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 82 m². Located on rua Maestro Virgílio Pereira, 16, Paredes parish, Paredes municipality, Porto district. Noteworthy features: The apartment includes a private terrace that offers an ideal outdoor space for leisure and a closed garage, providing added security and convenience in a central location.
The valuation. The asking price of €197,000 is below the fair value of €216,191, indicating a margin of €19,191, or 8.9%. This positions the property as fairly valued in the current market. Buy-to-flip angle. The buy-to-flip strategy would hinge on minor renovations to upgrade the mixed-quality finishes, allowing for an anticipated resale at a premium compared to the current asking price. Buy-to-let angle. Estimated rental income of approximately €640 monthly yields 3.9%, making this a viable long-term rental option in the suburban setting with adequate access to amenities and employment.
Fair value modelled at €216,191 from 6 comparable sales in the area. Asking €197,000 sits €19,191 (8.9%) below — the upside to fair value.
Asking €197,000 versus the rua Maestro Virgílio Pereira, 16 area baseline of €195,782 (€2,388/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 68/100 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 €195,782, adjusted for condition and micro-location, gives a modelled fair value of €216,191 (€2,636/m²), a €19,191 (8.9%) gap versus the €197,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Maestro Virgílio Pereira, 16 | Subject | €197,000 | €2,402 | — | 70 | 61 |
| Paredes · de0bfc | Active | €230,000 | €2,556 | 6.4% | 60 | 60 |
| Paredes · 6c77f2 | Active | €235,000 | €2,474 | 3.0% | — | 58 |
| Paredes · ba5986 | Active | €250,000 | €2,717 | 13.1% | 66 | 54 |
| Cristelo · 937640 | Active | €212,500 | €2,500 | 4.1% | 75 | 67 |
| Median comp | €232,500 | €2,528 | 5.2% | 66 | 59 |
Long-term rental This property presents a gross yield of 3.9%, making it a reasonable option for long-term rental investors given its fair value alignment. However, its condition score of 68/100 indicates that future capital expenditures may be needed to maintain rental attractiveness. Buy-and-hold As a buy-and-hold investment, the apartment's fair valuation suggests steady appreciation potential in the long term; however, the yield of 3.9% reflects a modest return on investment. Its suburban location provides decent access to amenities which could support future value stability. Family rental With a decent fair value and a location providing moderate access to amenities, this property can serve as a satisfactory family rental. The pricing is fair but attention should be given to the condition and neighbourhood scores when attracting tenants looking for quality living environments.
Market Vulnerability Despite an economic stability score of 70, the tenant stability score of 60 suggests potential fluctuations in occupancy rates that may 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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