair value of €309,202, indicating a shortfall of €30,702 (9.9%). This offers a compelling opportunity for buyers looking for advantageous pricing in a competitive market.
Fair value modelled at €309,202 from 6 comparable sales in the area. Asking €278,500 sits €30,702 (9.9%) below — the upside to fair value.
Asking €278,500 versus the rua do Côvelo, 715 area baseline of €225,006 (€1,596/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 is above the parish average, lifting fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €225,006, adjusted for condition and micro-location, gives a modelled fair value of €309,202 (€2,193/m²), a €30,702 (9.9%) gap versus the €278,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Côvelo, 715 | Subject | €278,500 | €1,975 | — | 80 | 59 |
| Penafiel · 6ebad4 | Active | €324,500 | €1,955 | 1.0% | 75 | 61 |
| Penafiel · 6d54d5 | Active | €280,000 | €2,667 | 35.0% | 75 | 56 |
| rua Doutor José Bragança Tavares | Active | €235,000 | €2,080 | 5.3% | 72 | 60 |
| avenida Doutor Francisco Sá Carneiro, 163 | Active | €297,500 | €2,306 | 16.8% | 75 | 60 |
| Median comp | €288,750 | €2,193 | 11.0% | 75 | 60 |
Long-term rental The 2-bed apartment in Guilhufe e Urrô presents a promising opportunity for long-term rental, given its fair value of €309,202 compared to the listing price of €278,500. With a slight gap of just 9.9% to fair value and a decent condition rating of 78/100, it is likely to attract stable tenants looking for suburban living near Porto. Family rental This property is well-suited for family rental, benefiting from its size of 141m² and the suburban setting which offers proximity to Porto amenities. The neighbourhood ratings suggest an acceptable quality of housing, making it a viable choice for families seeking more space and comfort. Value-add renovation Investing in value-add renovation could enhance the attractiveness of this apartment, allowing for potential rental increases or increased resale value in the future. With the property being listed below its fair value, there is an opportunity to invest in improvements that could raise both the condition and the appeal of the unit in a growing area.
Economic Vulnerability The property's economic stability score of 50/100 indicates a high risk of market fluctuations potentially affecting rental income and property value.
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