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 135 m², built in 2004, energy rating B. Located on rua de Joanas, Louredo parish, Paredes municipality, Porto district. Noteworthy Features: This apartment features a desirable balcony that provides expansive views of both greenery and developed areas, enhancing its appeal for outdoor enjoyment and natural light. Condition Rating: The property is well-maintained, with quality finishes evident throughout, presenting a solid investment opportunity for immediate occupation.
The valuation. The asking price of €220,000 sits significantly below the fair value of €335,724, indicating a discrepancy of €115,724 (34.5%). This presents an advantageous buying opportunity as the apartment is underpriced.
Fair value modelled at €335,724 from 6 comparable sales in the area. Asking €220,000 sits €115,724 (34.5%) below — the upside to fair value.
Asking €220,000 versus the rua de Joanas area baseline of €331,097 (€2,453/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 66/100 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 €331,097, adjusted for condition and micro-location, gives a modelled fair value of €335,724 (€2,487/m²), a €115,724 (34.5%) gap versus the €220,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| rua de Joanas | Subject | €220,000 | €1,630 | — | 68 | 63 |
| rua do Maninho, 73 | Active | €220,000 | €2,200 | 35.0% | 70 | 63 |
| rua dos Pisões, 152 | Active | €265,000 | €1,656 | 1.6% | 75 | 63 |
| Cristelo · 937640 | Active | €212,500 | €2,500 | 53.4% | 75 | 67 |
| Paredes · 831809 | Active | €247,500 | €2,661 | 63.3% | 70 | 57 |
| Median comp | €233,750 | €2,350 | 44.2% | 73 | 63 |
Long-term rental The current listing price of €220,000 offers a significant gap of 34.5% below the fair value of €335,724, making this property attractive for long-term rental opportunities. With a decent condition score of 66/100, it can attract steady tenants in the transitional suburban market of Louredo. Buy-and-hold With a fair value considerably higher than the listing price, investing in this 2-bed apartment for buy-and-hold purposes holds potential for appreciation over time. The reasonable condition and location within Greater Porto suggest the property could see increased value, benefiting from the regional economic growth. Family rental This property, while not ideal for the luxury or student housing markets, is well-suited for family rentals given its spacious layout and suburban characteristics. The neighborhood's typical crime levels paired with the available amenities make it a viable option for families looking to settle in the area.
Economic Vulnerability The property faces potential financial risks due to an average economic stability score of 60/100, indicating susceptibility to market fluctuations that could impact rental income.
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