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 87 m² on the 7th floor, built in 2006, energy rating E. Located on rua Quinta do Penedo, 11, Paredes parish, Paredes municipality, Porto district. Noteworthy Features: The apartment boasts a practical layout optimized for comfort and functionality, alongside an exclusive top-floor position that enhances its privacy and prevents noise from neighbors above.
The valuation. The asking price of €229,000 sits €43,998 (23.8%) above the fair value of €185,002, indicating the property is overpriced. This discrepancy suggests that potential investors may face challenges in achieving immediate equity.
Fair value modelled at €185,002 from 6 comparable sales in the area. Asking €229,000 sits €43,998 (23.8%) above — overpriced versus fair value.
Asking €229,000 versus the rua Quinta do Penedo, 11 area baseline of €156,022 (€1,793/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 73/100 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 €156,022, adjusted for condition and micro-location, gives a modelled fair value of €185,002 (€2,126/m²), a €43,998 (23.8%) gap versus the €229,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua Quinta do Penedo, 11 | Subject | €229,000 | €2,632 | — | 70 | 58 |
| rua António Araújo, 59 | Active | €258,000 | €2,132 | 19.0% | 75 | 60 |
| Paço de Sousa · 83129d | Active | €275,000 | €2,165 | 17.7% | 70 | 62 |
| rua António Araújo, 51 | Active | €260,000 | €2,737 | 4.0% | 73 | 62 |
| Paredes · a80345 | Active | €295,000 | €2,034 | 22.7% | 74 | 55 |
| Median comp | €267,500 | €2,149 | 18.4% | 74 | 61 |
Long-term rental The 2-bed apartment in Paredes is currently listed at €229,000, which exceeds its fair value by 23.8%, highlighting the property as overpriced. With a gross yield of only 4% and a neighborhood score of 58/100, investors may find better long-term rental opportunities that deliver stronger returns. Family rental While the apartment is suited for family rentals, the pricing at €229,000 suggests it is overpriced compared to its fair value of €185,002. The unit’s condition rating of 73/100 and the neighborhood's mixed economic characteristics indicate that potential family tenants might seek more competitively priced options in the area.
Economic and Tenant Instability With both economic and tenant stability scores at 55/100, this property may face challenges in attracting reliable tenants, potentially leading to higher vacancy rates and lower 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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