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 121 m² on the 3rd floor, energy rating E. Located on rua António Araújo, 59, Paredes parish, Paredes municipality, Porto district. This apartment features a garage space with pre-installation for electric car charging, promoting modern sustainability amidst the vibrant urban setting of Paredes.
The valuation. The asking price of €258,000 is €13,149 (4.8%) below the fair value of €271,149, indicating it is priced appropriately in the current market. This aligns the investment potential with realistic expectations for returns.
Fair value modelled at €271,149 from 6 comparable sales in the area. Asking €258,000 sits €13,149 (4.8%) below — the upside to fair value.
Asking €258,000 versus the rua António Araújo, 59 area baseline of €220,658 (€1,824/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 79/100 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 €220,658, adjusted for condition and micro-location, gives a modelled fair value of €271,149 (€2,241/m²), a €13,149 (4.8%) gap versus the €258,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua António Araújo, 59 | Subject | €258,000 | €2,132 | — | 75 | 60 |
| rua António Araújo, 51 | Active | €260,000 | €2,737 | 28.4% | 73 | 62 |
| Paredes · 89e666 | Active | €307,500 | €2,121 | 0.5% | 78 | 53 |
| Paredes · 468251 | Active | €340,000 | €2,361 | 10.7% | 80 | 52 |
| Paredes · 90d80f | Active | €274,900 | €2,098 | 1.6% | 70 | 61 |
| Median comp | €291,200 | €2,241 | 5.1% | 76 | 57 |
Long-term rental The 2-bed apartment in Paredes offers a fair yield of 4.1%, which aligns with local market expectations, making it a reasonable choice for long-term rental. However, the 60/100 neighborhood rating suggests potential challenges in attracting high-quality tenants due to limited amenities and services. Family rental Given the apartment's size and fair valuation, it can effectively serve as a family rental, catering to local demand for more spacious living arrangements. Nevertheless, the 79/100 condition rating may require some investment in upgrades to attract families seeking better living standards in Paredes. Value-add renovation Investing in value-add renovations could enhance the apartment's appeal and potentially increase rental income, compensating for its fair price. The 79/100 condition implies room for improvement, which, if executed well, might boost both tenant satisfaction and property value in a market with limited offerings.
Economic Volatility Risk With an economic stability score of 60/100, there is an increased risk of fluctuations in local market conditions potentially impacting rental income and property values.
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