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, 2-bathroom house of 186 m², built in 1948, energy rating F. Located Paredes de Viadores e Manhuncelos parish, Marco de Canaveses municipality, Porto district. Noteworthy Features: This traditional stone house features an automatic entrance gate and a private water supply, enhancing both security and convenience for future renovation possibilities.
The valuation. The asking price of €240,000 is significantly below fair value of €375,388, representing a discount of €135,388 (36.1%). This property is clearly underpriced, presenting an excellent opportunity for potential investors.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paredes de Viadores e Manhuncelos · 0ad0bd | Subject | €240,000 | €1,290 | — | — | 64 |
| Paredes de Viadores e Manhuncelos · ab70fc | Active | €450,000 | €1,940 | 50.3% | — | 64 |
| rua de Espinheiros | Active | €360,000 | €1,674 | 29.8% | 75 | 63 |
| Sande e São Lourenço do Douro · 874f44 | Active | €455,000 | €2,473 | 91.6% | 75 | 62 |
| rua Doutor Miranda da Rocha, 741 | Active | €290,000 | €1,450 | 12.4% | — | 53 |
| Median comp | €405,000 | €1,807 | 40.0% | 75 | 63 |
Long-term rental The property presents an attractive long-term rental opportunity due to its gap of 36.1% from the fair value of €375,388, indicating strong upside potential. With a gross yield of 3.3%, it could cater well to the suburban family-focused community seeking stable housing options. Family rental This 3-bedroom house is ideally suited for family rental, leveraging its size and suburban location in a community rated 64/100 for neighborhood quality. Given the property’s below fair value pricing, it offers families a rare combination of space and affordability in the Penafiel area's moderate access to Porto amenities. Value-add renovation The property, needing significant renovations with a condition score of 0/100, offers a prime opportunity for value-add renovation, allowing an investor to increase its worth significantly. With the current market valuation being 36.1% below fair value, strategic enhancements can unlock considerable equity over time.
Economic vulnerability The property faces economic risk with a low economic stability score of 55/100, indicating potential challenges in long-term financial viability.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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