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, 2-bathroom apartment of 124 m² on the 2nd floor, energy rating E. Located Eja parish, Penafiel municipality, Porto district. Noteworthy Features: This apartment is strategically located near the Cais da Marina de Entre-os-Rios, enhancing its appeal with access to waterfront activities and scenic leisure options. Condição: Ao preço justo
The valuation. The asking price of €289,999 sits €27,691 (10.6%) above the fair value of €262,308. This property is considered overpriced, reflecting a significant markup from its intrinsic value.
Fair value modelled at €262,308 from 5 comparable sales in the area. Asking €289,999 sits €27,691 (10.6%) above — overpriced versus fair value.
Asking €289,999 versus the Eja, Penafiel, Porto area baseline of €233,797 (€1,885/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €233,797, adjusted for condition and micro-location, gives a modelled fair value of €262,308 (€2,115/m²), a €27,691 (10.6%) gap versus the €289,999 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Eja · a80605 | Subject | €289,999 | €2,339 | — | 80 | 68 |
| Rio de Moinhos · 4d4503 | Active | €219,990 | €1,642 | 29.8% | 72 | 65 |
| rua de Aveleda | Active | €275,000 | €2,115 | 9.5% | 76 | 62 |
| Rio de Moinhos · 389d33 | Active | €127,500 | €1,678 | 28.3% | 64 | 61 |
| Alpendorada, Várzea e Torrão · dc14d6 | Active | €420,000 | €4,242 | 81.4% | 78 | 64 |
| Median comp | €247,495 | €1,897 | 18.9% | 74 | 63 |
Long-term rental The property at €289,999 is overpriced by 10.6% compared to its fair value of €262,308, which diminishes its appeal for long-term rental strategies. With a yield of 0% gross, potential returns may not justify the investment. Family rental While the proximity to Porto and access to amenities makes the area suitable for families, the property’s pricing at €289,999 reflects a 10.6% premium over its fair value. The lack of gross rental yield further complicates the investment case for family rentals. Buy-and-hold At a listing price of €289,999, the property is 10.6% above its fair value of €262,308, making it a less attractive option for a buy-and-hold strategy. Additionally, with a 0% gross yield, long-term appreciation may not compensate for the initial investment. Not ideal for: Luxury market, Short-term vacation rental, Student housing
Moderate Economic and Tenant Risk With both economic and tenant stability scores at 70/100, there is a moderate risk of fluctuating rental income and potential vacancies affecting overall property performance.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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