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, 1-bathroom house of 258 m², built in 2001, energy rating F. Located on rua do Meio, 244, Podentes parish, Penela municipality, Coimbra district. Noteworthy Features: The home's living area boasts classical stone columns and high-quality checkered tiles, enhancing its aesthetic charm despite needing some cosmetic updates. Additional Context: It stands in a tranquil neighborhood, perfect for those valuing comfort and space.
The valuation. The asking price of €260,000 sits €30,553 above the fair value of €229,447, indicating the property is overpriced by 13.3%. This discrepancy suggests potential buyers should proceed with caution.
Fair value modelled at €229,447 from 6 comparable sales in the area. Asking €260,000 sits €30,553 (13.3%) above — overpriced versus fair value.
rua do Meio, 244 area median of €200,466 (€777/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 +€28,981 versus the parish baseline.
Parish baseline €200,466 +€28,981 comparables adjustment = modelled fair value of €229,447 (€889/m²), a €30,553 (13.3%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Meio, 244 | Subject | €260,000 | €1,008 | — | 65 | 57 |
| Avelar · 83129b | Active | €300,000 | €909 | 9.8% | 70 | 57 |
| Ansião · 53caf5 | Active | €140,000 | €870 | 13.7% | 39 | 50 |
| Ansião · 5da2f3 | Active | €295,000 | €840 | 16.6% | — | 55 |
| rua Convento de Santo António | Active | €139,000 | €863 | 14.3% | 45 | 60 |
| Median comp | €217,500 | €867 | 14.0% | 45 | 56 |
Long-term rental Investing in this property for long-term rental is not advisable due to its current listing price of €260,000, which reflects a gap of 13.3% above its fair value of €229,447. Moreover, with a gross yield of 0%, the property does not generate any immediate return, further justifying the assessment that it is overpriced. Buy-and-hold Utilizing a buy-and-hold strategy on this property may prove unwise, as its current valuation of €260,000 exceeds the fair market value of €229,447 by 13.3%. Additionally, the compromised condition rating of 70/100 and the lower neighborhood score of 57/100 suggest limited appreciation potential, reinforcing that this asset is overpriced.
Economic Vulnerability: With an economic stability score of 55/100, there is a significant risk that local economic conditions may become unfavorable, negatively impacting tenant demand and rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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