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 133 m², built in 2003. Located on rua Doutor Acácio Alves Pereira, Paredes parish, Paredes municipality, Porto district. Noteworthy Features: This apartment boasts two private balconies, enhancing outdoor living space and providing excellent views of the busy Avenida Francisco Sá Carneiro, a key urban thoroughfare.
The valuation. The asking price of €289,000 is significantly above fair value, which stands at €185,041, indicating an overpricing of €103,959 or 36.0% above the market norm.
Fair value modelled at €185,041 from the area baseline, adjusted for condition and location. Asking €289,000 sits €103,959 (36.0%) above — overpriced versus fair value.
Asking €289,000 versus the rua Doutor Acácio Alves Pereira area baseline of €186,200 (€1,400/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 71/100 (Condition 68 · Materials 72 · Room dimensions 75). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 61/100 (Housing Market 65 · Amenities 60 · Economic 55 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua Doutor Acácio Alves Pereira
Area baseline €186,200 + condition -€9,352 + location +€8,193 = modelled fair value of €185,041 (€1,391/m²), a €103,959 (36.0%) gap versus the €289,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Doutor Acácio Alves Pereira | Subject | €289,000 | €2,173 | — | 68 | 61 |
| avenida Doutor Francisco Sá Carneiro, 163 | Active | €297,500 | €2,306 | 6.1% | 75 | 60 |
| Paredes · 90d80f | Active | €274,900 | €2,098 | 3.4% | 70 | 61 |
| rua Doutor José Bragança Tavares | Active | €235,000 | €2,080 | 4.3% | 72 | 60 |
| rua dos Combatentes do Ultramar, 7 | Active | €315,000 | €2,299 | 5.8% | 80 | 65 |
| Median comp | €286,200 | €2,199 | 1.2% | 74 | 61 |
Long-term rental Given the listing price of €289,000, which is 36.0% above the fair value of €185,041, this property is considered overpriced. Additionally, with a gross yield of only 2.7%, this investment lacks the potential for attractive returns in a stable tenant quality environment. Buy-and-hold While the suburban context of Paredes offers some connection to Porto, the property’s pricing is still excessive at €289,000 compared to its fair value of €185,041. The buy-and-hold strategy seems less appealing here due to the low yield and the potential stagnation of property value in an overpriced market. Family rental The possibility of attracting mixed but stable tenants for a family rental is present; however, the price of €289,000 is significantly higher than the fair value of €185,041, categorizing it as overpriced. The yield of 2.7% does not support the financial viability typically sought in the family rental market.
Economic Vulnerability With an economic stability score of 55/100, there is a heightened risk of fluctuations in the local economy that could impact property values and rental income stability.