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, 3-bathroom house of 164 m², built in 2007, energy rating F. Located on rua 1º Maio, Perozelo parish, Penafiel municipality, Porto district. Noteworthy Features: The property includes a spacious living room with balcony access and a practical equipped kitchen with a barbecue area, perfect for outdoor entertaining.
The valuation. The asking price is set at €269,000, which is €11,420 (4.4%) above the fair value of €257,580. This property is considered to be priced fairly according to market standards.
Fair value modelled at €257,580 from 6 comparable sales in the area. Asking €269,000 sits €11,420 (4.4%) above — overpriced versus fair value.
rua 1º Maio area median of €248,460 (€1,515/m²) for a property of this size — the starting reference point before comparable sales are factored in.
6 comparable sales in the area adjust the estimate by +€9,120 versus the parish baseline.
Parish baseline €248,460 +€9,120 comparables adjustment = modelled fair value of €257,580 (€1,571/m²), a €11,420 (4.4%) gap versus the €269,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua 1º Maio | Subject | €269,000 | €1,640 | — | 71 | 64 |
| Cabeça Santa · 1440a9 | Active | €180,000 | €1,856 | 13.1% | 54 | 61 |
| Boelhe · ee8943 | Active | €240,000 | €1,379 | 15.9% | — | 59 |
| rua de Casal Menino, 175 | Active | €160,000 | €1,000 | 39.0% | 52 | 66 |
| Abragão · 3d99e7 | Active | €139,000 | €1,544 | 5.8% | 55 | 65 |
| Median comp | €170,000 | €1,462 | 10.9% | 54 | 63 |
Long-term rental The property presents a gross yield of 3.6%, which aligns with market expectations for a family-sized home in the area. Given the fair value of €257,580, this investment is appropriately priced for generating stable cash flow over time. Buy-and-hold With a fair value indication and growth potential in the suburban area near Porto, holding this property over the long term could yield favorable appreciation. The combination of a decent condition rating of 68/100 and a stable neighborhood rating of 64/100 positions it well for future value uplift but avoids speculation. Family rental This property meets the needs of the family rental market with its size and reasonable amenities, supported by its fair pricing against the local market. The close proximity to Porto enhances its attractiveness to tenants seeking suburban living with access to urban conveniences. Not ideal for The property's characteristics and pricing do not cater to the luxury market, which typically demands higher-end finishes and space. Additionally, its suburban context may limit its effectiveness as a short-term vacation rental due to lower tourist traffic compared to primary attractions in Porto.
Economic Impact Risk The economic stability score of 60/100 indicates a moderate risk of downturns in local economic conditions that could affect tenant retention and rental income.
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