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 126 m² on the 3rd floor, built in 2011, energy rating D. Located Cristelo parish, Paredes municipality, Porto district. This apartment features a heat recovery system and a sunroom, enhancing energy efficiency and providing additional space for relaxation.
The valuation. The asking price of €350,000 exceeds the fair value of €267,934 by €82,066, representing a significant overvaluation of 30.6%. This indicates that the property is overpriced in the current market. Buy-to-flip angle. The buy-to-flip strategy would involve acquiring the property to renovate it, thereby enhancing its aesthetic appeal, and then reselling it quickly for a profit in the buoyant market. Buy-to-let angle. As a buy-to-let investment, the property appears unviable due to a gross yield of 0%, implying that it may not generate any rental income to cover expenses.
Fair value modelled at €267,934 from 6 comparable sales in the area. Asking €350,000 sits €82,066 (30.6%) above — overpriced versus fair value.
Asking €350,000 versus the Cristelo, Paredes, Porto area baseline of €217,367 (€1,725/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 82/100 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 €217,367, adjusted for condition and micro-location, gives a modelled fair value of €267,934 (€2,126/m²), a €82,066 (30.6%) gap versus the €350,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Cristelo · 9d2988 | Subject | €350,000 | €2,778 | — | 80 | 70 |
| rua António Araújo, 51 | Active | €260,000 | €2,737 | 1.5% | 73 | 62 |
| rua António Araújo, 59 | Active | €258,000 | €2,132 | 23.2% | 75 | 60 |
| Paredes · 89e666 | Active | €307,500 | €2,121 | 23.7% | 78 | 53 |
| Paredes · 8318bc | Active | €295,000 | €2,034 | 26.8% | 75 | 61 |
| Median comp | €277,500 | €2,127 | 23.4% | 75 | 61 |
Long-term rental The property in Cristelo is overpriced by 30.6% compared to its fair value of €267,934, making it a poor candidate for long-term rental investment. With a gross yield of 0% and a neighbourhood rating of 70/100, the returns from this strategy are inadequate given the current market conditions. Buy-and-hold At a listing price of €350,000, this property does not align with a buy-and-hold investment strategy, given its fair value assessment of €267,934 and significant gap. While the condition is rated at 82/100, the property’s current valuation hampers its potential for long-term appreciation and profitability. Family rental The 2-bed apartment in Cristelo, listed at €350,000, presents a challenge for family rental expectations as it is priced above fair value by 30.6%. Coupled with a gross yield of 0% and a neighbourhood score of 70/100, this property lacks the financial viability for attracting family tenants in the competitive rental market.
Potential Economic Decline The economic stability score of 70 suggests a moderate risk of downturn, which could impact rental income and property appreciation.
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