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 92 m² on the 3rd floor, built in 1999. Located Baltar parish, Paredes municipality, Porto district. Notable Features: The apartment boasts generous sized rooms with an efficient layout and a private balcony, enhancing both comfort and outdoor accessibility in a central location.
The valuation. The asking price of €247,000 sits 8.9% above the fair value of €226,862. This difference of €20,138 reflects a fair valuation, aligning closely with market expectations and comparable properties in the area.
Fair value modelled at €226,862 from 6 comparable sales in the area. Asking €247,000 sits €20,138 (8.9%) above — overpriced versus fair value.
Asking €247,000 versus the Baltar, Paredes, Porto area baseline of €196,380 (€2,135/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 70/100 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 €196,380, adjusted for condition and micro-location, gives a modelled fair value of €226,862 (€2,466/m²), a €20,138 (8.9%) gap versus the €247,000 asking price.
| Reference | Status | Price | €/m² | vs subject | Condition | Location |
|---|---|---|---|---|---|---|
| Baltar · 9d298b | Subject | €247,000 | €2,685 | — | 72 | 57 |
| Paredes · 133b5e | Active | €230,000 | €3,151 | 17.4% | 70 | 59 |
| Cete · 25f8bb | Active | €248,990 | €2,567 | 4.4% | 70 | 62 |
| Rebordosa · a80546 | Active | €262,500 | €2,365 | 11.9% | 72 | 68 |
| Baltar · 25f8ee | Active | €237,500 | €2,730 | 1.7% | 72 | 64 |
| Median comp | €243,245 | €2,649 | 1.4% | 71 | 63 |
Buy-and-hold This 2-bed apartment in Baltar, Paredes is currently priced at €247,000, which is fairly close to its fair value of €226,862, indicating stable market performance. With a gross yield of 3.4%, it presents a reasonable long-term investment, though the neighbourhood rating of 57/100 suggests potential limitations on appreciation. Family rental Given its fair valuation and proximity to employment opportunities in Porto, this property can attract families seeking suburban living within reasonable safety and amenities. However, with a neighbourhood rating of 57/100 and the property’s condition rated at 70/100, future rental demand may depend on ongoing local improvements. Not ideal for the luxury market The apartment’s price point does not align with the expectations of the luxury market, where higher standards for amenities and location are typically demanded. Its current valuation and neighbourhood quality suggest that it may struggle to compete effectively in this segment. Not ideal for student housing Due to the suburban setting and the lower neighbourhood rating of 57/100, the property may not cater well to the needs and desires of student renters who often prioritize vibrant urban environments. This misalignment could limit the viability of pursuing a student rental strategy.
Potential Tenant Turnover Risk The economic stability and tenant stability scores of 55/100 indicate a medium risk of tenant turnover, which could lead to increased vacancy rates and lower rental income.
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
