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 50 m² on the 1st floor, energy rating E. Located on rua Centro, 80, Penafiel parish, Penafiel municipality, Porto district. This property features two spacious balconies, enhancing outdoor living space with excellent solar exposure, ideal for enjoying the vibrant Penafiel atmosphere.
The valuation. The asking price of €198,000 is significantly above the fair value of €128,176, reflecting an overpricing of €69,824 (54.5%). This indicates a less appealing investment opportunity for potential buyers.
Fair value modelled at €128,176 from 6 comparable sales in the area. Asking €198,000 sits €69,824 (54.5%) above — overpriced versus fair value.
Asking €198,000 versus the rua Centro, 80 area baseline of €109,117 (€2,182/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 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 €109,117, adjusted for condition and micro-location, gives a modelled fair value of €128,176 (€2,564/m²), a €69,824 (54.5%) gap versus the €198,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Centro, 80 | Subject | €198,000 | €3,960 | — | 73 | 64 |
| rua Carmo, 124 | Active | €325,000 | €2,600 | 34.3% | 75 | 61 |
| rua Fonte de Honor | Active | €187,000 | €2,527 | 36.2% | 64 | 57 |
| Penafiel · 622b18 | Active | €230,000 | €2,447 | 38.2% | 65 | 54 |
| rua Fernando Pessoa, 65 | Active | €218,900 | €2,329 | 41.2% | 75 | 64 |
| Median comp | €224,450 | €2,487 | 37.2% | 70 | 59 |
Long-term rental With a significant gap of 54.5% between the listing price of €198,000 and the fair value of €128,176, this property appears overpriced for long-term rental investment. Additionally, the 0% gross yield indicates that it might not produce any immediate rental income, further diminishing its attractiveness for this strategy. Family rental While the apartment features a fair condition score of 75/100, the asking price of €198,000 exceeds the fair value significantly, categorizing the property as overpriced. Family rentals typically require competitive pricing, and this property does not align with that expectation in the current market environment. Buy-and-hold Given the overpriced listing compared to the fair value, holding this property long-term would likely result in suboptimal financial performance. Additionally, with a neighbourhood score of 64/100, prospective appreciation in value may not be sufficient to justify the initial investment cost, making it less ideal for a buy-and-hold strategy.
Economic Vulnerability The property faces a risk due to its economic stability score of 60/100, indicating potential susceptibility to market fluctuations that could affect rental income.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
