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, 3-bathroom house of 118 m², built in 2006, energy rating F. Located Recarei parish, Paredes municipality, Porto district. Noteworthy Features: This property includes a basement with two designated bedroom areas and two garages, providing flexible use options for future owners. Exterior Attributes: The outdoor space offers potential for creating a leisure area.
The valuation. The asking price of €283,000 is significantly higher than the fair value of €217,426, representing an overprice of €65,574 (30.2%). This property does not present a financially sound investment at its current asking price.
Fair value modelled at €217,426 from 6 comparable sales in the area. Asking €283,000 sits €65,574 (30.2%) above — overpriced versus fair value.
Asking €283,000 versus the Recarei, Paredes, Porto area baseline of €212,392 (€1,800/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 55/100 is below the parish average, reducing 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 €212,392, adjusted for condition and micro-location, gives a modelled fair value of €217,426 (€1,843/m²), a €65,574 (30.2%) gap versus the €283,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Recarei · ec1ac9 | Subject | €283,000 | €2,398 | — | 55 | 80 |
| rua do Campo | Active | €460,000 | €1,704 | 29.0% | 68 | 73 |
| Aguiar de Sousa · 3a70a2 | Active | €270,000 | €5,000 | 108.5% | — | 75 |
| Recarei · ade63e | Active | €180,000 | €1,552 | 35.3% | 62 | 78 |
| rua do Alegrete, 226 | Active | €1,100,000 | €1,833 | 23.6% | 68 | 64 |
| Median comp | €365,000 | €1,769 | 26.3% | 68 | 74 |
Long-term rental The property is overpriced at €283,000, significantly above its fair value of €217,426, indicating a 30.2% gap. Consequently, its gross yield of 3.9% does not justify the investment, especially considering the 55/100 condition rating. Family rental Although the property is located in a suburban area of Porto with good public services, the €283,000 listing price exceeds the fair value of €217,426 by 30.2%. As such, the current yield of 3.9% is not attractive for family rental purposes when compared to more competitively priced alternatives. Buy-and-hold With the property priced at €283,000, it is overvalued compared to the fair value of €217,426, resulting in a 30.2% disparity. This unfavorable valuation combined with a low yield of 3.9% suggests the buy-and-hold strategy would not yield favorable results in the long term.
Tenant turnover risk A tenant stability score of 80 indicates there may be periodic challenges in retaining tenants, potentially leading to vacancies and lost rental income.
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Comparables, condition and location workings, yield and time-to-sell. Written up and emailed to you.
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