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.
4-bedroom, 2-bathroom house of 190 m², built in 1937. Located Penafiel parish, Penafiel municipality, Porto district. Noteworthy Features: This property features two independent entrances, allowing flexibility for conversion into duplex homes, and the possibility to add an additional floor, enhancing investment potential.
The valuation. The property is listed at €268,600, which is €15,940 (6.3%) above the fair value of €252,660. This suggests that the asking price is reasonable but not widely discounted from its market worth.
Fair value modelled at €252,660 from 5 comparable sales in the area. Asking €268,600 sits €15,940 (6.3%) above — overpriced versus fair value.
Asking €268,600 versus the Penafiel, Penafiel, Porto area baseline of €286,965 (€1,510/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 24/100 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 €286,965, adjusted for condition and micro-location, gives a modelled fair value of €252,660 (€1,330/m²), a €15,940 (6.3%) gap versus the €268,600 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Penafiel · a806c6 | Subject | €268,600 | €1,414 | — | 20 | 55 |
| Croca · ab714e | Active | €250,000 | €1,330 | 5.9% | 35 | 55 |
| Penafiel · f36642 | Active | €160,000 | €1,538 | 8.8% | 60 | 64 |
| rua São Vicente de Paulo, 34 | Active | €530,000 | €920 | 34.9% | 40 | 65 |
| Penafiel · 956920 | Active | €295,000 | €3,278 | 131.9% | 30 | 60 |
| Median comp | €272,500 | €1,434 | 1.4% | 38 | 62 |
Long-term rental The property offers a gross yield of 3.7%, which aligns with current rental market expectations in suburban areas like Penafiel. However, the house's condition rating of 24/100 suggests significant repairs may be necessary to make it attractive to potential long-term tenants. Buy-and-hold Investing in this property could be viable for buy-and-hold strategies, given its reasonable access to Porto and a stable neighborhood rating of 55/100. Yet, while the listing price of €268,600 is only 6.3% above the fair value of €252,660, investors should be mindful of the property's condition and moderate yield as potential hurdles to appreciation.
Economic and Tenant Risk: With an economic stability score of 60 and a tenant stability score of 55, there is a significant risk of fluctuations in rental income and potential vacancy issues due to unstable economic conditions, potentially impacting overall profitability negatively.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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