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. Located Paredes parish, Paredes municipality, Porto district. This property features a private garden with fencing and gate, providing an outdoor retreat amidst urban convenience, and includes a wood stove for cozy winter nights.
The valuation. The asking price of €230,000 is significantly above fair value, which is assessed at €107,134, representing a discrepancy of €122,866 or 53.4%. This property is considered overpriced. Buy-to-flip angle. A buy-to-flip strategy would require significant renovation efforts to enhance the property's appeal, aiming for a resale that exceeds the original investment after accounting for renovation costs. Buy-to-let angle. The property could generate an estimated gross rental income of €805 per month, yielding approximately 4.2%, appealing for long-term tenants seeking proximity to Porto's amenities and economic opportunities.
Fair value modelled at €107,134 from the area baseline, adjusted for condition and location. Asking €230,000 sits €122,866 (53.4%) above — overpriced versus fair value.
Asking €230,000 versus the Paredes, Paredes, Porto area baseline of €143,910 (€1,599/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 58/100 (Condition 60 · Materials 55 · Room dimensions 60). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 60/100 (Housing Market 60 · Amenities 55 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
Paredes, Paredes, Porto
Area baseline €143,910 + condition -€23,906 + location +€5,040 = modelled fair value of €107,134 (€1,190/m²), a €122,866 (53.4%) gap versus the €230,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paredes · de0bfc | Subject | €230,000 | €2,556 | — | 60 | 60 |
| avenida Sacadura Cabral, 247 | Active | €260,000 | €2,737 | 7.1% | 65 | 59 |
| Paredes · ba5986 | Active | €250,000 | €2,717 | 6.3% | 66 | 54 |
| rua António Araújo, 51 | Active | €260,000 | €2,737 | 7.1% | 73 | 62 |
| Paredes · f360fe | Active | €297,500 | €3,099 | 21.3% | 78 | 61 |
| Median comp | €260,000 | €2,737 | 7.1% | 70 | 60 |
Long-term rental The 2-bed apartment in Paredes is overpriced by 53.4%, making it a less appealing option for a long-term rental strategy. With a gross yield of only 4.2% and a condition rating of 58/100, investors may struggle to achieve robust returns. Buy-and-hold At a listing price of €230,000, the apartment does not support a buy-and-hold strategy due to its significant discrepancy with the fair value of €107,134. The combination of poor yield and conditions suggests limited long-term appreciation potential in this investment. Family rental As a family rental option, the apartment's listing price is significantly overpriced, which would reduce its attractiveness to potential tenants. The neighbourhood's moderate safety rating and average amenities further limit its appeal to families seeking long-term residences.
Tenant turnover risk: With a tenant stability score of 65/100, there is a moderate risk of turnover, which could lead to periods of vacancy and decreased cash flow.
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