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.
3-bedroom, 3-bathroom apartment of 183 m², built in 2025, energy rating A+. Located on rua da Pedra do Cão, Canidelo parish, Vila Nova de Gaia municipality, Porto district. Views: Enjoy unobstructed frontal views over the sea and Douro River estuary from the penultimate floor's terrace, enhancing the apartment's appeal as a unique coastal retreat.
The valuation. The asking price of €785,000 is substantially above fair value of €397,092, marking a difference of €387,908, or 49.4%. This property is considered overpriced based on current market conditions.
Fair value modelled at €397,092 from the area baseline, adjusted for condition and location. Asking €785,000 sits €387,908 (49.4%) above — overpriced versus fair value.
Asking €785,000 versus the rua da Pedra do Cão area baseline of €340,197 (€1,859/m²) for a median-condition unit of this size — the gap before quality adjustments.
AI Condition Index 85/100 (Condition 80 · Materials 88 · Room dimensions 85). Above-median finish quality lifts fair value versus a baseline unit needing CapEx. Full condition report →
Neighbourhood score 75/100 (Housing Market 75 · Amenities 70 · Economic 90 · Tenant Quality 70). Strong amenities and housing-market momentum support a premium to baseline. Full location report →
rua da Pedra do Cão
Area baseline €340,197 + condition +€22,875 + location +€34,020 = modelled fair value of €397,092 (€2,170/m²), a €387,908 (49.4%) gap versus the €785,000 asking price.
Long-term rental This property, priced at €785,000, significantly exceeds its fair value of €397,092, indicating it is OVERPRICED. With a gross yield of only 3%, the potential for generating satisfactory rental income is limited in comparison to more reasonably priced alternatives. Buy-and-hold Investing in this 3-bed apartment at its current price does not align well with a buy-and-hold strategy, as it is assessed to be OVERPRICED at a nearly 50% premium to its fair value. The low yield of 3% further complicates long-term appreciation expectations, making this investment less attractive. Family rental While the apartment is located in a suburban area with adequate amenities, the current listing price of €785,000 suggests it is OVERPRICED, making it risky for family rental purposes. The combination of a 3% gross yield and significant disparity from fair market value may deter families looking for affordable housing options.
Economic downturn risk The high economic stability score of 90/100 suggests a resilient market, but the tenant stability score of 70/100 indicates potential volatility in tenant retention, which could lead to increased vacancy rates during economic downturns.