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 122 m² on the 2nd floor. Located on rua da Agra, Penafiel parish, Penafiel municipality, Porto district. Noteworthy Features: The apartment includes a private garage for secure parking and a spacious balcony that provides a peaceful outdoor retreat with pleasant views.
The valuation. The asking price of €338,000 is significantly above the fair value of €289,353, marking a discrepancy of €48,647 (16.8%). This property is considered overpriced based on the current market analysis.
Fair value modelled at €289,353 from 6 comparable sales in the area. Asking €338,000 sits €48,647 (16.8%) above — overpriced versus fair value.
Asking €338,000 versus the rua da Agra area baseline of €242,893 (€1,991/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 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 €242,893, adjusted for condition and micro-location, gives a modelled fair value of €289,353 (€2,372/m²), a €48,647 (16.8%) gap versus the €338,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Agra | Subject | €338,000 | €2,770 | — | 72 | 61 |
| Penafiel · 3df64a | Active | €267,000 | €2,038 | 26.4% | 75 | 61 |
| Paredes · 89e759 | Active | €260,000 | €2,047 | 26.1% | 70 | 65 |
| Paredes · 89e666 | Active | €307,500 | €2,121 | 23.5% | 78 | 53 |
| Paredes · f360fe | Active | €297,500 | €3,099 | 11.9% | 78 | 61 |
| Median comp | €282,250 | €2,084 | 24.8% | 77 | 61 |
Long-term rental The 3-bed apartment in Penafiel is overpriced at €338,000, which exceeds the fair value of €289,353 by 16.8%. With a gross yield of 0%, this investment lacks the potential for positive cash flow, making it a less attractive option for long-term rental purposes. Family rental Considering the suburban location and the condition rating of 74/100, this property is not positioned well for family rental, especially given its overpriced status. Families often seek value, and the €338,000 listing exceeds the fair value benchmark significantly. Buy-and-hold As an investment for buy-and-hold strategy, this apartment's price of €338,000 reflects overvaluation compared to its fair value of €289,353, posing a risk to future appreciation. The flat's lack of yield and decent condition do not justify the premium price, indicating limited upside potential in the long term.
Economic and Tenant Instability Risk: With both the economic stability and tenant stability scores at 65/100, there is a heightened risk of fluctuating rental income and potential tenant turnover affecting cash flow.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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