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 93 m² on the 2nd floor, built in 2005, energy rating C. Located Paredes parish, Paredes municipality, Porto district. This apartment features a new roof and external insulation, enhancing energy efficiency while offering a low monthly condominium fee of just €29.75.
The valuation. The asking price of €247,500 is slightly above the fair value of €243,921 by €3,579 (1.5%). Thus, it is considered to be correctly priced. Buy-to-flip angle. The buy-to-flip strategy would focus on improving the property’s aesthetic appeal, taking advantage of the high-quality materials already present, to resell at a higher market price. Buy-to-let angle. The rental income strategy would ideally involve targeting families for long-term rentals, capitalizing on the appealing features and layout of the 3-bed, 2-bath apartment.
Fair value modelled at €243,921 from 5 comparable sales in the area. Asking €247,500 sits €3,579 (1.5%) above — overpriced versus fair value.
Asking €247,500 versus the Paredes, Paredes, Porto area baseline of €209,834 (€2,256/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 76/100 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 €209,834, adjusted for condition and micro-location, gives a modelled fair value of €243,921 (€2,623/m²), a €3,579 (1.5%) gap versus the €247,500 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Paredes · a809b3 | Subject | €247,500 | €2,661 | — | 70 | 69 |
| rua da Agra | Active | €338,000 | €2,770 | 4.1% | 72 | 61 |
| Cristelo · 937640 | Active | €212,500 | €2,500 | 6.1% | 75 | 67 |
| Paredes · f360fe | Active | €297,500 | €3,099 | 16.4% | 78 | 61 |
| praça de José Guilherme | Active | €299,000 | €2,623 | 1.4% | 75 | 70 |
| Median comp | €298,250 | €2,697 | 1.3% | 75 | 64 |
Long-term rental Given the fair value of €243,921 and the current listing price of €247,500, the 1.5% gap indicates that this property is priced just right for long-term rental, yet the zero percent gross yield suggests minimal profit potential. Potential tenants may find the 76/100 condition and 69/100 neighborhood appealing, but investors should weigh the limited revenue against market stability. Family rental This property presents a fair opportunity for family rental, as the neighborhood scores a respectable 69/100, indicating a decent living environment for families. However, the zero percent gross yield highlights that while the apartment is well-priced, it may not generate meaningful cash flow in the family rental market. Buy-and-hold The buy-and-hold strategy is supported by this property’s fair pricing at €247,500, just 1.5% above fair value, aligning well with long-term investment stability. Nevertheless, the weak gross yield of 0% may hinder immediate cash returns, making it essential to consider long-term appreciation in the Paredes area and its relation to Porto's housing market.
Economic and Tenant Stability Risk The property has moderate scores of 70/100 for both economic and tenant stability, indicating a potential risk of fluctuations in rent and occupancy levels that could impact profitability.
Contributions are public and shown with the author's name and role. Links posted by users are not endorsed by Private Markets.
Log in to continue
Please log in or create an account to access this page.
No posts yet for this property.
Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
Log in to buy the report or use a credit
