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, 2-bathroom apartment of 120 m² on the 1st floor, energy rating B. Located on rua António Araújo, Paredes parish, Paredes municipality, Porto district. Noteworthy Features The apartment boasts a private 40 m² terrace ideal for outdoor entertaining, in addition to air conditioning and central heating for year-round comfort.
The valuation. The asking price of €298,000 sits slightly below fair value of €304,918, by €6,918 (2.3%). This property is fairly valued, making it an attractive consideration for potential buyers.
Fair value modelled at €304,918 from 6 comparable sales in the area. Asking €298,000 sits €6,918 (2.3%) below — the upside to fair value.
Asking €298,000 versus the rua António Araújo area baseline of €262,467 (€2,187/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 75/100 is above the parish average, lifting 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 €262,467, adjusted for condition and micro-location, gives a modelled fair value of €304,918 (€2,541/m²), a €6,918 (2.3%) gap versus the €298,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Araújo | Subject | €298,000 | €2,483 | — | 74 | 57 |
| Penafiel · 8933ef | Active | €279,900 | €3,076 | 23.9% | 80 | 58 |
| Paredes · dee5db | Active | €315,000 | €2,582 | 4.0% | 72 | 53 |
| alameda José Cabral | Active | €297,500 | €2,419 | 2.6% | 78 | 62 |
| rua do Côvelo, 715 | Active | €278,500 | €1,975 | 20.5% | 80 | 59 |
| Median comp | €288,700 | €2,501 | 0.7% | 79 | 59 |
Long-term rental This property offers a stable yield of 3.5%, making it potentially suitable for long-term rental opportunities in the suburban Paredes market. However, its fair value relative to the listing price suggests any investment here may not yield significant equity appreciation in the near term due to its fair pricing status. Buy-and-hold With a listing at €298,000, the property is fairly priced at 2.3% below the fair value, indicating moderate potential for long-term asset growth. While the condition and neighbourhood scores are acceptable, they suggest that price appreciation may be limited over time, making this a cautious buy-and-hold strategy. Value-add renovation This apartment's current condition of 75/100 indicates some potential for value-add renovations, yet the fair valuation implies that extensive improvements may not translate into sufficient equity gains. The existing suburban characteristics and moderate neighbourhood rating might also limit the upside from such renovations, making this strategy less appealing. Short-term vacation rental Given the suburban and rural characteristics of the area, this property is not ideally situated for a successful short-term vacation rental strategy. The 57/100 neighbourhood score further highlights potential challenges in attracting transient tenants, leading to an unlikely positive cash flow. Luxury market The property does not fit well within the luxury market due to its location and fair valuation, suggesting limited appeal to high-end buyers. The modest neighbourhood score reinforces this positioning, indicating that properties in this category may not reach luxury price points. Student housing While the proximity to Porto might suggest a potential market for student housing, the property's suburban appeal and fair pricing do not align well with the demands of student markets. Coupled with a moderate neighbourhood score, this investment strategy does not appear advantageous.
Economic and Tenant Instability With an economic stability score of 60/100 and a tenant stability score of 55/100, there is a heightened risk of fluctuations in rental income and increased vacancy rates due to potential economic challenges and tenant turnover.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
