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 120 m². Located Gandra parish, Paredes municipality, Porto district. This apartment features a whirlpool tub in the modern bathrooms, adding a touch of luxury to daily living.
The valuation. The asking price of €270,000 is significantly above fair value, which is estimated at €125,574, representing an overpricing of €144,426 (53.5%). This valuation indicates that the property is overpriced and may not provide ideal investment returns.
Fair value modelled at €125,574 from the area baseline, adjusted for condition and location. Asking €270,000 sits €144,426 (53.5%) above — overpriced versus fair value.
Asking €270,000 versus the Gandra, Paredes, Porto area baseline of €182,040 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 72/100 (Condition 70 · Materials 75 · Room dimensions 72). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 70/100 (Housing Market 80 · Amenities 70 · Economic 70 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
Gandra, Paredes, Porto
Area baseline €182,040 + condition -€5,063 + location +€9,677 = modelled fair value of €125,574 (€1,046/m²), a €144,426 (53.5%) gap versus the €270,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gandra · 8935e7 | Subject | €270,000 | €2,250 | — | 70 | 70 |
| Campo e Sobrado · 6d5189 | Active | €299,000 | €1,954 | 13.1% | 74 | 73 |
| rua da Escola Padre Américo | Active | €239,900 | €2,181 | 3.1% | 80 | 64 |
| rua da Escola Padre Américo | Active | €239,900 | €2,181 | 3.1% | 80 | 66 |
| Campo e Sobrado · 90d89c | Active | €234,000 | €2,208 | 1.9% | 75 | 63 |
| Median comp | €239,900 | €2,181 | 3.1% | 78 | 65 |
Long-term rental The gross yield of 3.6% is relatively low compared to market expectations, especially given the 53.5% gap to fair value of €125,574. This suggests that the 2-bed apartment may not provide sufficient returns to justify its current asking price of €270,000. Value-add renovation While potential renovations could improve the apartment's condition rating of 72/100, the current asking price remains significantly higher than fair value, making it a risky investment. Without substantial value increases post-renovation, the property is unlikely to meet desired investment benchmarks. Buy-and-hold Holding this property in the hopes of long-term appreciation may not be the best strategy, given that its current valuation is €270,000 against a fair value of only €125,574. The substantial risk of capital loss in a potentially stagnant market position raises concerns about the long-term viability of this investment. Not ideal for The property is not suited for the luxury market given its current condition and the significant gap from fair value. Additionally, its attributes and yield do not favor short-term vacation rentals, limiting the potential income streams available to the investor.
Tenant turnover risk With a tenant stability score of 60/100, there is a significant risk of high tenant turnover, which can lead to increased vacancy rates and additional costs for finding new tenants.
