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, 0-bathroom apartment of 77 m², energy rating D. Located Gandra parish, Paredes municipality, Porto district. Noteworthy Feature: The apartment's kitchen includes a functional marquee that enhances storage and usability, while the suite boasts air conditioning for increased comfort in warmer months.
The valuation. The asking price of €248,000 is significantly above the fair value of €194,756, creating a discrepancy of €53,244 (27.3%). This property is therefore considered overpriced.
Fair value modelled at €194,756 from 6 comparable sales in the area. Asking €248,000 sits €53,244 (27.3%) above — overpriced versus fair value.
Asking €248,000 versus the Gandra, Paredes, Porto area baseline of €168,737 (€2,191/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 €168,737, adjusted for condition and micro-location, gives a modelled fair value of €194,756 (€2,529/m²), a €53,244 (27.3%) gap versus the €248,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Gandra · 38b759 | Subject | €248,000 | €3,221 | — | 73 | 69 |
| travessa de São Domingos | Active | €235,000 | €2,582 | 19.8% | 72 | 70 |
| rua Vale da Pinha, 69 | Active | €259,000 | €2,785 | 13.5% | 70 | 71 |
| Campo e Sobrado · 3d998b | Active | €289,000 | €3,568 | 10.8% | — | 64 |
| Gandra · ab7153 | Active | €235,000 | €2,474 | 23.2% | — | 73 |
| Median comp | €247,000 | €2,684 | 16.7% | 71 | 71 |
Long-term rental The 2-bed apartment in Gandra, listed at €248,000, is overpriced compared to its fair value of €194,756, indicating a 27.3% gap. With a gross yield of 3.6%, the investment does not align with typical long-term rental expectations in a suburban context. Family rental Given the fair value assessment of €194,756 versus the listing price, this property appears overpriced, which may deter potential families looking for a budget-friendly rental option. The apartment’s condition and neighborhood ratings also suggest limitations in attracting family tenants seeking quality and convenience. Buy-and-hold While buy-and-hold strategies can be appealing in real estate, this 2-bed apartment is overpriced at €248,000, with a significant gap of 27.3% from fair value. The gross yield of 3.6% does not provide compelling returns for long-term investors in what is already a challenging suburban housing market.
Economic Vulnerability The economic stability score of 65/100 indicates potential fluctuations in market conditions that could impact rental income and property value.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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