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 90 m², built in 1988, energy rating D. Located Cete parish, Paredes municipality, Porto district. Noteworthy Features: This apartment boasts a heat recovery system in the living room and is situated in a recently remodeled building with thermal insulation, enhancing energy efficiency despite its D rating.
The valuation. The asking price of €195,000 is significantly above the fair value of €123,435, creating a gap of €71,565 (36.7%). This property is considered overpriced, impacting potential investment returns.
Fair value modelled at €123,435 from the area baseline, adjusted for condition and location. Asking €195,000 sits €71,565 (36.7%) above — overpriced versus fair value.
Asking €195,000 versus the Cete, Paredes, Porto area baseline of €122,850 (€1,365/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 (Condition 70 · Materials 65 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 65/100 (Housing Market 70 · Amenities 60 · Economic 65 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Cete, Paredes, Porto
Area baseline €122,850 + condition -€10,125 + location +€7,560 = modelled fair value of €123,435 (€1,372/m²), a €71,565 (36.7%) gap versus the €195,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cete · 38c4e3 | Subject | €195,000 | €2,167 | — | 70 | 65 |
| Paredes · 90d80f | Active | €274,900 | €2,098 | 3.1% | 70 | 61 |
| rua Doutor José Bragança Tavares | Active | €235,000 | €2,080 | 4.0% | 72 | 60 |
| Baltar · 7354d0 | Active | €205,000 | €2,563 | 18.3% | — | 62 |
| rua da Liberdade | Active | €208,000 | €1,564 | 27.8% | 76 | 59 |
| Median comp | €221,500 | €2,089 | 3.6% | 72 | 61 |
Long-term rental The 2-bed apartment in Cete is overpriced, priced at €195,000 while the fair value stands at €123,435, creating a 36.7% gap. With a gross yield of 0%, the investment does not present a viable long-term rental opportunity for consistent returns. Family rental Given the market conditions and a rating of 65/100 for the neighbourhood, this property remains overpriced and may not attract families looking for reasonably priced rentals. The apartment’s condition score of 68/100 further diminishes its appeal as a family rental option. Buy-and-hold The current pricing of €195,000 significantly exceeds its fair value, suggesting this buy-and-hold strategy would yield unsatisfactory returns. Holding onto an overpriced property in the suburban area of Cete may lead to poor long-term investment performance and insufficient growth potential.
Economic Vulnerability With both economic stability and tenant stability scores at 65/100, the property is exposed to fluctuations in the market that could lead to decreased demand and increased vacancy rates.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Login Required
Please log in or create an account to access this page.
No posts yet for this property.
