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 95 m². Located Paredes parish, Paredes municipality, Porto district. This apartment features a flexible layout with potential for home office space, and is located in a rapidly appreciating neighborhood, enhancing investment viability.
The valuation. The asking price of €235,000 is significantly above the fair value of €25,928, resulting in an excessive markup of €209,072 (89.0%). The property is therefore considered overpriced. Buy-to-flip angle. With a current condition score of 0/100, the apartment presents opportunities for significant renovations to enhance its appeal, but efforts to sell at a profit appear limited given the current high asking price. Buy-to-let angle. The property offers a gross yield of 0%, indicating that rental income is not feasible at the asking price, reducing its attractiveness as a buy-to-let investment in the local market.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paredes · 6c77f2 | Subject | €235,000 | €2,474 | — | — | 58 |
| Cristelo · 937640 | Active | €212,500 | €2,500 | 1.1% | 75 | 67 |
| Duas Igrejas · 956914 | Active | €249,000 | €2,417 | 2.3% | 75 | 63 |
| Paredes · f360fe | Active | €297,500 | €3,099 | 25.3% | 78 | 61 |
| praça de José Guilherme | Active | €299,000 | €2,623 | 6.0% | 75 | 70 |
| Median comp | €273,250 | €2,562 | 3.5% | 75 | 65 |
Buy-and-hold The 2-bed apartment in Paredes is overpriced at €235,000, with a staggering gap of 89.0% from its fair value of €25,928. Given the current yield of 0% and the neighbourhood's average rating of 58/100, this investment is not likely to appreciate sufficiently over time to justify the purchase price. Family rental This property does not present a viable opportunity for family rental, as it is overpriced and lacks desirable features reflected in its 0/100 condition score. With the surrounding area receiving a moderate score of 58/100 for tenant quality, potential family tenants are unlikely to favor this apartment given the high investment required. Value-add renovation Despite potential for enhancement, the apartment remains overpriced at €235,000, which exceeds its fair value by a significant margin. The current state of the property, rated at 0/100, indicates extensive renovation needs that would not yield a return commensurate with the high initial purchase price. Not ideal for: Luxury market, Short-term rental, Student housing
Economic Vulnerability The property may face increased investment risk due to a relatively low economic stability score of 60/100, indicating potential fluctuations in market conditions. Tenant Instability Additionally, with a tenant stability score of 63/100, there is a risk of tenant turnover that could impact rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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