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 98 m², built in 1998, energy rating D. Located on rua do Ladário, 596, Duas Igrejas parish, Paredes municipality, Porto district. This ground floor apartment features a 20 m² front garden, perfect for outdoor relaxation, and includes a garage space for two cars, adding significant convenience.
The valuation. The asking price of €225,000 is significantly above the fair value of €127,184, indicating an overpriced situation by €97,816 (43.5%). This discrepancy suggests potential buyers should exercise caution before proceeding. Buy-to-flip angle. A resale strategy would require substantial renovations to modernize the apartment and improve its appeal, targeting a competitive market to recoup the investment. Expecting a price increase of at least 20% would be prudent post-renovation. Buy-to-let angle. Given the current zero gross yield, this property may not attract immediate rental income; however, with upgrades, it could be positioned for family rentals. Long-term investment in a suburban commuter area may yield better results as the market matures.
Fair value modelled at €127,184 from the area baseline, adjusted for condition and location. Asking €225,000 sits €97,816 (43.5%) above — overpriced versus fair value.
Asking €225,000 versus the rua do Ladário, 596 area baseline of €148,666 (€1,517/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 64/100 (Condition 68 · Materials 58 · Room dimensions 68). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 63/100 (Housing Market 60 · Amenities 65 · Economic 60 · Tenant Quality 65). Strong amenities and housing-market momentum support a premium to baseline.
rua do Ladário, 596
Area baseline €148,666 + condition -€17,150 + location +€7,134 = modelled fair value of €127,184 (€1,298/m²), a €97,816 (43.5%) gap versus the €225,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Ladário, 596 | Subject | €225,000 | €2,296 | — | 68 | 63 |
| Cristelo · 937640 | Active | €212,500 | €2,500 | 8.9% | 75 | 67 |
| Duas Igrejas · 956914 | Active | €249,000 | €2,417 | 5.3% | 75 | 63 |
| Vilela · de0b94 | Active | €170,000 | €2,615 | 13.9% | 75 | 54 |
| Duas Igrejas · 90d7e7 | Active | €225,000 | €2,922 | 27.3% | 62 | 65 |
| Median comp | €218,750 | €2,558 | 11.4% | 75 | 64 |
Long-term rental Given the property is overpriced with a fair value gap of 43.5%, the potential for long-term rental income is significantly diminished, especially with a gross yield of 0%. Additionally, the average to good quality of local schools and suburban connectivity may not justify the high asking price for rental stability. Family rental While the area has moderate housing and employment links, the high list price at €225,000 positions this property as overpriced for family rental suitability. Families might seek more attractive options within the same suburban market that offer better value relative to the local amenities and condition rating of 64/100. Buy-and-hold The buy-and-hold strategy is adversely affected by the current overvaluation of the property at €225,000 versus a fair value of €127,184. Investors should be cautious, as the low yield of 0% and the overall property condition suggest that significant long-term appreciation potential is unlikely in this suburban market. Not ideal for: Short-term rental, Luxury market, Student housing.
Economic Vulnerability The property faces a heightened risk due to an economic stability score of 60/100, indicating potential susceptibility to market fluctuations affecting tenant retention and rent collection.