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, 1-bathroom apartment of 99 m² on the 4th floor, built in 2001. Located on rua do Espinheiro, 21, Baltar parish, Paredes municipality, Porto district. This apartment features two inviting balconies that enhance natural light and provide outdoor living space, perfect for enjoying the scenic views of Baltar.
The asking price is €259,000, significantly above the fair value of €233,000, indicating a downside of €26,000 or 10.2%. Confidence in this fair value is medium.
The property's fair value is derived from a blend of two valuation models. The Transaction model uses real transaction data, including 223 recorded sales in the municipality of Paredes in the last year. The Adjusted asking-price model takes current listings and adjusts for sale levels, with equal weight given to both models. No conservative adjustments were applied to this property. As a result, the fair value is €233,000, indicating that the asking price is above the fair value, with a gap of €26,000 and a downside of 10.2%. The confidence level in this valuation is medium.
Gross yield 6% (before costs)
Negotiation room: Negotiation context: asking prices in this municipality run about 24% above what similar homes actually sell for, so there is usually room to negotiate
The property is situated in a moderately rated neighborhood, which presents potential challenges for tenant quality, yet offers an estimated gross rental yield of 5.9%, indicating a strong opportunity for rental income. However, with the asking price of €259,000 being 10.2% above the fair value of €233,000, the price reflects an overvaluation compared to the projected value. This discrepancy suggests that, while the rental strategy is viable, investors should consider negotiating the price to align closer with the fair market conditions before proceeding. Overall, confidence in this investment remains medium due to the disparity in valuation versus the asking price.
Indicative, before costs, vacancy and management. Not investment advice.
Economic and tenant stability risk Given both the economic and tenant stability scores are 50/100, there is a significant risk associated with potential instability in rental income and occupancy rates, impacting overall investment returns. Fair value uncertainty risk With a medium confidence rating regarding the fair value set at €233,000, the lack of available micro-location transaction data raises concerns about the accuracy of this valuation, which could affect investment decision-making if pricing changes occur.
Grade AFindings: 0
Confirmed findings from our checks of this listing. They inform; they do not change the valuation.
No confirmed issues.
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.
Models 3.4.3 (Data quality v3 · Valuation v4.2 · Strategy v3.1)
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
