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, 2-bathroom apartment of 125 m² on the 5th floor, built in 1998, energy rating C. Located on rua Fonte da Cruz, 45, Penafiel parish, Penafiel municipality, Porto district. The apartment boasts luxurious dark hardwood flooring and stylish shaker cabinets in the kitchen, enhancing its upscale aesthetic and functionality.
The asking price of €232,000 is below the fair value of €248,000, indicating a €16,000 gap, representing a 6.7% upside compared to the asking price. The property is characterized by a mid-range quality condition with updates, yet lacks a specific investment strategy assessment.
The property's fair value is determined using a combination of models. The Transaction model, which relies on real transaction data from Penafiel, accounts for 55% of the analysis, reflecting 33 recorded sales from the last four quarters. The Adjusted asking-price model, making up the remaining 45%, adjusts current asking prices to align with sale levels. No conservative adjustments were applied in this case. Ultimately, the asking price is below the fair value, with a fair value of €248,000, indicating a €16,000 upside (6.7%) compared to the asking price of €232,000. Confidence in this assessment is high.
No specific strategy stands out for this property.
Investors should consider that the asking price of €232,000 is below its fair value of €248,000, indicating a 6.7% potential upside. Although the property's condition is rated at 72/100 and the neighborhood at 50/100, the disparity between the asking price and fair value highlights an opportunity for value appreciation in a reasonably conditioned apartment located in Penafiel.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Both economic stability and tenant stability scores are at 50/100, indicating a risk of reduced rental income and potential vacancies due to fluctuating demand and tenant turnover.
Grade AFindings: 0
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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