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 94 m² on the 4th floor, built in 1989, energy rating D. Located Penafiel parish, Penafiel municipality, Porto district. Noteworthy Features: This apartment boasts three balconies which enhance outdoor living options and benefit from excellent sun exposure throughout the day.
The valuation. The asking price of €230,000 is slightly below the fair value of €238,881, sitting at €8,881 or 3.7% under fair value. This positions the property as a fair investment opportunity in the current market.
Fair value modelled at €238,881 from 6 comparable sales in the area. Asking €230,000 sits €8,881 (3.7%) below — the upside to fair value.
Asking €230,000 versus the Penafiel, Penafiel, Porto area baseline of €215,966 (€2,298/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 62/100 is below the parish average, reducing 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 €215,966, adjusted for condition and micro-location, gives a modelled fair value of €238,881 (€2,541/m²), a €8,881 (3.7%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penafiel · 622b18 | Subject | €230,000 | €2,447 | — | 65 | 54 |
| avenida Sacadura Cabral, 247 | Active | €260,000 | €2,737 | 11.9% | 65 | 59 |
| rua Fonte de Honor | Active | €187,000 | €2,527 | 3.3% | 64 | 57 |
| Paredes · de0bfc | Active | €230,000 | €2,556 | 4.4% | 60 | 60 |
| avenida Soares de Moura | Active | €170,000 | €3,036 | 24.1% | — | 64 |
| Median comp | €208,500 | €2,647 | 8.2% | 64 | 60 |
Long-term rental The property in Penafiel presents a fair yield of 4%, making it a reasonable option for long-term rental investors. The proximity to Porto can attract a steady stream of tenants, benefiting from moderate urban density and amenities. Buy-and-hold With a fair valuation at €230,000 against a fair value of €238,881, this 2-bed apartment in Penafiel offers stable investment potential for those looking to buy-and-hold. The moderate property condition score suggests that some value-added improvements could be advantageous over time without expecting significant immediate appreciation. Not ideal for short-term rental The property's current valuation and neighborhood rating indicate that it is not suited for short-term rental strategies, where higher returns are typically expected. The moderate amenities and neighborhood quality may not appeal to tourists or transient renters. Not ideal for luxury market Positioned in a neighborhood with a quality score of 54/100, this apartment does not align with the luxury market that seeks premium attributes and high returns. Potential buyers should consider the limitations in attracting high-end clientele given the current market dynamics.
Economic and Tenant Instability With both economic stability and tenant stability scores at 55/100, there is a significant risk of fluctuating income and vacancy rates, as this score indicates a potentially unstable environment for rental reliability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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