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, 3-bathroom apartment of 120 m² on the 3rd floor, energy rating B. Located Baltar parish, Paredes municipality, Porto district. This apartment includes a private garage and a laundry room, enhancing convenience and functionality for everyday living.
The valuation. The asking price of €260,000 is significantly above the fair value of €216,541, representing an overpricing of €43,459 (20.1%). This indicates a lack of market competitiveness for this 3-bed, 3-bath apartment in Baltar. Buy-to-flip angle. With the goal of reselling, the strategy would involve enhancing the property’s value through minor renovations, capitalizing on its high-quality finishes to attract buyers willing to pay a premium above the current asking price. Buy-to-let angle. Given the current gross yield of 0%, rental income strategies would need to emphasize long-term family rentals or buy-and-hold tactics, leveraging the suburban safety and proximity to Porto to attract stable tenants.
Fair value modelled at €216,541 from 5 comparable sales in the area. Asking €260,000 sits €43,459 (20.1%) above — overpriced versus fair value.
Asking €260,000 versus the Baltar, Paredes, Porto area baseline of €176,808 (€1,473/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 80/100 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 €176,808, adjusted for condition and micro-location, gives a modelled fair value of €216,541 (€1,805/m²), a €43,459 (20.1%) gap versus the €260,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baltar · a808e4 | Subject | €260,000 | €2,167 | — | 78 | 68 |
| Paredes · 89e759 | Active | €260,000 | €2,047 | 5.5% | 70 | 65 |
| avenida de São Silvestre, 16 | Active | €295,000 | €1,746 | 19.4% | 85 | 63 |
| Cete · 25f8bb | Active | €248,990 | €2,567 | 18.5% | 70 | 62 |
| Paredes · 43940f | Active | €240,000 | €1,805 | 16.7% | 74 | 59 |
| Median comp | €254,495 | €1,926 | 11.1% | 72 | 63 |
Long-term rental This property, listed at €260,000, significantly exceeds its fair value of €216,541, indicating it is overpriced by 20.1%. With a gross yield of 0%, the financial viability of a long-term rental strategy is severely compromised. Family rental The pricing of €260,000 makes this 3-bed apartment overpriced compared to its fair value, limiting its appeal for families looking for affordable housing options. Additionally, the neighborhood's average score of 68/100 suggests that families may seek better conditions elsewhere. Buy-and-hold At €260,000, the property is priced 20.1% above its fair value of €216,541, making it a less attractive buy-and-hold investment. The lack of gross yield further diminishes the potential for long-term capital appreciation in this overvalued property.
Tenant turnover risk With a tenant stability score of 65/100, there is a heightened risk of tenant turnover which could lead to increased vacancy rates and reduced rental income.
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