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 131 m² on the 4th floor, built in 1999, energy rating C. Located Penafiel parish, Penafiel municipality, Porto district. Unique Feature: The living room boasts a fireplace and direct access to a balcony, offering unobstructed views and a perfect spot for relaxation or entertaining guests.
The valuation. The asking price of €267,000 is €35,517 below the fair value of €302,517, indicating the property is underpriced by approximately 11.7%. This presents an attractive opportunity for potential buyers seeking value. Buy-to-flip angle. The strategy involves acquiring the apartment and leveraging its good condition and desirable location to flip it for a profit. With an estimated fair value significantly above the asking price, a resale could yield substantial returns. Buy-to-let angle. This apartment offers a gross yield of 4.1%, with estimated rental income of ~€912 per month. Its family-friendly features and access to amenities make it an appealing option for long-term tenants in the Penafiel area.
Fair value modelled at €302,517 from 6 comparable sales in the area. Asking €267,000 sits €35,517 (11.7%) below — the upside to fair value.
Asking €267,000 versus the Penafiel, Penafiel, Porto area baseline of €245,556 (€1,874/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €245,556, adjusted for condition and micro-location, gives a modelled fair value of €302,517 (€2,309/m²), a €35,517 (11.7%) gap versus the €267,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penafiel · 3df64a | Subject | €267,000 | €2,038 | — | 75 | 61 |
| Penafiel · da469f | Active | €198,000 | €2,415 | 18.5% | 85 | 60 |
| Penafiel · 956a54 | Active | €249,000 | €2,058 | 1.0% | 72 | 68 |
| rua António Nobre | Active | €335,000 | €2,204 | 8.1% | 70 | 64 |
| avenida Sacadura Cabral, 247 | Active | €260,000 | €2,737 | 34.3% | 65 | 59 |
| Median comp | €254,500 | €2,310 | 13.3% | 71 | 62 |
Long-term rental The property in Penafiel presents a compelling opportunity for long-term rental, with a fair value of €302,517 compared to the listing price of €267,000, reflecting an 11.7% gap. The gross yield of 4.1% aligns well with stable returns in a region benefiting from proximity to Porto. Family rental This 3-bed apartment is ideal for family rentals, given its sufficient living space and favorable pricing; the competitive gap from fair market value suggests strong demand from families. The neighborhood's safety and amenities enhance its appeal for long-term family residents seeking comfort and convenience. Buy-and-hold With a fair value exceeding the listing price, this property is well-positioned for a buy-and-hold strategy, offering potential appreciation over time. The solid yield of 4.1% coupled with the ongoing growth of the area makes it a strategic acquisition for investors looking for steady growth and rental income.
Economic vulnerability The property's economic stability score of 65 suggests potential volatility, which may impact rental income especially if tenant stability is also at a low 65.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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