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, 2-bathroom apartment of 120 m² on the 3rd floor, energy rating B. Located on rua do Areal, 196, Baltar parish, Paredes municipality, Porto district. Noteworthy Features: This apartment features a separate laundry room and a private garage, enhancing convenience and storage in a well-maintained living space.
The valuation. The asking price of €260,000 sits €24,306 (8.5%) below the fair value of €284,306, indicating a fair market valuation for this property. This assessment reflects the property's quality and market conditions. Buy-to-flip angle. The potential for a quick resale could be viable, considering the current asking price and the demand in the area. Strategic renovations could further enhance the property's appeal to increase resale profits. Buy-to-let angle. With an estimated gross yield of 3.7% and potential rental income of approximately €802 per month, the buy-to-let strategy offers a steady income stream. The suburban location and quality amenities make it attractive to long-term renters.
Fair value modelled at €284,306 from 6 comparable sales in the area. Asking €260,000 sits €24,306 (8.5%) below — the upside to fair value.
Asking €260,000 versus the rua do Areal, 196 area baseline of €228,874 (€1,907/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 77/100 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 €228,874, adjusted for condition and micro-location, gives a modelled fair value of €284,306 (€2,369/m²), a €24,306 (8.5%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua do Areal, 196 | Subject | €260,000 | €2,167 | — | 75 | 62 |
| Cete · 25f8bb | Active | €248,990 | €2,567 | 18.5% | 70 | 62 |
| Baltar · 25f8ee | Active | €237,500 | €2,730 | 26.0% | 72 | 64 |
| Paredes · 43940f | Active | €240,000 | €1,805 | 16.7% | 74 | 59 |
| Sobreira · be9529 | Active | €235,000 | €2,176 | 0.4% | — | 66 |
| Median comp | €238,750 | €2,372 | 9.5% | 72 | 63 |
Buy-and-hold This 3-bed apartment in Baltar offers a stable investment option with an overall fair market value, making it a reasonable choice for long-term appreciation. The property's yield of 3.7% gross, combined with the proximity to Porto, supports steady demand in the suburban market. Family rental Given its size and fair valuation, this apartment could appeal to families seeking more space in the suburban environment of Baltar. The mixed residential-commercial character of the neighborhood may provide ample amenities to attract tenants, contributing to a reliable rental income. Long-term rental The apartment's fair valuation means it could serve well in a long-term rental strategy, catering to residents looking for stability near Porto. The decent condition rating of 77/100 indicates it is fit for occupancy, making it an attractive option for long-term tenants, despite the average neighborhood rating. Not ideal for: Luxury market, Student housing
Potential Tenant Turnover There is a risk of increased tenant turnover due to the moderate tenant stability score of 65/100, which may lead to potential vacancy periods and associated costs.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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