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 97 m², built in 2006. Located Cete parish, Paredes municipality, Porto district. Noteworthy Features: The apartment includes a south-facing balcony enhancing outdoor living, and is located in a quiet residential area with easy access to the A4 highway.
The valuation. The asking price of €248,990 exceeds the fair value of €140,045 by €108,945 (43.8%), indicating that the property is overpriced. The significant markup raises concerns for potential investors considering the property’s value.
Fair value modelled at €140,045 from the area baseline, adjusted for condition and location. Asking €248,990 sits €108,945 (43.8%) above — overpriced versus fair value.
Asking €248,990 versus the Cete, Paredes, Porto area baseline of €135,800 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 74/100 (Condition 70 · Materials 78 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 62/100 (Housing Market 60 · Amenities 55 · Economic 70 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Cete, Paredes, Porto
Area baseline €135,800 + condition -€2,273 + location +€6,518 = modelled fair value of €140,045 (€1,444/m²), a €108,945 (43.8%) gap versus the €248,990 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cete · 25f8bb | Subject | €248,990 | €2,567 | — | 70 | 62 |
| Baltar · 25f8ee | Active | €237,500 | €2,730 | 6.3% | 72 | 64 |
| rua da Liberdade | Active | €208,000 | €1,564 | 39.1% | 76 | 59 |
| Cete · 001a56 | Active | €208,000 | €1,564 | 39.1% | 74 | 68 |
| Baltar · 7354d0 | Active | €205,000 | €2,563 | 0.2% | — | 62 |
| Median comp | €208,000 | €2,064 | 19.6% | 74 | 63 |
Long-term rental The 2-bed apartment in Cete, Paredes, is overpriced by 43.8%, making it an unwise choice for a long-term rental strategy as returns may not meet investor expectations. With a gross yield of just 3.5%, the financial feasibility is further compromised by its high listing price compared to fair value. Family rental Purchasing this apartment as a family rental is likely to be less profitable due to its substantial overpricing by 43.8% compared to its fair market value. The neighborhood's amenities and safety do offer an appealing living environment, but the inflated price diminishes potential yield. Buy-and-hold Investing in this property for a buy-and-hold strategy would be disadvantageous, given that it is overpriced by 43.8% against its fair value. While the proximity to Porto brings some economic stability, the high entry price limits the attractiveness of long-term appreciation potential.
Economic downturn risk Economic stability at 70/100 indicates a moderate risk of economic downturn which might affect tenant demand, compounded by a tenant stability score of 65/100 suggesting potential turnover issues.
