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.
4-bedroom, 3-bathroom house of 329 m², built in 2006, energy rating C. Located Gandra parish, Paredes municipality, Porto district. Noteworthy Features: The property includes an attic with heat recovery and access to two terraces, offering versatile space for a gym or private retreat in addition to being in a gated community with a tennis court.
The valuation. The asking price of €490,000 is significantly above the fair value of €380,267, resulting in an overprice of €109,733 (22.4%). This property does not present a compelling investment opportunity given its valuation.
Fair value modelled at €380,267 from the area baseline, adjusted for condition and location. Asking €490,000 sits €109,733 (22.4%) above — overpriced versus fair value.
Asking €490,000 versus the Gandra, Paredes, Porto area baseline of €499,093 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 (Condition 78 · Materials 83 · Room dimensions 78). Above-median finish quality lifts fair value versus a baseline unit needing CapEx.
Neighbourhood score 70/100 (Housing Market 70 · Amenities 65 · Economic 75 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline.
Gandra, Paredes, Porto
Area baseline €499,093 + condition +€22,105 + location +€26,531 = modelled fair value of €380,267 (€1,156/m²), a €109,733 (22.4%) gap versus the €490,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gandra · 956a03 | Subject | €490,000 | €1,489 | — | 78 | 70 |
| Gandra · 6fb8e7 | Active | €465,000 | €2,360 | 58.5% | 74 | 65 |
| Recarei · 023b3c | Active | €460,000 | €2,026 | 36.1% | 75 | 71 |
| Campo e Sobrado · 65a794 | Active | €445,000 | €1,514 | 1.6% | 80 | 74 |
| Baltar · 1e6654 | Active | €349,000 | €3,921 | 163.3% | 80 | 60 |
| Median comp | €452,500 | €2,193 | 47.2% | 78 | 68 |
Long-term rental The property in Gandra, Paredes, is currently overpriced at €490,000, which is 22.4% above its fair value of €380,267, indicating a lack of financial viability for long-term rental investment. Given the zero gross yield, potential cash flow from this investment is nonexistent, making it an unfavorable choice for stability-driven investors. Buy-and-hold Investing in this property as a buy-and-hold strategy is not advisable due to its current price point exceeding fair market value by 22.4%. The combination of a zero gross yield and a condition rating of 79/100 raises significant concerns about future appreciation and overall investment returns. Family rental While the property is suitable for family rental with decent neighborhood ratings, its overpriced status at €490,000 presents a substantial risk. Families seeking rental properties typically prefer affordable options, making this one a poor fit, given the significant gap from fair value of €380,267.
Tenant turnover risk High tenant turnover is a concern given the tenant stability score of 70/100, which may lead to increased vacancy rates and costs associated with finding new tenants.
