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.
3-bedroom, 1-bathroom house of 180 m², built in 1971, energy rating E. Located on rua da Boa Nova, Louredo parish, Paredes municipality, Porto district. Noteworthy Feature: This property includes a large workshop/annex that offers versatile usage options for professional activities or substantial storage space, enhancing its investment potential.
The valuation. The asking price of €259,000 exceeds the fair value of €177,377 by €81,624 (31.5%). This property is considered overpriced in the current market. Buy-to-flip angle. With renovations needed due to basic and dated materials, the property could be flipped in the competitive Greater Porto market for a higher price after improvements. Buy-to-let angle. Estimated rental income of €885/month results in a gross yield of 4.1%, making it a viable option for long-term rental in a mixed neighborhood.
Fair value modelled at €177,377 from the area baseline, adjusted for condition and location. Asking €259,000 sits €81,624 (31.5%) above — overpriced versus fair value.
Asking €259,000 versus the rua da Boa Nova area baseline of €228,780 (€1,271/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 46/100 (Condition 42 · Materials 50 · Room dimensions 50). Below-median condition lowers fair value versus a renovated baseline unit.
Neighbourhood score 58/100 (Housing Market 55 · Amenities 50 · Economic 60 · Tenant Quality 60). Strong amenities and housing-market momentum support a premium to baseline.
rua da Boa Nova
Area baseline €228,780 + condition -€82,688 + location +€8,064 = modelled fair value of €177,377 (€985/m²), a €81,624 (31.5%) gap versus the €259,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua da Boa Nova | Subject | €259,000 | €1,439 | — | 42 | 58 |
| avenida de Lagoas | Active | €475,000 | €1,627 | 13.1% | — | 71 |
| avenida de São Bento, 86 | Active | €250,000 | €2,155 | 49.8% | — | 56 |
| Beire · f360d1 | Active | €269,920 | €507 | 64.7% | 30 | 63 |
| rua Padre António Moreira de Meireles, 124 | Active | €499,000 | €1,697 | 18.0% | 71 | 63 |
| Median comp | €372,460 | €1,662 | 15.5% | 51 | 63 |
Long-term rental The property in Louredo is overpriced by 31.5% compared to its fair value, which diminishes its appeal as a long-term rental investment. With a gross yield of only 4.1% and a neighborhood rating of 58/100, potential rental income may not justify the initial outlay. Buy-and-hold At €259,000, the house is priced significantly above its fair value, suggesting that long-term appreciation may be insufficient to cover the initial premium. The property's condition score of 46/100 further complicates the buy-and-hold strategy, indicating ongoing costs that could erode potential returns.
Economic vulnerability With both economic stability and tenant stability scores at 60/100, there is a heightened risk of fluctuating income due to potential economic downturns impacting tenant retention and demand for rental units.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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