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.
6-bedroom, 3-bathroom house of 560 m², built in 1990, energy rating B. Located on rua Nossa Senhora da Piedade, 33, Baltar parish, Paredes municipality, Porto district. Investors seeking a versatile property will appreciate the adaptable structure, ideal for conversion into a Hostel or Local Accommodation, enhanced by its proximity to key tourist attractions and amenities.
The valuation. The asking price of €249,000 sits significantly below the fair value of €569,702, indicating a difference of €320,702 (128.8%). Verdict: underpriced. Buy-to-flip angle. The buy-to-flip strategy involves renovating the property, increasing its appeal and market value, then reselling it swiftly for a profit. Buy-to-let angle. The rental income strategy focuses on securing tenants for this family-oriented home near Paredes, providing long-term, stable cash flow potential despite the current gross yield of 0%.
Fair value modelled at €569,702 from the area baseline, adjusted for condition and location. Asking €249,000 sits €320,702 (128.8%) below — the upside to fair value.
Asking €249,000 versus the rua Nossa Senhora da Piedade, 33 area baseline of €784,000 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 48/100 (Condition 45 · Materials 50 · Room dimensions 55). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 57/100 (Housing Market 55 · Amenities 50 · Economic 50 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
rua Nossa Senhora da Piedade, 33
Area baseline €784,000 + condition -€236,250 + location +€21,952 = modelled fair value of €569,702 (€1,017/m²), a €320,702 (128.8%) gap versus the €249,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Nossa Senhora da Piedade, 33 | Subject | €249,000 | €445 | — | 45 | 57 |
| Parada de Todeia · ba57eb | Active | €300,000 | €496 | 11.5% | — | 63 |
| rua da Liberdade | Active | €208,000 | €1,564 | 251.7% | 76 | 59 |
| Cete · 001a56 | Active | €208,000 | €1,564 | 251.7% | 74 | 68 |
| rua Doutor José Bragança Tavares | Active | €235,000 | €2,080 | 367.7% | 72 | 60 |
| Median comp | €221,500 | €1,564 | 251.7% | 74 | 62 |
Long-term rental The property offers a unique opportunity for a long-term rental investment, given its fair value of €569,702 compared to the listing price of €249,000, creating a significant gap of 128.8%. With the potential for value appreciation and stable tenant demand in the area, this strategy could yield favorable returns over time. Family rental In Baltar, Paredes, this 6-bed house has considerable potential as a family rental, especially given its pricing below fair market value at €249,000. The ample space and relatively favorable neighborhood ratings suggest this could be an attractive option for larger families seeking affordable housing. Buy-and-hold This 6-bed house stands as a compelling buy-and-hold investment, with a fair value of €569,702 compared to its listing price of €249,000. Holding this property could be strategically beneficial as the value gap indicates potential for significant appreciation in the long term, despite its current condition rating of 48/100.
Weak Economic Outlook The economic stability score of 50/100 indicates potential challenges in local market conditions that could negatively affect property value and rental income.
