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 92 m² on the 2nd floor, energy rating D. Located on rua Padre Augusto Correia, Paredes parish, Paredes municipality, Porto district. Noteworthy Features: The apartment's location in the center of Paredes offers excellent accessibility to local amenities, while the inclusion of a garage and additional storage enhances practicality. Investment Potential: With a North orientation, this property promises long-term value appreciation. Valuation Verdict: Fair.
The valuation. The asking price of €250,000 is positioned €22,421 (9.9%) above the fair value of €227,579, indicating that this property is fairly priced. The valuation reflects the average condition and mixed neighborhood quality. Buy-to-flip angle. Given the average quality materials noted, a renovation-focused resale strategy could yield higher returns, appealing to buyers looking for modern finishes. The property’s potential lies in its ability to attract a buyer looking for well-rounded suburban living. Buy-to-let angle. With a gross yield of 3.8%, or an estimated rental income of €792/month, the property represents a viable long-term rental investment. This yield, combined with the suburban location's stability, supports a solid buy-and-hold strategy.
Fair value modelled at €227,579 from 5 comparable sales in the area. Asking €250,000 sits €22,421 (9.9%) above — overpriced versus fair value.
Asking €250,000 versus the rua Padre Augusto Correia area baseline of €214,512 (€2,332/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 60/100 is below the parish average, reducing fair value versus a typical-condition unit.
Recent nearby listings price above the wider parish average — a hyper-local premium distinct from the parish baseline.
Base gap of €214,512, adjusted for condition and micro-location, gives a modelled fair value of €227,579 (€2,474/m²), a €22,421 (9.9%) gap versus the €250,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Padre Augusto Correia | Subject | €250,000 | €2,717 | — | 65 | 58 |
| Paredes · de0bfc | Active | €230,000 | €2,556 | 6.0% | 60 | 60 |
| rua António Araújo, 51 | Active | €260,000 | €2,737 | 0.7% | 73 | 62 |
| Paredes · 6c77f2 | Active | €235,000 | €2,474 | 9.0% | — | 58 |
| Paredes · 90d80f | Active | €274,900 | €2,098 | 22.8% | 70 | 61 |
| Median comp | €247,500 | €2,515 | 7.4% | 70 | 61 |
Long-term rental This 2-bed apartment in Paredes, priced at €250,000, provides a gross yield of 3.8%, which is consistent with the fair value assessment of €227,579 indicating a fair market position. Given the suburban safety and mixed housing profile, it has potential for steady long-term rental income, despite its modest condition and neighborhood ratings. Buy-and-hold The apartment's current listing reflects a 9.9% gap from its fair value, suggesting it is positioned appropriately in the market for a buy-and-hold strategy. With a stable suburban location and reasonable safety metrics, it can serve as a steady asset in a long-term real estate portfolio, though it lacks appeal for luxury or student housing segments.
Economic Concerns The economic stability score of 55 indicates potential volatility in the local market that may adversely impact rental income and property appreciation.**
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