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.
6-bedroom, 7-bathroom palace of 704 m², built in 2000, energy rating D. Located on rua Nova Esperança, Abragão parish, Penafiel municipality, Porto district. Noteworthy Features: The property includes a separate parcel with an existing structure that can be developed into four additional apartments, offering significant investment potential.
The valuation. The asking price of €1,450,000 sits slightly above the fair value of €1,425,861 by €24,139 (1.7%), indicating that the property is priced reasonably within the market context.
Fair value modelled at €1,425,861 from 6 comparable sales in the area. Asking €1,450,000 sits €24,139 (1.7%) above — overpriced versus fair value.
Asking €1,450,000 versus the rua Nova Esperança area baseline of €1,155,702 (€1,642/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 78/100 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 €1,155,702, adjusted for condition and micro-location, gives a modelled fair value of €1,425,861 (€2,025/m²), a €24,139 (1.7%) gap versus the €1,450,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nova Esperança | Subject | €1,450,000 | €2,060 | — | 75 | 58 |
| rua Central de Ribaçais, 807 | Active | €1,230,000 | €1,952 | 5.2% | 75 | 63 |
| rua Central de Ribaçais, 807 | Active | €1,230,000 | €1,952 | 5.2% | 72 | 59 |
| rua da Murta | Active | €1,000,000 | €2,545 | 23.5% | 76 | 66 |
| Abragão · cd091c | Active | €640,000 | €2,098 | 1.9% | 75 | 55 |
| Median comp | €1,115,000 | €2,025 | 1.7% | 75 | 61 |
Long-term rental This property, with a fair value of €1,425,861, offers a slight premium at €1,450,000, which aligns with its current condition rating of 78/100. While the yield is 0%, the property's proximity to Porto suggests potential for stable tenant demand in a generally safe suburban area. Buy-and-hold The fair market value of €1,425,861 indicates that the €1,450,000 listing price is close, making the property a steady choice for long-term holding without significant appreciation expectations. Given the condition rating of 78/100, the space's future value growth may be limited, but its location near Porto can sustain moderate interest. Family rental The property is priced at €1,450,000, which is relatively close to the fair value of €1,425,861, signaling a reasonable investment for family rental purposes. Its overall condition of 78/100 and the stable surroundings contribute positively to long-term occupancy potential despite the 0% yield. Not ideal for: Luxury market, Student housing, Short-term vacation rental
Potential for Economic Decline The economic stability score of 60/100 indicates a medium risk of economic decline, which could lead to decreased rental income and tenant turnover.
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